Question: I need help with question 5. How do I solve it? 4) In the short-run, marginal cost is increasing when a. Mpl is decreasing b.

I need help with question 5. How do I solve it?

4) In the short-run, marginal cost is increasing when a. Mpl is decreasing b. Apl is decreasing c. Apl is increasing d. Mpl is increasing 5) suppose a firm has the following total cost function: Tc= 50+2q^2. What is the minimum price necessary for the firm to earn profit ? a. p= $35 b. p=$20 C. p=$30 d. p=$40 6) suppose the total cost of producing t-shirts can be represented as Tc= 50+2q. The marginal cost of the 5th t-shirts is a. 2

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Suppose that a learning algorithm is trying to find a consistent hypothesis when the classifications of examples are actually random. There are u Boolean attributes, and examples are drawn uniformly...

Please do all questions step by step and Do not use ChatGPT or AI tools and Do not use chegg answers also Thumbs up given when you solved all questions 1. Imagine a firm has the following short-run...

Work out the following.,,, function? (ii) What are firm's down production point for this firm? [ill ) Derive the formula for its MC. (iv) What is the short-run shut b. In the long run a firm produces...

I have problems 1, 2b and 3a done, but I really need help with understanding the long-run graphs of the industry(sometimes also called market) supply and demand curve and the long-run cost curves....

Buinesss The statistics from tradingeconomics.com (based on Statistics Canada numbers) below show the change in Canada's real GDP (first graph) and inflation rate (second graph). The yellowish bars...

Please answer each question with the correct answers (answers marked in images are incorrect) then provide explanations for the correct answers. Thank You! e that is best in each case and then fill...

Help me please.,,, 1. Consider a three period small open endowment economy populated by a large number of households with preferences given by the lifetime utility function 11101 +11102 +1DC3 where...

I need help with question #5. Managerial Accounting Homework 2 Group Assignment, Due on March-04 H. Xue Case \"Wilkerson Company\" The case is available for purchase at the NYUBookstore as a digital...

Section A. . Answer the following questions. (30 marks) The local council of a city plans to reduce pollution by imposing a tax on gasoline. To avoid any backlash from voters, they decide to impose...

Q1: (10 points) Let Q(L) = 6L2 - (L3)/6 with costs = 300 + 100L. a) Complete the table on the next page. You can do this in excel or by hand. b) Why is L = 25 or larger not something we should...

Jane Sanders is covered by an employer-sponsored group PPO plan that includes in-network benefits of $250.00 deductible, $35.00 office visit copay, 90/10 and out-of-network benefits of $500.00...

Valentine's Peanuts is a company that makes and sells peanut snacks. Data costs and prices per pack of nuts are: Selling price Variable Cost Raw materials Salary Costs Factory Overhead Costs Cost of...

MBA Capstone Exam Business Integration and Strategic Management - Mission and Vision Which one of the following is not an integral part of the managerial process of crafting and executing strategy? A...

Polluter Corp. (the Company), an SEC registrant, operates three manufacturing facilities in the United States. The Company manufactures various household cleaning products at each facility, which are...

Your company sells a product for which the annual demand is 10,000 units. Holding costs are $1.00 per unit per year, and setup costs are $200.00 per order. a. What is the economic order quantity for...

Stephanie visits the Leura Miniature Railway Park, which is run by an association of amateur railway enthusiasts. She enters into three different contracts at the park: paying $10 to park her car in...

Calculate federal and state income tax withholding for a number of employees of TCLH Industries, a manufacturer of cleaning products. Use the wage-bracket method when it is possible to do so, and use...

Solve the following linear programming problem. Restrict x 20 and y 0. Minimize g = 40x + 60y subject to the following. 11x +15y 2 225 3y 2 27 (x, y) =

2 1 . 1 LAB: Remove gray from RGB Summary: Given integer values for red, green, and blue, subtract the gray from each value. Computers represent color by combining the sub - colors red, green, and...

4. In the next communication situation you are in, already think through three different communication strategies, which will make you achieve greater flexibility. Then practice on these as soon as...

2. Now imagine a real situation in your workplace or home situation where someone gives you feedback. a. Did you perceive the feedback as a hidden criticism? b. Did you perceive the feedback as a...

2. In this chapter, the reader should reflect on the following concepts: feedback and flexibility as a basis for change, intention and communication as a basis for change and behavioural patterns as...