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Your company has estimated its total cost to be TC=7000+0.05Q+0.0015Q^2 so its marginal cost is thus MC=0.05+0.003Q where Q is the quantity of units produced and TC is in dollars. Since your market is relatively competitive, your company is able to sell its output for $13.55 each, which thus yields MR=13.55 and TR=13.55Q
1: What is the optimal level of output for your company to produce/sell?
2: What is the marginal revenue from the last unit sold?
3: What is the total revenue from selling the optimal number of units?
4: What is the total cost from selling the optimal number of units?
5: What is the profit (net benefit/net revenue/etc.) from selling the optimal number of units?
Design a program that will allow a user to Input a list of your family members along with their age and state where they reside. Determine and print the average age of your family and print the names of anyone who lives in Oregon.
John makes $200 a week at his summer job and spends his entire weekly income on new sweaters and designer jeans since these are the only
In international economics, the foundation of free trade is based on the theory of comparative advantage. For example, (an unrealistic and simple one)
a. Find all loan numbers with a loan value greater than $50,000. b. Find the names of all depositors who have an account with a value greater than $9,000. c. Find the names of all depositors who have an account with a value greater than $8,000 at the..
Write a program that uses a two-dimensional array to store the highest and lowest temperatures for each month of the year. The program should output the average high, average low, and highest and lowest temperatures of the year. Your program must ..
Show that when checkpoints are taken after every K (K > 1) messages are sent, the recovery mechanism can suffer from the domino effect. Assume that a process takes a checkpoint immediately after sending the Kth message, but before doing anything e..
Horsepower. Create a stem-and-leaf display for these horse powers of autos reviewed by Consumer Reports one year, and describe the distribution
Can you devise a way to modify TCP to avoid the possibility of senders being taken advantage of in this manner?
Identify the various sources of culture in an organization and what impact it has on it employees. Can culture be changed? Who can make cultural changes in an organization?
What is the difference between asynchronous and synchronous network connections and why is it important to know the difference?
Determine the ways your company is dealing with the moral hazard problem and suggest best practices used in the industry to deal with it. (southwest Airlines)
Questions (both questions must be answered): 1. Find an online article regarding Disaster Recovery OR Business Continuity.
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