It’s one question, please answer all parts PROFIT FUNCTION Another company is producing a small new tablet. The company has fixed costs of $15400, and it costs $212 to produce each tablet. The c...
**Only [Harder] Question** Problem 2. Consider a firm that has a cost function of c(y) = 5y 2 + 50, 000. In other words, this is a firm with a fixed cost of $50,000 (which might be something like the cost of rent on the firm’s building, which they have to pay whether they produce any output or not) and a variable cost of $5Y 2 , (which we’ll think of as the cost of the labor and machinery necessary...
can anyone answer this please with workings [Ec Question 1 Consider the matrix below: T12 6 a) Find A b) What is the rank of matrix A? c) If element a became 4, would this change results to parts (a) and (b), and if so, why? Consider these further matrices: B= d) Describe, using matrix terminology, each of the further matrices above (be sure to also describe the dimensions of each matrix). Perform the following matrix operations, where possible, being...
Please use own words. Thank you. CASE QUESTIONS AND DISCUSSION > Analyze and discuss the questions listed below in specific detail. A minimum of 4 pages is required; ensure that you answer all questions completely Case Questions Who are the main players (name and position)? What business (es) and industry or industries is the company in? What are the issues and problems facing the company? (Sort them by importance and urgency.) What are the characteristics of the environment in which...