Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

With a Short-Run cost curve of TC=800,000-5,000Q+100Q2

P=$20,000

What is the marginal revenue function?

What is the profit maximizing level and total profits?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91225357

Have any Question?


Related Questions in Microeconomics

Question the interest rate is 10 percent and you purchase

Question: The interest rate is 10 percent and you purchase the newly issued bond in equation 16.3 for $10,000. After you hold it for 16 years the market interest rate rises to 15 percent. Calculate the change in its pric ...

1price elasticity of demandathenbspprice elasticity of

1. Price elasticity of demand a. The  price elasticity of demand  measures: b. T  F Demand is   elastic  when the percent change in quantity demanded times  the percent change in price is  greater than 1 .   c. Extreme c ...

Question what is profit management how is it different from

Question: What is profit management? How is it different from cost or loss management? How does Mises' system of dividing components of business help direct profits to efficient units? How does this relate to decision ri ...

Question suppose that twenty-five years ago a country had

Question: Suppose that twenty-five years ago a country had nominal GDP of $1,800, a GDP deflator of 150, and a population of 100. Today it has nominal GDP of $2,800, a GDP deflator of 270, and population of 180. What hap ...

Question shopping for prices is a common form of

Question: Shopping for prices is a common form of information gathering. Researchers have found that for a given good the prices paid by middle-aged, upper-income, and large households average as much as 10 percent less ...

Question engineering economythe abc corporation has an

Question: Engineering Economy: The ABC Corporation has an investment opportunity that costs $125,000 and 7 years later pays a lump-sum amount of $215,000. What percent interest rate per year would be earned on this inves ...

Question using academic scholarly research find an article

Question: Using academic scholarly research, find an article that addresses an ethical dilemma from the past five years and annotate it thoroughly. What are the key points to the article? Summarize the dilemma. What are ...

Question recycling is a relatively inexpensive solution to

Question: Recycling is a relatively inexpensive solution to much of the environmental contamination from plastics, glass, and other waste materials. Is it a sound policy to make it mandatory for everybody to recycle? The ...

Question unions and productivity in some industries the

Question: Unions and productivity In some industries, the labor productivity of union workers exceeds the labor productivity of nonunion workers. Which of the following might help explain the higher productivity of union ...

Question 1 explain modern-sector enrichment and its effect

Question: 1) Explain modern-sector enrichment and its effect on inequality 2) Explain the traditional sector enrichment and its effect on inequality. 3) Explain the difference between the size distribution of income and ...

  • 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