Problem1 the dean of a college faces the following costs, Ask an Expert

Economics

Problem

1. The dean of a college faces the following costs: graders, faculty, classroom space, and chalk. Of these costs, which are likely to be variable in the long run?

2. In the pet industry, would you expect the long run to be longer for a pet store or a veterinary clinic?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92757856

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question write a short essay of about 750 words each on the

Question: Write a short essay of about 750 words each on the following topics: What are the common defenses of protectionism? Evaluate them. Explain Coase Theorem and show how it works with examples. How does Mancur olso ...

Question if your receive 500 in simple interest on a loan

Question: If your receive $500 in simple interest on a loan that you made for $10,000 for 5 years, what was the interest rate you charged? The response must be typed, single spaced, must be in times new roman font (size ...

Question a local finance company will loan 8000 to a

Question: A local finance company will loan $8,000 to a home-owner. It is to be repaid in 24 monthly payment of $498 each. The first payment is due 30 days after the $8,000 is received. What interest rate per month are t ...

Question suppose a firm has the following expenditures per

Question: Suppose a firm has the following expenditures per day: $150 for wages and salaries, $50 for materials, $40 for equipment, and $30 for rent. The owner-manager does not draw a salary but could receive income of $ ...

Question consider the finite-horizon alternating-offers

Question: Consider the finite-horizon alternating-offers bargaining model in which the last period T is even. Find the (unique) SPE outcome and discuss its limiting properties. The response must be typed, single spaced, ...

Question please select three of the spirit values and

Question: Please select three of the S.P.I.R.I.T values and describe an event(s) from your professional, academic or work life that demonstrates you exhibiting the value. Conclude the essay by stating how your abilities ...

Question evaluate whether new nations depend of strong

Question: Evaluate whether new nations depend of strong governments to succeed. Take a position on whether strong governments are necessary to ensure stability and prosperity for new nations. Be sure to define what makes ...

Question a 2000-gallon metal tank to store hazardous

Question: A 2000-gallon metal tank to store hazardous materials was bought 15 years ago at cost of $100,000. What will a 5,000-gallon tank cost today if the power-sizing exponent is 0.57 and the construction cost index f ...

Question if you want to have 500000 in todays dollars in

Question: If you want to have $500,000 in today's dollars in account after 10 years, how much do you need to put into this account today assuming 3% annual inflation and a 4% nominal annual bank rate compounded monthly? ...

Task research and write a business report that addresses

Task: Research and Write a Business Report that Addresses the Question: ‘How Ethical are Major Internet Companies?' Methodology: Write a Business report with the following report headings and content: ‘Introduction' o Br ...

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

Recent Questions

Ask Microeconomics Expert