User Account

All Pages

What is douglas fur fixed cost

Assignment Help Macroeconomics
Reference no: EM131326666

Douglas fur is a small manufacturer of fake-fur boots. It is one of many firms selling fake-fur boots. The following table shows its total cost of production

Quantity of boots (pairs per hour)

Total cost (dollar per hour)

0

120

1

200

2

240

3

285

4

340

5

425

6

540

1. What is Douglas Fur's fixed cost?

2. What is the ATC in the short run when 4 pairs of boots are produced?

3. Douglas fur is thinking of increasing its production from 3 to 4 pairs of boots. What would its MC be?

4. If the price of a pair of boots is $49 how many pairs should Douglas fur produce?

Reference no: EM131326666

Questions Cloud

How much after tax cash flow would carson receive : How much after-tax cash flow (ATCFs) would Carson receive if Royal Oaks was sold today?- What is the marginal rate of return (MRR) if Carson holds the property for one additional year (if he sells next year versus this year)?
Explain the difference in sram and dram : Explain the difference in SRAM and DRAM. Assume a computer has the capacity to hold up to 4 memory modules, with each module containing 1G bytes. How many total bits are needed in the memory address
Explain the difference between the returns : Explain the difference between the returns calculated in (a) and (b). Is there a difference in the risk associated with each financing alternative?
What was the immediate result of the balkan wars : What was the immediate result of the Balkan Wars of 1912 and 1913? In 1927, how did Chiang Kai-shek resolve disputes between the Nationalist Party and the Communist Party?
What is douglas fur fixed cost : 1. What is Douglas Fur's fixed cost? 2. What is the ATC in the short run when 4 pairs of boots are produced? 3. Douglas fur is thinking of increasing its production from 3 to 4 pairs of boots. What would its MC be?
Is this better than a cash sale : Interest at a rate of 10 percent would be charged on the unpaid balance due the seller. Is this better than a cash sale?
What is the strongest argument in favor of natural law : What are two core worldview concerns/questions that every worldview seeks to answer? What particular ethical questions beg to be asked and answered, based on the responses to these worldview questions? Cite your sources from the textbooks and othe..
What are the implications of generational diversity : Describe the different generations that make up what some people are now referring to as "generational diversity" and their unique characteristics. What are the implications of generational diversity on effective leadership?
Calculate absolute and relative unfairness of apportionment : How and why could an Alabama Paradox occur? Explain how applying the Huntington-Hill apportionment method helps to avoid an Alabama Paradox. Calculate the absolute and relative unfairness of this apportionment.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Question 1 the international monetary system exchange rate

question 1 the international monetary system exchange rate regimesa currency exchange rates for december 1999-september

  Models of economics

Create a chart that compares and contrasts the theories including the main theorists, a selection of countries using each model, and a summary of where the economic power lies (i.e., people, market, government).

  Movment along the demand curve

What is the difference between a shift in the demand curve, and a movment along the demand curve?

  Explain why does the government support public

Explain why does the government support public education when the private sector also provides this service.

  Tax on a house with an assessed value

The property value on the smith family's house had an assessed value of $250,000. The property tax was $3500. Determine the property tax on a house with an assessed value of $420,000, assuming the same tax rate.

  Illustrate what does the term recession mean

Illustrate what does the term "Recession" mean and how do we know when one occurs. How does government intervene to move the economy out of a recession.

  How much do you expect your revenue to be

On average, how much do you expect your revenue to be? Your accounting profit? Your economic profit? Will you quit your job and try your hand at being an entrepreneur?

  Why we see budget deficits going up during the recession

Our economy is currently in recession so let's discuss how discretionary Fiscal Policy can help the situation. Please explain why tax cuts may be needed now and why we see budget deficits going up during the recession

  Illustrate what happens to an individual persons

Illustrate what happens to an individual person's demand curve for BlackBerry phones as the number of other Blackberry users declines.

  Describe kuznet inverted-u hypothesis of income distribution

Describe the Kuznets' Inverted-U hypothesis of income distribution. Use the empirical evidence (both cross-country and time-series) to examine the validity of this hypothesis.

  Describe a problem involving relationships

Describe a problem involving relationships that you could solve by applying a function. Determine the steps for solving this problem.

  Little sparse because the dockworkers union

1. The shelves in your local target store are looking a little sparse because the dockworkers union is on strike. At targets headquarters, managers are using ___ applications to plan the most efficient distribution logistics for when the strike en..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd