Economics
58545 questions • Page 268 / 1171
A financial analyst has reported the following information about Shangui Corpora
A financial analyst has reported the following information about Shangui Corporation’s cost and production structure: Year Total Cost (TC) ($10,000) Quantity Produced (Q) (…
A firm can choose the optimal usage of input to maximize the profit by employing
A firm can choose the optimal usage of input to maximize the profit by employing the amount of input where the input price equals the marginal revenue product (MRP). the input pri…
A firm can manufacture a product according to the production function: Q = F(K,L
A firm can manufacture a product according to the production function: Q = F(K,L) = K3/4L1/4. a. Calculate the average product of labor, APL, when the level of capital is fixed at…
A firm can produce any quantity of good X with the following cost structure: TC
A firm can produce any quantity of good X with the following cost structure: TC = 450,000 + 20Q, where Q measures units of output. A. What happens to the firm's average cost of pr…
A firm can produce any quantity of good X with the following cost structure: TC
A firm can produce any quantity of good X with the following cost structure: TC = 450,000 + 20Q, where Q measures units of output. What happens to the firm's average total cost of…
A firm can use three different production technologies, with capital and labor r
A firm can use three different production technologies, with capital and labor requirements at each level of output as follows: a. Suppose the firm is operating in high-wage count…
A firm can use two different production technologies, with capital and labor req
A firm can use two different production technologies, with capital and labor requirements at each level of output as follows: Technology 1 Tech…
A firm charged with monopolizing a market is less likelyto be convicted if; a. t
A firm charged with monopolizing a market is less likelyto be convicted if; a. the court accepts a broad definition of the market b. the accepts a narrow definition of the market …
A firm chooses between two production technologies for a new product line. Techn
A firm chooses between two production technologies for a new product line. Technology 1 has total costs of production: C1 (q) = 45 + 20q + 2q^2. Technology 2 has total costs of pr…
A firm currently uses 100 workers to produce 200 units of output per day. The da
A firm currently uses 100 workers to produce 200 units of output per day. The daily wage (per worker) is $80, and the price of the firm's output is $50. The cost of other variable…
A firm desires to determine the most economic equipment-overhauling schedule alt
A firm desires to determine the most economic equipment-overhauling schedule alternative to provide for service for the next nine years of operation. The firm’s real MARR is 8% …
A firm discharges phosphorus into the Altamaha River. The total abatement cost i
A firm discharges phosphorus into the Altamaha River. The total abatement cost is: TAC -2A+0.1A2. A is the units of standard at 50 units. Firms do have the flexibility of either a…
A firm estimates its cubic production function of the following form: Q = AL3 +
A firm estimates its cubic production function of the following form: Q = AL3 + BL2 and obtains the following results: DEPENDENT VARIABLE: Q R?SQUARE F?RATIO P?VALUE ON F OBSERVAT…
A firm estimates its cubic production function of the following form: Q=AL +BL a
A firm estimates its cubic production function of the following form: Q=AL +BL and obtains the following results: 32 ??? ? ? DEPENDENT VARIABLE: Q OBSERVATIONS: 32 VARIABLE L3 L2 …
A firm estimates its cubic production function of the following form: Q=AL +BL a
A firm estimates its cubic production function of the following form: Q=AL +BL and obtains the following results: 32 ??? ? ? DEPENDENT VARIABLE: Q OBSERVATIONS: 32 VARIABLE L3 L2 …
A firm expects to install smog control equipment on the exhaust of a gasoline en
A firm expects to install smog control equipment on the exhaust of a gasoline engine. The local smog control district has agreed to pay to the firm a lump sum of money to provide …
A firm faces a demand and cost structure as given in table above: 1. Graph the d
A firm faces a demand and cost structure as given in table above: 1. Graph the demand, the marginal revenue, and the marginal cost curves 2.Determine the profit maximization outpu…
A firm faces a perfectly elastic demand for its output at a price of $6 per unit
A firm faces a perfectly elastic demand for its output at a price of $6 per unit of output and each hour of labor produces five units of output. For L number of workers hired each…
A firm faces the demand curve, P = 80 - 3Q, and has the cost equation C = 200 +
A firm faces the demand curve, P = 80 - 3Q, and has the cost equation C = 200 + 20Q. a. find the optimal quantity and the price for the firm. b. Now suppose that demand changes to…
A firm faces the demand curve, P = 80 - 3Q, and has the cost equation C = 200 +
A firm faces the demand curve, P = 80 - 3Q, and has the cost equation C = 200 + 20Q. a. find the optimal quantity and the price for the firm. b. Now suppose that demand changes to…
A firm faces the following costs: total cost of capital = $2,500; price paid for
A firm faces the following costs: total cost of capital = $2,500; price paid for labor = $14 per labor unit; and price paid for raw materials = $5 per raw-material unit. Instructi…
A firm finds that at an output level of 7 units, its total cost is $1834; at 8 u
A firm finds that at an output level of 7 units, its total cost is $1834; at 8 units of output, its cost is $2048. a. measuring eocnomies of scale calculate the value of S for thi…
A firm haj the following marginal revenue and total cost function; MR - 140 - 2
A firm haj the following marginal revenue and total cost function; MR - 140 - 2 (output) TC = 50 + 10 (output) + 1/2 (output)1 Determine the revenue maximiration output and price.…
A firm has a fixed cost of $200 in its first year of operation. When the firm pr
A firm has a fixed cost of $200 in its first year of operation. When the firm produces 99 units of output, its total costs are $4,000. The marginal cost of producing the 100th uni…
A firm has a production function of Q=4K^2L^2 (4K squared multiplied by L square
A firm has a production function of Q=4K^2L^2 (4K squared multiplied by L squared). Wage rates (W)=$12/hour and Rental Rate (R)=$20/hour. 1a.) In the short run K=5. What is the to…
A firm has a production function represented by: q=L^(.75)K^(.25) Find a functio
A firm has a production function represented by: q=L^(.75)K^(.25) Find a function for how much capital and labor a firm should hire to produce a given level of production in terms…
A firm has affiliates in both Japan and Ireland. The corporate tax rate is 40% (
A firm has affiliates in both Japan and Ireland. The corporate tax rate is 40% (of profits) in Japan and 15% (of profits) in Ireland. The Irish affiliate produces a special compon…
A firm has decided through regression analysis that its sales (S) are a function
A firm has decided through regression analysis that its sales (S) are a function of the amount of advertising (measured in units) in two different media, television (x) and magazi…
A firm has estimated that the demand for its product comes from two types of cus
A firm has estimated that the demand for its product comes from two types of customers, type I and type II. Each type I customer (there are 45 of them) has a demand curve given by…
A firm has estimated the following demand function for its product: Q = 100 - 5
A firm has estimated the following demand function for its product: Q = 100 - 5 P + 5 I + 15 A Where Q is quantity demanded per month in thousands, P is product price, I is an ind…
A firm has leased plant and equipment to produce video games, which can be sold
A firm has leased plant and equipment to produce video games, which can be sold in unlimited quantities at $13 each. The following figure describes the associated costs of product…
A firm has production function f (x1, x2, x3, x4) = min{x1, x2} + min{x3, x4}. T
A firm has production function f (x1, x2, x3, x4) = min{x1, x2} + min{x3, x4}. This firm faces competitive factor markets where the prices for the four factors arew1 = $7, w2 = $8…
A firm has production function f(K; L) = squarerootKL. In the short run, the rm
A firm has production function f(K; L) = squarerootKL. In the short run, the rm has capital K = 400; this cannot be changed in the near future. The cost of a unit of capital is $2…
A firm has the choice of the following investments investment A: costs $5000 tod
A firm has the choice of the following investments investment A: costs $5000 today, pays a total of $4000 next year and $1700 the second year. No value beyond that. Investment B: …
A firm has the demand and total cost schedules given in the followin table. If i
A firm has the demand and total cost schedules given in the followin table. If it wants to maximize profits, how much output should it produce? Quantity Price Total C…
A firm has the following production function f(K, L)= K 1/3 L 2/3 . Where K is c
A firm has the following production function f(K, L)= K1/3L2/3. Where K is capital and L is labor. It will produce 80 units of output and faces prices for labor and capital as fol…
A firm has the following relationship between the number of employees it has (E)
A firm has the following relationship between the number of employees it has (E) and its daily output: Employees (E) output APE MPL VMPE 0 0 1 50 2 60 3 68 4 74 5 78 6 80 In th…
A firm has the following short-run production function (where L = Labor and Q =
A firm has the following short-run production function (where L = Labor and Q = Output): Q = 10L – 0.5L2 Suppose that the output can be sold for $10 per unit. Further assume that …
A firm has the following short-run production function: Q = 50L + 6L^2 – 0.5L^3
A firm has the following short-run production function: Q = 50L + 6L^2 – 0.5L^3 Where Q = Quantity of output per week L = Labor (number of …
A firm has the following short-run production function: Q = 50L + 6L^2 – 0.5L^3
A firm has the following short-run production function: Q = 50L + 6L^2 – 0.5L^3 Where Q = Quantity of output per week L = Labor (number of workers) ^ exponential power. L^2 implie…
A firm has three different production facilities, all of which produce the same
A firm has three different production facilities, all of which produce the same product. While reviewing the firm’s cost data, Jasmin, a manager, discovers that one of the plants …
A firm has three independent projects under consideration each with a required r
A firm has three independent projects under consideration each with a required rate of return of 10%/ The total projects budget is only $2,000. Project X has an initial investment…
A firm has tracked the quantity demanded of its output during four time periods.
A firm has tracked the quantity demanded of its output during four time periods. Product price, consumer income, and advertising expenditures also were recorded for each time peri…
A firm has two alternatives for improvement of its existing production line. The
A firm has two alternatives for improvement of its existing production line. The data are as follows. Determine the best alternative using an interest rate of 15% (cheapest altern…
A firm has two plants, one in theUnited States and one in Mexico, and it cannot
A firm has two plants, one in theUnited States and one in Mexico, and it cannot change the size ofthe plants or the amount of capital equipment. The wage inMexico is $5. The wage …
A firm has two plants, one in theUnited States and one in Mexico, and it cannot
A firm has two plants, one in theUnited States and one in Mexico, and it cannot change the size ofthe plants or the amount of capital equipment. The wage inMexico is $5. The wage …
A firm has two production plants where they produce the same product. The cost f
A firm has two production plants where they produce the same product. The cost function at plant #1 is (C_{1}(Q_{1})=10Q_{1}+.5Q_{1}) The cost function at plant #2 is …
A firm hires the number of capital and labor according to its productivity . The
A firm hires the number of capital and labor according to its productivity . The firm need a combination of one unit of capital and two units of labor per hour to make ten units o…
A firm hires two kinds of workers, alphas and betas. One can’t tell a beta from
A firm hires two kinds of workers, alphas and betas. One can’t tell a beta from an alpha by looking at her, but an alpha will produce $3000 worth of output per month and a beta wi…
A firm hires two risk-neutral workers to assemble bicycles and pays $24 for each
A firm hires two risk-neutral workers to assemble bicycles and pays $24 for each assembly. Charlie’s total cost of allocating effort to the production process is C = 2N^2, where N…
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