When this industry is in long run equilibrium

Assignment Help Managerial Economics
Reference no: EM13977361

1. Suppose market demand is Q = 1000 - 4p. If all firms have LRAC = 50 - 5q + q2, how many identical firms will there be when this industry is in long-run equilibrium? 

Reference no: EM13977361

Questions Cloud

How much force pulls forward on the ice and the rope : A 2.00m -long, 450g rope pulls a 13.0kg block of ice across a horizontal, frictionless surface. The block accelerates at 2.40m/s2 . How much force pulls forward on (a) the ice, (b) the rope.
Find the energy equivalent of the spilled oil : In 2010 the Deepwater Horizon oil well in the Gulf of Mexico blew out, spilling some 5 million barrels of oil into the Gulf over 3 months. Find the energy equivalent of the spilled oil and estimate how long this oil could have supplied the entire ..
What are their thoughts on secret prisons : Do they agree with holding captured suspects indefinitely, without charge? Or do they think suspects should enjoy due process and be tried in civilian courts? What are their thoughts on secret prisons, extraordinary rendition, and the Enemy Combata..
What is the magnitude of the average current in the coil : A 200-loop coil of cross sectional area 8.5 cm2 lies in the plane of the page. An external magnetic field of 0.060 T is directed out of the plane of the page. The external field decreases to 0.020 T in 12 milliseconds. What is the magnitude of the..
When this industry is in long run equilibrium : Suppose market demand is Q = 1000 - 4p. If all firms have LRAC = 50 - 5q + q2, how many identical firms will there be when this industry is in long-run equilibrium?
Problem regarding the optimism and longevity : A cancer specialist from the Los Angeles County General Hospital (LACGH) rated patient optimism in 20- to 40-year-old male patients with incurable cancer in 1970. In 1990, the researcher examined hospital records to gather the following data:
Find the current in a 25 cm diameter wire loop : A 2000 turns solenoid is 2 m long and 15 cm in diameter. The solenoid current is increasing at 1000 A/s. Find the current in a 25 cm diameter wire loop wth resistance 5 ohms enclosing the solenoid and perpendicular to the solenoid axis (in mA).
Which force exerts a torque about the hinge ab : The 20.0cm by 35.0cm rectangular circuit shown in the figure (Figure 1) is hinged along side ab. It carries a clockwise I = 4.90A current and is located in a uniform 1.00T magnetic field oriented perpendicular to two of its sides, as shown. Which ..
Describe the agenda and major procedures of the meeting : State the outcome of the meeting, if there was vote, or summarize the agenda issues and major arguments for and against the issue; and

Reviews

Write a Review

Managerial Economics Questions & Answers

  Linear programming problem

Linear programming is a mathematical technique used to determine the optimal solutions to certain specific problems.

  Demand, supply and the market equilibrium

The article study for the demand, supply and the market equilibrium has been discussed. The article that has been review was published on August 2012.

  Supply and demand in professional sports

Draw the individual cost curves on one graph: marginal cost, average total cost, average ?xed cost, and average variable cost. Place costs ($) on the y-axis and quantity (Q) on the x-axis.

  Explain whether the firm will make economic profit

Explain whether the firm will make economic profit, In the short run and In the long run.

  Determine the official measure of the deficit

Determine the official measure of the deficit

  Coordination of the activities of a business

The organization and coordination of the activities of a business in order to achieve defined objectives.

  What is the profit maximizing number of gizmo widgets

What is the profit maximizing number of Gizmo Widgets that should be introduced? Be sure to account for the fact that Gizmo Widgets displace other kinds of widgets. Again, be sure you provide a brief explanation of your approach/reasoning.

  Determine autocorrelation function of a rectangular pulse

Prepare the sketch the Fourier transform of a rectangular pulse of amplitude 10 V and width 0.1 second that is centered on the zero time axis. Determine the autocorrelation function of a rectangular pulse.

  Managerial economics assignment

Carry out an analysis from the standpoint of both EMV and expected utility to establish Jeremiah’s best course of action, including a consideration of his bidding strategy with regard to the auction.

  Prepare a marginal cost analysed income statement for 2014

Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.

  Prepare a marginal cost analysed income statement for 2014

Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.

  Solve managerial economics questions

MGMT 3306: Solve the assignment problems, 1. Please answer the assignment questions in this docx file and save once you’re satisfied. Assignment 3covers the lectures slides for Week 6.

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