A firm has a cost function given by c(y) = 10y 2 + 1000. What is its
Question:
A firm has a cost function given by c(y) = 10y2 + 1000. What is its supply curve?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (19 reviews)
The inverse ...View the full answer
Answered By
Muhammad Ahtsham Shabbir
I am a professional freelance writer with more than 7 years’ experience in academic writing. I have a Bachelor`s Degree in Commerce and Master's Degree in Computer Science. I can provide my services in various subjects.
I have professional excellent skills in Microsoft ® Office packages such as Microsoft ® Word, Microsoft ® Excel, and Microsoft ® PowerPoint. Moreover, I have excellent research skills and outstanding analytical and critical thinking skills; a combination that I apply in every paper I handle.
I am conversant with the various citation styles, among them; APA, MLA, Chicago, Havard, and AMA. I also strive to deliver the best to my clients and in a timely manner.My work is always 100% original. I honestly understand the concern of plagiarism and its consequences. As such, I ensure that I check the assignment for any plagiarism before submission.
4.80+
392+ Reviews
587+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
A monopolist has a cost function given by c(y) = y2 and faces a demand curve given by P(y) = 120 y. (a) What is its profit-maximizing level of output? 30. What price will the monopolist charge?...
-
rn Assume that a firm has a cost function with discrete values as given in the following table: 1 2 5 6 7 8 10 12 15 20 20 40 Q Q AC MC 1 (i.) Determine the marginal and average costs for all...
-
A firm has the cost curve C(q) = 25 + q 2. Show how the firm's average cost varies with output. Is there a minimum average cost and, if so, at what level of output is average cost minimized?
-
Big bang Pty (Ltd) is a company which is involved in sale of manufacturing goods. The company had the following income and expenses for the year of assessment: R15 000 for the collection of debts...
-
Upon inspecting the books and records for Wernli Company for the year ended December 31, 2013, you find the following data: (a) A receivable of $640 from Hatch Realty is determined to be...
-
By what means is heat transferred by convection?
-
Name three industry sectors where prescriptive analytics are being used to add value.
-
Powell Company owns 80% of the outstanding common stock of Sullivan Company. On June 30, 2011, Sullivan Company sold equipment to Powell Company for $500,000. The equipment cost Sullivan Company...
-
Now that you've completed your Westlaw Fundamentals Certification, you will learn about another type of legal research tool that is often used by small firms that either don't want to pay or don't...
-
Match the following and select the correct option. Height of Binary search tree(in worst o([log ]-1) 1 a (2n+1) case) Height of Ternary tree b O(n) Height of B-tree(when c minimum degree, -2) (log,...
-
A competitive firm has a production function of the form Y = 2L + 5K. If w = $2 and r = $3, what will be the minimum cost of producing 10 units of output?
-
When prices are (p 1 , p 2 ) = (2, 1) a consumer demands (x 1 , x 2 ) = (1, 2), and when prices are (q 1 , q 2 ) = (1, 2) the consumer demands (y 1 , y 2 ) = (2,1). Is this behavior consistent with...
-
Write 3 x 5 using rational exponents. Evaluate the expression for x = 8.
-
Pre-size and calculate the forces as well as their location to check slip stability and reinforcement. From a reinforced concrete abutment of 8.00 m. height for resistance state 1(n=1.05) with fixed...
-
The food we eat is broken down, or metabolized, in stages by a group of complex biological molecules called enzymes. Most of the energy released at each stage is captured for function and growth. One...
-
The GIFT Debating Society is planning to arrange a national debating competition at campus. They are considering inviting people from all over Pakistan for this competition. Many people had applied...
-
Working Conditions Ratings Dallas Plant San Antonio 3 4 6 4 3 4 5 3 4 5 3 5 4 3 4 4 4 4 3 4 5 5 4 5 3 4 6 4 2 3 1 3 4 4 5 4 3 4 6 4 4 5 4 5 3 3 4 4 4 6 4 4 3 6 3 4 4 5 4 4 3 5 1 4 2 4 3 2 3 1 4 3 2 4...
-
1. The three graphics on the previous page all represent the same data. Regarding the types of representation used (money, volume, and a bar chart); do you personally prefer one more than the other?...
-
What is competitive bench marking, and how can it be used?
-
9.Consider the reaction 3NO2(g)+H2O=2HNO3(aq)+NO(g) where Delta H=-137 kJ.How many kilojoules are released when 92.3g of NO2 reacts?
-
This problem (and the two that follow) concerns collusion among bidders in sealed-bid auctions. Many writers have found evidence that collusive bidding occurs. The common name for a group that...
-
Arnie, Barney, and Carny happily practiced the strategy of always bid low for several weeks, until one day Arnie had another idea. Arnie proposed to the others: When we all bid $L, it sometimes...
-
After the passage of several weeks during which Repo never got more than one high bid for a car, the Repo folks guessed that something was amiss. Some members of the board of directors proposed...
-
Windsor, Inc. began operations on January 1, 2022. The following information is available for Windsor, Inc. on December 31, 2022. Accounts payable $4,600 Notes payable $6,440 Accounts receivable...
-
1. 2. The lessee makes a lease payment of $67,200 to the lessor for equipment in an operating lease transaction. Pharoah Company leases equipment from Noble Construction Inc. The present value of the...
-
What would happen if we breach the conditions of the social licence to operate in Australia. Does this mean to compliance risk? What could be happened when there is a revocation of the organisation's...
Study smarter with the SolutionInn App