Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Round Things, Inc.'s production process exhibits economies of scale. Currently their long-run average cost is $1/unit. If Round Things doubles its use of all inputs, its new long-run average total cost will be?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M952792

Have any Question?


Related Questions in Microeconomics

Question write a short 2-3 page typed double-spaced essay

Question: Write a short (2-3 page, typed, double-spaced) essay. Conduct a thorough analysis of both the classical economic model and the Keynesian economic model. Describe the impact on the aggregate demand and supply cu ...

Question every week the federal reserve announces how

Question: Every week the Federal Reserve announces how quickly the money supply grew in the week ending ten days previously. (There is a ten-day delay because it takes that long to assemble data on bank deposits.) Econom ...

Question 1 draw a short run firm and industry competitive

Question: 1. Draw a short run firm and industry competitive equilibriums for a perfectly competitive gator farming industry before the number of alligators farms in Fl. doubled. For simplicity assume the gator farm is ea ...

Question the us economy did not have any increase in the

Question: The US economy did not have any increase in the core rate of inflation in 1999-2000 with the economy at full employment; instead, it had a stock market bubble. Many people subsequently held Alan Greenspan and t ...

Question in the keynesian cross model assume that the

Question: In the Keynesian cross model, assume that the consumption function is given by C = 120 + 0.8*(Y-T) Planned investment is 200; government purchases and taxes are both 400. a. Graph planned expenditure as a funct ...

Question describe a situation in which you were highly

Question: Describe a situation in which you were highly motivated to do well. What motivated you? Why? How did you perform? (select an example from work if you can otherwise use situation from school or a team you were o ...

Quesiton consider a non-dividend-paying stock whose current

Quesiton: Consider a non-dividend-paying stock whose current price S(0) = S is $50. After each period, there is a 40% chance that the stock price goes up by 25%. If the stock price does not go up, then it drops by 20%. A ...

Quesiton how can a company use licensing agreements to

Quesiton: How can a company use licensing agreements to enter world markets? What two fundamental product strategies do companies choose between when selling their products in the global marketplace? How can a company us ...

Question suppose you have 5000 in savings when the price

Question: Suppose you have $5,000 in savings when the price level index is at 100. (a) If inflation pushes the price level up by 10 percent, what will be the real value of your savings? (b) What is the real value of your ...

Question following the first energy shock in 1973 when oil

Question: Following the first energy shock in 1973, when oil prices rose $10/bbl, the rate of inflation averaged 8% for the next five years. Following the second energy shock in 1979, when oil prices rose more than $20/b ...

  • 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