What is the long-run market supply curve

Assignment Help Business Management
Reference no: EM131154706

The daily cost of making pizza in Edmonton is C(Q) = 4Q+ (Q2/40), plus an avoidable fixed cost of $10; marginal cost is MC= 4 + (Q/20). In the long run firms may enter the market freely.

What is the long-run market supply curve?

Reference no: EM131154706

Questions Cloud

Palanquin bearers most rhythmic poems of sarojini naidu : Sarojini Naidu was born on February 13th in 1879 in Hyderabad. She was a political activist and played an active role in the freedom struggle of India. She was the first Indian woman to become the president of the Indian National Congress. In 1947, s..
Compare nestles and saps approaches to corporate strategy : compare and contrast Nestlé's and SAP's respective approaches to corporate strategy. - Compare and contrast Nestlé's and SAP's financial performance over the past 5 years.
New market equilibrium in the long run : If fixed costs fall to $18 and, in the short run, the number of firms is fixed (so that neither entry nor exit is possible) and fixed costs are sunk, what is the new short-run market equilibrium? What is the new market equilibrium in the long run?..
Long-run market equilibrium in market : Suppose the daily demand function for pizza in Regina is Qd= 1,525 -5P. The variable cost of making Qpizzas per day isC(Q) = 3Q+ 0.01Q2, there is a $100 fixed cost (which is avoidable in the long run), and the marginal cost is MC= 3 + 0.02Q. There..
What is the long-run market supply curve : The daily cost of making pizza in Edmonton is C(Q) = 4Q+ (Q2/40), plus an avoidable fixed cost of $10; marginal cost is MC= 4 + (Q/20). In the long run firms may enter the market freely.
Explain why boehm''s spiral model is an adaptable model : Explain why Boehm's spiral model is an adaptable model that can support both change avoidance and change tolerance activities. In practice, this model has not been widely used. Suggest why this might be the case.
Calculate the ratios from your textbook or any other ratios : Calculate the ratios from your textbook or any other ratios you deem necessary for each company for two years. Some examples are working capital, current ratio, current cash debt coverage ratio and inventory turnover ratio.
Explain college grade point average : In a multiple regression model using 400 students to explain college grade point average, the following explanatory variables and a constant term equal to 1 are initially included in the regression: high school GPA, ACT score, number of credits co..
Briefly describe the two specific systemic crises : Briefly describe the two specific systemic crises you have selected. Explain how the two crises are similar and how they are different, including their breadth of impact. Explain what insights you have or conclusions you can draw based on the compari..

Reviews

Write a Review

Business Management Questions & Answers

  Socially conscious business

A detailed review of one company claiming to operate ethically. Discuss the approach(es) they have used to become a more socially conscious business, linking this with the ethics and values of the company that you have identified.

  Type of consumer good

Staple goods and impulse goods are examples of which type of consumer good? (Select the best answer.)

  Enticing non-union organizations to unionize

Explain what are the various methods utilized by staff representatives to woo the employees of non-union organizations to unionize?

  Determination of probability

Mark and Joe have a lunch appointment at 1 p.m. today. There is a 0.8 probability that Mark will make it. There is a 0.5 probability that Joe will make it.

  Briefly describe your innovative idea

Briefly describe your innovative idea. Determine the business structure that would be the best choice for your venture. Support your decision.

  What factors do you need to consider when making a decision

If you were Dr. Bill Lamont, how would you handle this difficult situation? What factors do you need to consider when making a decision? How might you use emotional intelligence in this situation?

  Why is the capital-budgeting process so important

What is the payback period on each project? If Caledonia imposes a 3-year maximum acceptable payback period, which of these projects should be accepted?

  Managing organizational behaviordsecribe how these elements

managing organizational behaviordsecribe how these elements of communication can impact individual behavior in managing

  Where in maslow hierarchy would you place this idea

Where in Maslow's hierarchy would you place this idea? What needs must have been met previously with the clients to make the new venture a potentially successful idea

  Flexible budget brabham enterprisesbrabham enterprises

flexible budget brabham enterprisesbrabham enterprises manufactures tires for the formula i motor racing circuit. for

  Prepare a proficient report covering theoretical concepts

Carefully select appropriate theories and concepts and construct an in-depth and analytical discussion and quality of the research and analysis undertaken

  A barrier to achieving process integration

Which of the following is not considered a barrier to achieving process integration?

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!

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