Determine average variable cost in curve

As din demonstrated curve J in below is this Christmas tree: (w) industry’s supply curve. (x) firm’s demand curve. (y) firm’s average variable cost curve. (z) firm’s short-run supply curve.

579_supply and demand1.png

Hey friends please give your opinion for the problem of Economics that is given above.

View Complete Question

Related Questions in Microeconomics

Q : Occurrence of increase in supply in

In short run, the increase in supply takes place whenever the: (1) Supply curve shifts upward and to left. (2) Preferences of consumers change in a positive direction. (3) Market price raise. (4) Amounts producers make accessible rise at each and every price. (5) Publ

Q : Opportunity Costs to Society of Funding

The clearest signals of the opportunity costs to society of funding one investment in place of another are relative: (w) interest rates, expected rates of return, and also expected economic profit. (x) production costs for various goo

Q : Market conditions operate by monopolies

Hey friends I need your help for illustrates that this is NOT true by monopolies: (1) are generally more profitable in the long run when there are barriers to entry. (2) sometimes incur losses. (3) may try to increase demand by marketing. (4) shut down while faced by

Q : Effect of average expected lifespan on

When new medical technology raised the average expected lifespan through 10 years and people responded along with increases in their desires to have hefty “nest eggs” while they retire, it would be least probable to result into: (1) an inc

Q : Break even income by marginal tax rate

A marginal tax rate of 30 percent and income floor of $6,000 yields a break even income of: (w) $20,000 (x) $1,800 (y) $4,200 (z) $7,800 Hey friends please give your opinion for the problem of

Q : Competitive industry widespread

When a competitive industry experiences widespread economic profits into the short run, in that case in the long run: (w) new firms will enter and prices will fall. (x) entry barriers will be erected. (y) resource costs must fall. (z) dominant firms b

Q : Average Variable Cost-Average Total

Describe the relationship among Average Variable Cost (AVC) Average, Total Cost (ATC) and marginal Cost (MC)? Answer: A) If MC

Q : Monopoly Profits by Capitalization

People who seek monopoly profits by buying the assets of successful monopolists will probably: (w) receive only normal returns onto the investment. (x) realize capitalized profits (y) attain monopoly economic profits. (z) thwart competition by innovating procedures of

Q : Maximum possible total revenue from

Maximum possible total revenue by sales of the extremely popular St. Valentine’s Day software is about: (i) $65 million. (ii) $45 million. (iii) $85 million. (iv) $105 million. (v) $200 million.

Q : Determine produce economic profit When

When point e corresponds to $9,000 per RoboMaid, Robomatic can produce economic profit all month of at most around: (1) $25 million. (2) $40 million. (3) $55 million. (4) $70 million. (5) $85 million.

Discover Q & A

Leading Solution Library

Avail More Than 1452958 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1942889
Asked

3,689

Active Tutors

1452958

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment