Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

Assume that the manager of the firm operating in a perfectly competitive market has estimated the average variable cost function to be:

AVC = 4.0 – 0.0024Q + 0.000006Q2

Fixed costs are $500.

The marginal cost function is:

i) MC = 4.0 – 0.0048Q + 0.000018Q2

ii) MC = 4.0 – 0.0012Q + 0.000002Q2

iii) MC = 4.0Q – 0.0024Q2 + 0.000012Q3

iv) MC = 4.0 – 0.0048Q + 0.000012Q2

v) None of the above

Additional Requirements:

Min Pages: 1

Level of Detail: Show all work

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M914034

Have any Question? 


Related Questions in Macroeconomics

Studies have shown that even in cases of clear negligence

Studies have shown that even in cases of clear negligence, patients are less likely to sue doctors who they like, that is, doctors who treat them kindly and are apologetic when things go wrong. 1) First, imagine a world ...

Macroeconomic assignmentsubmit answers to all the following

Macroeconomic Assignment Submit answers to all the following questions. Be sure to explain your reasoning clearly and fully and use diagrams where appropriate. The questions are applied and analytical. They can only be a ...

The congressional budget office estimates that the us

The Congressional Budget Office estimates that the U.S. budget deficit for 2016 will be $587 billion.  The US debt is approximately $19.9 trillion. The estimated GDP for 2016 is about $18.7 trillion, and net interest pay ...

Under what elasticity conditions would the following be

Under what elasticity conditions would the following be true? "Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage."

For the term paper you are required to pick a current

For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course. You will research and find an article that covers the topic you have chosen ...

Share experiences positive and negative you have had in

Share experiences, positive and negative, you have had in using graphics, digital media, and multimedia or in being recorded by these technologies. Do you think hypermedia documents (or interactive multimedia in general) ...

A describe five 5 ecosystem goods and services of the

a.) Describe five (5) ecosystem goods and services of the Neponset River Watershed. b.) Assign dollar ($) values to these 5 ecosystem goods and services of the Neponset River Watershed. Please be clear about how you asse ...

Using the internet research wireless lan applications

Using the Internet, research wireless LAN applications. Compile a list of at least five applications that you had not imagined before for WLANs, and write a one-paragraph description below each one. The paragraph should ...

Jamal now age 54 lost his job as a ship builder in 1995 his

Jamal (now age 54) lost his job as a ship builder in 1995. His plant never reopened, and he has very specialized skills that are no longer in demand. Jamal's unemployment is best classified as: a. cyclical b. structural ...

Assignmentresearch the conflict minerals provision in the

Assignment Research the "Conflict Minerals" provision in the Dodd Frank Financial Reform Act and draft a 1-2 page paper about the reasons for this provisions and the practical effect rulemaking will have upon supply chai ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen