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hey are currently producing 2000 shirts per month with average total cost of $8.00, average fixed cost of $2.00, and marginal cost of $10.00. Calculate the following: average variable cost.
Which of the following countries would you expect to have intertemporal production possibilities biased toward current consumption goods, and which biased toward future consumption goods?
Explain the types of incentives for providers for efficiency in the delivery of healthcare services. Explain who bears the financial risk: the provider, the patient, or the consumer-driven health plan
DVacation and MRVacationare the demand and marginal revenue for vacation travelers. What price should the Hilton charge VACATION travelers?
The monthly demand for lockers is estimated to be Q = 100 - 2P, where P is the monthly rental price and Q is the number of lockers rented per month. How many lockers would you expect to rent.
Assume that the demand for luxury cars is price elastic. Based on this assumption, explain why each of the following statements is true or false.
Could price elasticity be some-what overestimated from these figures? That is, could other things have changed, accounting for some of the decline in attendance?
Which of the following explains the changes in the U.S. adult male labor force participation rate over the period 1948-2006?
Would this employee be better or worse off if, instead of the health insurance, the employer gave her a $100 per week raise that was taxable at a rate of 25 percent? Explain.
Which of the following statements BEST describes customer equity? Customer equity is simply the financial result achieved by a single marketing strategy.
Which of the following statements concerning the marketing management process is TRUE? The marketing management process includes the on-going job of planning marketing activities.
If cheese pizzas are inferior goods, would the average 15- year- old be indifferent between receiving a $ 30 gift certificate at a local music store and $ 30 in cash? Explain.
Apex's corporate tax is 40%,tax rate interest income is 40%, and the tax rate on equity income is 20%. compute the value of the expansion using the APV method.
Where TC0 is the marketing division's total cost (in thousands of dollars). The productions division's total cost function is. What is the optimal output for the production division?
How many units of output should she tell managers to sell in the second market? What price should managers charge in each market?
If the Wilson Company spends $200,000 on advertising, what is the marginal revenue from an extra dollar of advertising? Is $200,000 the optimal amount for the firm to spend on advertising?
In 2008, the box industry was perfectly competitive. The lowest point on the long-run average cost curve of each of the identical box producers was $4. What was the equilibrium price of a box? Is th
Derive the average cost of producing 100,000, 200,000, 300,000 and 400,000 devices per year with Plant A. Derive the average cost of producing 100,000, 200,000, 300,000 and 400,000 devices per year wi
The firm has a marginal income-tax rate of 40%. The firms cost of capital is 12%. Compute the internal rate of treturn and the net present value. Should the firm accept or reject the project?
At which time you will be able to sell it for $5,000. If interest rates are 10%, what is the maximum amount you should pay for this machine?
Sets one price for chicken (regardless of who buys) and one price for biscuits (regardless of who buys), what would those prices be?
What Suppose that you buy a bond for $100 that pays 4 percent interest per year. How much money will you have earned when the bonds reaches maturity in five years?
Explain how the production possibility curve can be used to analyse the fundamental economic challenges of scarcity, choice and opportunity cost.
Money GDP are associated with changes in interest rates. Theoretically, how could changes in the money supply be used to keep interest rates at the same level?
Discuss the returns to scale, marginal product of inputs, and technical rate of substitution. (hint: show that whether they are increasing, constant, or decreasing)