User Account

All Pages

What will be the long-run price

Assignment Help Basic Computer Science
Reference no: EM131757351

There are many identical firms with a simple cost structure: Total cost for Q = 0 is $6 and total cost for Q = 1 is $8. Each firm is incapable of producing anything more; in other words, total cost is infinite for any Q larger than 1.

a) In the short run, above what price will firms supply one unit each?

b) If firms are free to enter and exit this market, what will be the long-run price?

Reference no: EM131757351

Questions Cloud

Compare the vertical analysis results with the industry : Compare the vertical analysis results with the industry average information provided and identify any areas that you believe merit further investigation
Discuss biological basis of schizophrenia and not on symptom : Discuss biological basis of schizophrenia and NOT on the symptoms of disorder. Your paper may about any topic that interests you within area of biopsychology.
Determine the after tax profit of alpha and omega : Determine the after tax profit of Alpha and Omega. How do you evaluate Alpha and Omega
What is meant by leadership : What is meant by leadership? How can one gain leadership in marketing-procurement channels? What type of resources are needed?
What will be the long-run price : If firms are free to enter and exit this market, what will be the long-run price?
Depreciation expense is expected to remain unchanged : Depreciation expense is expected to remain unchanged, Salaries are expected to increase by
What money supply should it set : If the central bank wants the interest rate to be 3 percent, what money supply should it set? Show your work.
What proportion of accidents happen in front of sue property : Sue's property adjoins the bike path between the 0.8 mile mark and the 1.1 mile mark. What proportion of accidents happen in front of Sue's property? Explain.
Find the monopolist profit-maximizing output and price : a. Find the monopolist's profit - maximizing output and price. b. Calculate the monopolist's profit/losses, if any.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Network design and the location

Create an 150 word narrative. The diagram have 4 small office and data center. Showing the frequencies/channels that will be used for your network design and the location where the frequencies/channels will be use. What type IEEE wireless network ..

  Determine which alternative maximizes your expected assets

You live in an area that has a possibility of incurring a massive earthquake, so you are considering buying earthquake insurance on your home at an annual cost.

  Convert following base ten numbers their binary equivalent

Convert each of the following base ten numbers to their binary equivalent: a. 16.4 b. 39 c. 48.67

  Compare the approach of two quality thought leaders

Compare the approach of two quality thought leaders. What portions of their respective approaches are applicable in the 21st century? What portions of their respective approaches would need to be modified to be applicable in the 21st century?

  Investigate fat32 versus ntfs write a short summary of them

Investigate FAT32 versus NTFS and write a short summary of them

  Program which calculate total average of student

Write a program that calculates the total average of each student in a class along with his/her letter grade and then displays information about the student with the highest score and the student with the lowest score and displays the list of all ..

  Define a structure data type and member variables

Define a structure data type and member variables for a single kind of screw in a parts inventory, with fields for inventory number, screw length, diameter, kind of head (Phillips or standard slot), material (steel, brass, other), and cost.

  Capturing the functional requirements

1. Draw a use case diagram capturing the functional requirements from thestatement below: Show the correct use of either > or >. 2. Develop a domain class diagram needed to support your use case diagram.

  Demonstrate the skill of creating a dynamic web page

Demonstrate the skill of creating a Web page that delivers audio and/or video content. Design and develop a Web site that includes at least two Web pages that meet the following requirements.

  Performs a simulation to estimate the probability of rolling

Suppose you take a random walk of n steps. On average, how many steps away from the starting point will you end up? Write a program to help you investigate this question.

  Compute trajectories for a satellite launcher

Compute trajectories for a satellite launcher

  Immunize a big chunk of her bond portfolio

Grace has been playing with the idea of trying to immunize a big chunk of her bond portfolio. She'd like to cash out this part of her portfolio in seven years and use the proceeds to buy a vacation home in her home state of Oregon. To do this, she..

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