Business, 07.05.2020 06:08 cassiuspricerules
You own a company that produces pens. The marginal product of the last unit of labor input is 25 and the marginal product of the last unit of capital input is 75. The market wage is $10, if your company is using the optimal combination of inputs, then the price of capital is Select one: a. $250 b. $30 c. $187.5 d. $750
Answers: 1
Business, 22.06.2019 02:30
Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do
Answers: 2
Business, 22.06.2019 06:30
If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?
Answers: 1
You own a company that produces pens. The marginal product of the last unit of labor input is 25 and...
Mathematics, 13.11.2020 20:40
Mathematics, 13.11.2020 20:40
History, 13.11.2020 20:40
Mathematics, 13.11.2020 20:40
Chemistry, 13.11.2020 20:40
Mathematics, 13.11.2020 20:40
Computers and Technology, 13.11.2020 20:40
Mathematics, 13.11.2020 20:40
Mathematics, 13.11.2020 20:40
Health, 13.11.2020 20:40
History, 13.11.2020 20:40