Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

Bravo Pork Rinds Case

Suppose you’re the plant manager for Bravo Pork Rinds, which manufactures pork products in a market which approximates perfect competition. Due to the slow economy, business has been slow and you’re losing money every month. The owners have asked you whether to continue operations or to shut down at least till the economy enhances. You’ve the following information available:

Marginal Revenue (MR) = $105

Total Cost (TC) = $1,200 + 135Q – 0.6Q2

Marginal Cost (MC) = 135 – Q

As a plant manager, should you suggest to the owners that the plant be shut down for a while? Justify your answer by using at least two methods and presenting the information graphically.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M914050

Have any Question? 


Related Questions in Macroeconomics

If you are investing 10000 today at an interest rate of 298

If you are investing $10,000 today at an interest rate of 2.98% compounded annually for a period of 12 years, What uniform series of payments you should receive over next 12 years? $10,000 $1,000 $595.96 $2,200 $850 $2,5 ...

Why do we need microeconomicswhat makes perfect competitive

Why do we need microeconomics? What makes Perfect competitive firm efficient market? Explain the elasticity of demand and taxes. Explain increase demand and increase in quantity demanded. What makes pure monopoly an inef ...

The economy is operating below full employment y0 gt y the

The economy is operating below full employment (Y0 > y* )The government wants bring the economy back to full employment but in the process wants to change the composition of demand toward investment and away from consump ...

Discussnbspyour findings is it better to make strict acls

Discuss  your findings. Is it better to make strict ACLs and let users ask for exceptions, or to use few ACLs and only add them as they are discovered to be needed? What are arguments for both approaches? How different i ...

The government uses policies like student loans and free

The government uses policies like student loans and free trade to influence the economy's growth rate. Write a thoughtful and articulate paper that includes the following: Identify at least four policies from the textboo ...

To get you started concentrate on two distinct chapters in

To get you started concentrate on two distinct chapters in the Schiller textbook. See chapter 4 for an analysis of the problems of individual markets. See chapter 10 for an analysis of problems in the aggregation of mark ...

Above are the annual average no2nbspconcentrations at sites

Above are the annual average NO 2  concentrations at sites in downtown Boston and Los Angeles. What are the sources of NO 2  in the urban atmosphere? Why is there a decreasing trend of NO 2  concentrations in both graphs ...

Explain how a 4-period moving average time series can be

Explain how a 4-period moving average time series can be constructed manually. You can use a simple example of your choice.

Well your report received a luke-warm reception the ceo of

Well, your report received a luke-warm reception. The CEO of Stoll's Pasty Farms expressed concern about several things. Uncle Tolvo's pasty crop was unique as his plants and soil structure were "one of a kind" and no on ...

Assignment consider your last vehicle purchase and the

Assignment Consider your last vehicle purchase and the decision making process you engaged in while deciding what vehicle to purchase or if a new vehicle was the right decision. While analyzing your decision, keep in min ...

  • 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