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Hi! Need help with these questions! With explaining please Ginger Beer making Q8-12 I can charge...
Hello! I need help with parts a-e please :) 2. Based on the following information on the hourly costs for April Showers, a perfectly competitive firm that produces umbrellas. Umbrellas sell for $10. Fill out the table below. Output Total Cost TR Profit MR MC ATC (per hour)__($ per hour) _______________________________________________ 0 10 0 -10 - - - 1 12 10 2 10 2 12 2 16 20 4 10 2 8 ...
Please answer all multiple choices . i would be very thankful 14) Which company is most likely to be less efficiently managed? a) U.S. Postal Service b) UPS c) FedEx d) AppleS IC AC AVC 30 20 4 10 20 30A 40 50 60 70 80 67 OUTPUT 34 79 The following questions 14 to 16 are based on the above graph 15) The profit-maximizing output is: a) 30 b) 54. c) 60 d) 67 e) 79 16) At the...
Hi! I believe I have solved most of the problem, but I need guidance when it comes to formating the information into an excel sheet in the 3rd request. Below, I gave the situation for this problem, as well as the request that this fictional company has. The Situation... As a new hire for GMC, you have been assigned to assist a new client -Smith Shirts-a start-up business which manufactures and sells various styles of shirts. We rent production equipment...
I need help how can I answers A, B , C , D 8.9 、bottled water distributor wants to estimate the amount of rwater contained in 1-gallon bottles purchased from a nationally known water bottling company. The water bottling company's specifications state that the standard deviation of the amount oft water is equal to o0.02 gallon. A random sample of 50 bottles is selected, and the sample mean amount of water per I-gallon bottle is 0.995 gallon. a. Construct a...
I need to make a table for part a. Thanks. I need help making a table in part a that is a linear table. Example is like this: DI, C,S Tnble Homework 3B-problem questions Answer all parts to question 1, 2, and 3, Assume transfer payments are zero C-5000+02b TO G-5000 I-1000 X-1000 IM-2000 Taxes-500 a. How much is MPS (1) mps 1-npe-mpc o.a mps1-0.a-0- b. Calculate current equilibrium GDP (5) A-E CtG+I+ Ax AE Scoo to. a DI+ Seoo...
i need help with question 10 and 11 and then the rest of question 5 Figure 4: Total Cost, Total Revenues $2507 2004 Total revenue Total cost 150 100 50 2 4 6 8 10 12 14 16 18 20 Q 10) Plot Total Revenue and Total Cost on Figure 4 above. What does the vertical distance between TR and TC represent? At which quantity is this distance the biggest? 11) Marginal Cost (MC) is the slope of the Total...
i need help thank you 1. A shopping mall estimates the probability distribution of the number of stores mall customers actually enter, as shown in the table x 0 1 2 3 4 5 6 7 8 P(x) 0.05 0.07 0.12 0.15 0.2 0.13 0.11 0.1 0.07 a. Find the mean and standard deviation of the number of stores entered. (10%) b. Refer to Question a Suppose that, on average, customers spend 10 in each store they enter. Find the...
please show your work so I can understand and no pictures except graphs, please and TY 3. Kelson Electronics, a manufacturer of DVRs, estimates the following relation between its marginal cost of production and monthly output: MC = $150 + 0.0050 a. What does this function imply about the effect of the law of diminishing returns on Kelson's short-run cost function? b. Calculate the marginal cost of production at 1,500, 2,000, and 3,500 units of output C. Assume Kelson operates...
gure I represents a monopolistically competitive firm. Use the prepleto answer the following questions 2 Wha t will the form proce! 2. is this form in the short run or the long run? Why? " How much economic prott is this from matang? s comparathas fom to a perfect compettorin repedste price, output, and efficiency. Structures from Monopol Market Structures Project E Cutthroat Olgopoly F. Could be either B, C, D 2. The firm in figure 1 is Figure A...
Can someone please help me solve this? 1. A basic assumption of the short run is that a firm: A) B) C) can employ more workers and add more capital to the production process. cannot adjust its workforce or the amount of capital it uses. can reduce the number of workers it uses, but it cannot adjust how much capital it D) can freely adjust the amount of labor and capital that it employs. Use the following to answer question...