Suppose the firms cost function is cq 4q2 16and marginal, Ask an Expert

Economics

Suppose the firm's cost function is C(q) = 4q^2 + 16

and marginal cost function is MC = 4 + 4 q.

Find Variable cost, fixed cost, average cost, average variable cost and average fixed costs

Show average cost, average variable cost and marginal cost in a graph

Find output that minimizes average cost

At what range of prices will the firm produce a positive output? (The Firm’s Supply)

At what range of prices will the firm produce negative profit (Short run loss minimize)?

At what range of prices will the firm product positive profit?

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91826674

Have any Question?Write your Review or question?

Related Questions in Business Economics

You are the manager of a firm that produces and markets a

You are the manager of a firm that produces and markets a generic type of soft drink in a competitive market. In addition to the large number of generic products in your market, you also compete against major brands such ...

Question1 indirect business taxes refer todepreciation

QUESTION1 (Indirect business taxes refer to) depreciation expenses. sales and local taxes paid by business. payments for low-skilled labor. dividend taxes paid by the corporation. QUESTION 2 (Labor productivity increases ...

Consider a banking model with delegated monitoring markets

Consider a banking model with delegated monitoring. Markets are perfectly competitive. There is a large number of borrowers who lack the funds and a large number of lenders who have the funds. Each lender has 10 goods to ...

Suppose a bond with no expiration date has a face value of

Suppose a bond with no expiration date has a face value of $10,000 and annually pays a fixed amount of interest of $900. a. In the table provided below, calculate and enter either the interest rate that the bond would yi ...

Suppose the restaurant industry is perfectly competitive

Suppose the restaurant industry is perfectly competitive and all producers have identical cost curves. The industry is currently at a long-run equilibrium, with each firm producing at its minimum long run average total c ...

What do you recommend that a company do to prevent andor

What do you recommend that a company do to prevent and/or solve subscriber uncollectable issues?

Questionuse the data in the table which lists drive-thru

Question: Use the data in the table, which lists? drive-thru order accuracy at popular fast food chains. Assume that orders are randomly selected from those included in the table. Restaurant A- Order accurate - 331 Orde ...

If two samples a and b had the same mean and sample size

If two samples A and B had the same mean and sample size, but sample A had a larger standard deviation, which sample would have the wider 95% confidence interval?

Couriers such as ups and fedex complete on service and

Couriers such as UPS and FedEx complete on service and price. One way to reduce cost is to keep labor cost low by hiring and laying off workers to meet the demand. This strategy requires managers to hire and train new wo ...

Think about a good or service for which you believe there

Think about a good or service for which you believe there has been a shift in demand or supply. Explain the reasons behind the shift and how that has influenced the equilibrium price.

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 Business Economics Expert