Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Consider a firm with the total cost function TC = 0.00025Q3- 0.10Q2+ 20Q + 4000

(a) What is the firm's average cost of producing 500 units?

(b) What is the firm's marginal cost of producing 500th unit?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91545890
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Microeconomics

Assignment demonstrate an understanding of the relevance of

Assignment: Demonstrate an understanding of the relevance of economic concepts within the healthcare sector. Cost and affordability are important factors in the successful delivery of healthcare to the people of this cou ...

Assignment 1 discussion-cultural differences and ethical

Assignment 1: Discussion-Cultural Differences and Ethical Standards Your Module 3 readings explained that understanding cultural differences are critical to success in international business. A country's culture reflects ...

Question visit the competitive advantages page of the

Question: Visit the "Competitive Advantages" page of the Robert K. Greenleaf Center for Servant Leadership website and review the articles indicating ways that servant leadership helps organizations gain competitive adva ...

Question an engineer is thinking of starting a part-time

Question: An engineer is thinking of starting a part-time consulting business next September 5,on his 40 birthday. He expects the business will require an initial cash outlay of $5000, to come from is savings, and will c ...

Question - a foundation was endowed with 15000000 in july

Question - A foundation was endowed with $15,000,000 in July 2010. In July 2014, $5,000,000 was expended for facilities, and it was decided to provide $250,000 at the end of each year forever to cover operating expenses. ...

Question barney has a snow removal business the price he

Question: Barney has a snow removal business. The price he charges for snow removal is $10 for each driveway. He clears 20 driveways during the week. His average cost is $12.50, his average variable cost is $6.25, and hi ...

Quesiton imagine that you are considering an mba program

Quesiton: Imagine that you are considering an MBA program once you complete your health care management degree. Describe each step of the consumer decision-making process specifically from this perspective. (Your overall ...

What would be 3 effects associated with changes in

What would be 3 effects associated with changes in productivity, good and bad? Can the government affect productivity, if so in what ways good and what ways not so good?

Question based on your readings how could you have learned

Question: Based on your readings, how could you have learned material better, how could you apply this information? Give an example of how you did or could have applied this information. 250 word initial response. The re ...

Question what is the maximum amount you would pay for an

Question: What is the maximum amount you would pay for an asset that generates an income of $10,000 at the end of each of the three years of the opportunity cost of using funds is 3.5 percent? The response must be typed, ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As