the calculus of optimization, Managerial Economics

Assignment Help:

the demand for widgets(x) is given by:
px=160 -4x
the production of widget has the following average variable cost:
Avc=2x-20
fixed cost are 162
calculate the output level of widget that
a) maximizes total revenue
b) minimizes the average total cost(atc) of widgets
c) minimizes the total cost (tc) of widgets
d)maximizes profits

Related Discussions:- the calculus of optimization

Economic benefits, Singapore Airlines is facing the possibility of a new c...

Singapore Airlines is facing the possibility of a new competitor " Qantas " to enter the Singaporean market, especially in premium market, Singapore Airlines is dominant on the ma

Objectives of icas, Objectives of ICAs Most schemes have as their main...

Objectives of ICAs Most schemes have as their main objective to stabilize and/or increase the world price of commodity, producers' incomes, foreign exchange earnings of export

Homework, 1. What does a MNC have to consider that a domestic company does ...

1. What does a MNC have to consider that a domestic company does not, and how does this impact capital budgeting? in addition to the complications encountered in doing a capital bu

Increemental principle, asumption and limitation of increemrntal,oppurtunit...

asumption and limitation of increemrntal,oppurtunity cost

Kristy, Rail Tours sells packaged tours on rail lines, including gourmet me...

Rail Tours sells packaged tours on rail lines, including gourmet meals and a reserved bed. The most popular tours are in the autumn when colors are at their peak. The overnight pac

Demand forecasting, assignment help on demand forecasting

assignment help on demand forecasting

Economics of population, The Economics of Population Population issues...

The Economics of Population Population issues became matters of economic concern when it became increasingly apparent that the problem of excess population may be a serious ob

The cps data, Using the CPS data, set the sample to women only and regress ...

Using the CPS data, set the sample to women only and regress lnwage on education & MARRIED (which is 1 if married and 0 if not) and 1-MARRIED. Give a 95 percent confidence interval

Define the term understanding oligopoly, Define the term understanding olig...

Define the term understanding oligopoly. Understanding Oligopoly; One possibility when the two companies will engage into collusion, Sellers engage into collusion while t

Perfectly elastic supply, Perfectly Elastic Supply Supply is said to b...

Perfectly Elastic Supply Supply is said to be perfectly or infinitely elastic if the price is fixed at all levels of demand. The demand curve has been shown in the above diag

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages