What is the marginal cost of each of his two firms

Assignment Help Econometrics

Reference no: EM133300910

Assignment: Consider two companies in a market the company grilled sardines has a cost function: Csg (q)=q3 +2 q2 the island crab business has a cost function: Cc(q)=2q2 +3q

Question 1: What is the marginal cost of each of his two firms?

Question 2: explain the consequences of this difference?

Question 3: what is the average cost of each of his two companies, you must show your calculations

Question 4: Draw the curve of the company's short-term supply to the island crabs. explain your approach

Reference no: EM133300910

Questions Cloud

Do you think social justice in today society is fair justice : Do you think social justice in today's society is "fair" justice? Explain your answer and support it with what. you learned from the videos this week.

Is there an arbitrage profit opportunity here : Suppose that you noticed the following prices: C=$12; S=$60; X=$50, for a one year European call option. The simple risk-free interest rate is 10% per year.

Identify the organizational structure of best buy : Identify the organizational structure of BEST BUY. Explain. NOTE: Focus on the organizational structure in the US market of BEST BUY.

How can a hotel create a safe environment for employees : How can a hotel create a safe environment for employees and guests while maintaining customer privacy?

What is the marginal cost of each of his two firms : What is the marginal cost of each of his two firms?explain the consequences of this difference?what is the average cost of each of his two companies

Components of instructional materials-the delivery system : There are three primary components of instructional materials: the delivery system, content and presentation.

Values in your head and values in your gut : What does it mean when they say that moral growth is closing the gap between the values in your head and the values in your gut?

What you would liked about quoting convention : Based on the case study Quoting Convention of NASDAQ Dealers Prompts a Justice Department Probe point out what you would liked about this analysis

About assimilating to Anglo-American culture : Discuss how Equiano went about assimilating to Anglo-American culture and how he perceives it.

User Account

All Pages