Business, 20.01.2020 18:31 jollyjinkings
Consider a competitive firm with a marginal cost given byc′(q) =10 + 20q, an average variable cost given bycv(q)/q= 10 + 10qandfixed costs off= $1000.(a) what is the firm’s total cost function? (b) if the market price for the firm’s good is $150, what is the firm’sprofit-maximizing output? (c) how would a 21 percent tax rate on profits affect this optimizingchoice of production? (d) if no taxes are imposed, is the firm making an economic profit? if not, should it remain in operation? briefly e
Answers: 3
Business, 22.06.2019 08:30
Which actions can you improve your credit score? (multiple can be selected)having a good credit score should be your prime objective as credit companies analyze your creditworthiness before giving you a loan. there are certain guidelines you can follow to ensure you have a good credit score. always pay your mortgage interest on time. if you are a student, make student loan inquiries before taking any loan. if you have multiple credit cards, manage them judiciously. maintain a healthy balance in your bank account.1. always pay your mortgage interest on time.2. if you are a student, make student loan inquiries before taking any loan.3. if you have multiple credit cards, manage them judiciously.4. maintain a healthy balance in your bank account.
Answers: 1
Business, 22.06.2019 18:00
Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.
Answers: 2
Business, 22.06.2019 18:30
You should typically prepare at least questions for the people who will host you during a job shadow. a. 3 b. 4 c. 5 d. 2
Answers: 1
Business, 22.06.2019 20:30
(30 total points) suppose a firm’s production function is given by q = l1/2*k1/2. the marginal product of labor and the marginal product of capital are given by: mpl = 1/ 2 1/ 2 2l k , and mpk = 1/ 2 1/ 2 2k l . a) (12 points) if the price of labor is w = 48, and the price of capital is r = 12, how much labor and capital should the firm hire in order to minimize the cost of production if the firm wants to produce output q = 18?
Answers: 1
Consider a competitive firm with a marginal cost given byc′(q) =10 + 20q, an average variable cost g...
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