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Suppose the bobby pin industry is perfectly competitive. The price of a packet of bobby pins is $2.00. Pins and Needles, Inc. is a firm in this industry and is producing 1,000 packets of bobby pins per day at the point where the MC = MR. The average cost of production at this output level is $1.50 per packet.
a) What is the marginal cost of the 1,000th packet?
b) Is this firm making an economic profit, a normal profit, or an economic loss? How much?
c) Is the firm in long-run equilibrium? Why or why not?
I am taking gen/195 at university of phoenix and have to create a topic sentence and informal outline for my personal ethics statement due in week five. do u happen to know what topic its suppose to be?
Discuss reform actions that the U.S. government has taken to reduce the ethical concerns or problems that you discussed. Define the ethical principle of justice, and discuss its role in the U.S. health care system
brwon h. d. 2010. standards-based assessment pp. 85-102.go over the appendix to browns chapter 4 . here you will find
Officer trust is one of the basic tenants of law enforcement and it is often referred to as the "thin blue line". Do you believe that this line exists and, if so, do you agree with the concept? How far is too far when it comes to protecting the bl..
The two most important law enforcement agenices that appeared before WWI were? Although professionalization introduced a number of changes in policing, one of the forgotten entities remained the?
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Describing the process of obtaining, installing and running Samba which could be used as a brief guide for an install. Describe the system requirements needed in your own words, and finally cite your source using an APA web site citation.
Person #206 in the data set has the following characteristics: cigpric = 67.44, income = 6500, educ = 16, age = 77, restaurn = 0, white = 0, smoke=0. Compute the predicted probability of smoking for this person and comment on the result
You are working at the veteran's agency and your caseload includes men with PTSD. They are uniquely experienced in mortal combat. They recently returned from battle zones in Afghanistan and Iraq. Many of their friends have died in battle. Some won..
Write a three page paper, on a controversial topic relating to legalization of marijuana. The paper should include minimum of two references from journals in addition to your text. References need to be from 2005 to present.
Socrates' initial reason for founding the city in speech is to learn something about justice in the soul. What is the relationship between the city and the soul as developed in the Republic?
The students will Identify the Reason and the Purpose of the Freedom Riders, and what kind of affect it has on today's society. Public Transportation- who use the public transportation, and how did it effect their daily life.
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