User Account

All Pages

What is the average cost of the firm

Assignment Help Business Management
Reference no: EM131296729

Suppose the firm is a monopolistic competition firm whose demand function is X= 100 - 2P, Assume that there are no barriers to entry and the firm sells at equilibrium 20 units.

a. What is the average cost of the firm?

b. What can you say about the marginal cost of the firm?

Reference no: EM131296729

Questions Cloud

How might sue take advantage of demographic changes : How might Sue take advantage of demographic changes such as the aging of the U.S. population to improve CHC's performance?
Identify the fallacy that relates to the self talk recorded : Consider the variables of why we form relationships (attraction, similarity, complementarily. proximity. etc.) How did these variables function in the beginning of your relationship? How do the variables function now that you have a more establis..
How could such a monopolist escape this trap : Knowing this in advance, buyers will be unwilling to pay more than P = MC to begin with. How could such a monopolist escape this trap?
How will chcs earnings before taxes be affected : How will CHC's earnings before taxes be affected if revenue is less than expected? How will CHC's earnings before taxes be affected if expenses are more than expected?
What is the average cost of the firm : a. What is the average cost of the firm? b. What can you say about the marginal cost of the firm?
A health club differs from manufacturing firms : A health club differs from manufacturing firms in that it produces a service rather than products.- Do you think that small manufacturing firms would typically require more or less financing than a health club? Explain.
Focus on continual improvement based on feedback : Given that Yahoo!'s business seems to be working, why is it still necessary for Yahoo! to focus on continual improvement based on feedback from its customers?
Monetary policies in the united states : What were some monetary policies in the United States during the 1950's ? What impact did they have during that decade?
Why does the topic deserve your research attention : Brief introduction to the topic and the economic questions to be addressed. Why does this topic deserve your research attention? How will you obtain data set for this research if applicable?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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