24a Wed Apr 8 - Incremental Economics

4 Long Run Production Capital labor Units Qty $3,000 5 32 outputs % inputs % change - change returns to Scale - $5,000 10 40 100 25 increasing $7,500 12 90 20 125 decreasing $8,000 13 110 8.33 22.22 decreasing $9,000 15 125 15.38 13.636 increasing $11,000 16 130 6.66 4 increasing $11,700 18 320 132 12.5 1.54 increasing 300 280 260 240 220 200 edited 180 160 140 120 100 80 60 For my long run production I wanted to see the different out comes if I my and capital variable After doing so! was able to calculate my output & input % change using the formula (original-new) original Х labor cost per duvet cover 40 20 10 20 30 40 50 60 70 80 90 100 120 130 140 150 160 qty of duvet covers (per month 100

◄ Search 4:27 PM Sat Nov 11 All charts => Select "Line". El Cost of ingredients Question 2_Labor m... G Suppose that Maria is starting a food ordering and delivery company. Customers order meals online. Employees prepare the meals and deliver them to customers. Maintenance of the online platform for ordering meals costs the company $5 per day. The company also rents space where orders are prepared. Rent costs $50 per day. To make the deliveries, the business also rents two delivery cars that cost $10 each per day. The costs of ingredients for preparing different numbers of meals are provided in the table below. Maria also has to hire between 0 and 10 workers (depending on the number of meals she chooses to make) to buy ingredients, prepare meals, and deliver the orders. She will pay each employee $120 per day The first two columns of the table below show how many meals different number of workers can prepare and deliver. VC AVC Meals (Output Q) 0 30 42 52 60 Draw $0 $10 $75 $100…

apter 1 Connect Activity i 6 eBook The table below shows Lanark's production possibilities. Wheat Cars A 0 51 B 50 49 C 88 44 D 114 34 27 E 126 19 F 131 0 a. If Lanark is producing 39 cars, it can produce approximately b. If Lanark is currently producing combination C, the cost of 26 more wheat is (Click to select) ✓ c. If Lanark is currently producing combination D, the approximate per unit cost of an additional car is necessary, round your answers to 1 decimal place. Remember to round 0.05 up to 010. Saved wheat. (Click to select) If

During the night, the electricity sector has a marginal cost of $1/MWh (megawatt-hour) forthe first 100 MWh produced (from wind turbines), and $20/MWh for each additional unit (from gasgenerators). During the day, they have a marginal cost of $1/MWh (megawatt-hour) for the first 50MWh produced (from solar panels), and $20/MWh for each additional unit (from gas generators).Nighttime and daytime demand are given by QnightD = 50 −P and QdayD = 200 −P , respectively.What are the market quantity and price during the day, and the market quantity and price at night?This is a model of the wholesale market for electricity, which you can think of as being competitive,but there is no resale between night and day.

Hello everyone, I need a small help answering the following question: 6.1 Given the following production and cost information, construct (make) the referenced costgraphs and answer the discussions questions. Lisa has a lawn-mowing business. Lisa hires students at $40 a day to mow lawns. Lisa leases 5lawn mowers for $200 a day. The production and cost schedule for Lisa’s business is outlinedbelow. Labor (Students per Day) Output (Lawns Cut per Day)0 01 202 443 704 945 1146 118 1. Construct (graph) the average fixed cost, average variable cost, and average total cost.2. Construct (graph) the corresponding marginal cost schedule.3. How many lawns should be cut during each day by Lisa’ business to minimize its averagetotal cost or operate most efficiently? I appreciate your assistance.

Write a paragraph to explain to your CEO that based on using regression analysis, through using the solver tool of excel, recalculate the optimum units to produced this month is 800 pro 200 mini to have the maximize revenue of $174,400.00. Explain what/why would it be if you make any changes in the units to stay within the constraints that you have it would produce less money.

> Read Battle Through the Heave X O ONE OK ROCK - Wasted Ni x O Homework: Production and Cc x * MindTap - Cengage Learning C 12. Shifts In Cost Curves The F x + A ng.cengage.com/static/nb/ui/evo/index.html?deploymentid=581353222158121530708104710&elSBN=9781337621410&id=D1134714870&snapshotld=2322079& Joseph v CENGAGE | MINDTAP Q Search this course A My Home Homework: Production and Costs (Ch 21) FiW In the remalning cells of the table. Courses Quantity (Pairs) Total Cost Marginal Cost (Dollars) Average Variable Cost (Dollars per pair) Average Total Cost (Dollars per pair) Fixed Cost Variable Cost (Dollars) (Dollars) (Dollars) O Catalog and Study Tools 120 A-Z 1 200 * Partner Offers 2 240 285 E Rental Options 4 340 425 E college Success Tips 6 540 A Career Success Tips RECOMMENDED FOR YOU On the following graph, plot Douglas Fur's average total cost curve (ATC) using the green points (triangle symbol). Next, plot its average varlable cost curve (AVC) using the purple points (diamond…

QUI The figure below depicts the production function of grain for farmers under average growing conditions with the currently available Noi technology. Mar 9007 PF 800- 700- 600- 500- 400- 300- 200어 100- o Slope 732,000/ 1,600 = 458 04 400 800 1200 1600 2000 2400 2800 Number of farmers Select one or more: In a year with exceptionally good weather conditions, the production function curve will be higher and parallel to the curve O a. above. O b. A discovery of new high yielding crop seeds would tilt the production function curve higher anti-clockwise, pivoted at the origin. O C. In a year of bad drought the production curve can turn downwards for large numbers of farmers. O d. If there is an upper-limit on the amount of grain that can be produced, then the curve will end up horizontal for large number of farmers. S Type here to search 25 hp t4 15 16 eSC 5 6. 7. 00 %24 3. . ........ Kilogrammes of grain produced (thousands)

The teohnically efficient combiaation of two products a business cän produce in the current period given its existing resources and teohnology is: LA) The production possibilities frontier (b) The marginal rate of product transformation (c). The least cost.combination of two products (d) The maiginal physical product

Bill's Bakery has a fire and Bill loses some of his cost data. The bits of paper that he recovers after the fire provide the information in the following table (all the cost numbers are dollars). TP 10 20 30 40 50 AFC 120 A 40 30 24 AVC $60, $90, $100, $130, and $140. $20, $50, $200, $60, and $130. $80, $160, $40, $90, and $120. $90, $70, $110, $120, and $150. 100 B 90 C 108 ATC 220 150 130 D 132 MC 80 90 130 E Bill asks you to come to his rescue and provide the missing data in the five spaces identified as A, B, C, D, and E.

Course dashboard Soru 15 SCENARIO 1 You are the owner and only employee of a company that writes computer Henüz software that is used by gamblers to collect sports data. Last year you earned a total revenue cevaplanmadı of $90,000. Your costs for equipment, rent, and supplies were $60,000. To start this business 4 üzerinden you invested an amount of your own capital that could pay you a return of $40,000 a year. ışaretlenmiş Refer to Scenario 1. During the year your economic costs were P Soruyu işaretle Lütfen birini seçin: O A $30000 OB$130000 O C.S 60000 ODS 40000 O ES 100000 SONRAKİ SAYFA ÖNCEKİ SAYFA 日 O Aramak için buraya yazın

1. A company operates plants in both the United States (where capital is relativelycheap and labor is relatively expensive) and Mexico (where labor is relatively cheap andcapital is relatively expensive). b) Under what circumstances will the input choice be relatively similar? 10:10 pm ll

Give an example of project that would be considered a sacred cow?How would you go about cancelling a sacred cow>

Please give an explanation on how to solve this

1.Joe quits his computer programming job, where he was earning a salary of $50,000 per year, to start his own computer software business in a building that he owns and was previously renting out for $24,000 per year. In his first year of business he has the following expenses: salary paid to himself, $40,000; rent, $0; other expenses, $25,000. Find the accounting cost and the economic cost associated with Joe’s computer software business.

Question 4 Suppose a firm has only three possible plant-size options represented by the ATC curves shown in the accompanying figure. What plant size will the firm choose in producing: (a) 50, (b) 130. (c) 160, and (d) 250 units of output? ATC ATC2 ATC ATC₁ 0 80 130 150 240 Figure for Question 4

ii jii OMESIN m e id Question 2 1. State the three stages of production? For the toolbar, press ALT F10 (PC) or ALT FN+F10 (Mac) BIU Paragraph Arial 10pt x' X, T Te 田田用图 3H HE H

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The teohnically efficient combination of two products a business oän produco in the current period given its existing resources and teohnology is: LA) The produotion possibilities frontier (b) The marginał rate of product transformation-- (c). The least cost.combination of two products (d) The marginal physical product

Question 4 Suppose a firm has only three possible plant-size options represented by the ATC curves shown in the accompanying figure. What plant size will the firm choose in producing: (a) 50, (b) 130. (c) 160, and (d) 250 units of output? ATC ATC? ATC; ATC₁ 0 80 130 150 240 Figure for Question 4

I just need the answer for D please. In details

Answer the attached question

1. In the short term, if your friend has Rp 200,000,000 per week, how many apps is he able to produce? 2. If your friend wants to produce 18 apps per week in the long term, how many programmers (L) dan cloud servers (K) are needed, and what is the total cost?

An economist estimated the learning curve for the production of Tesla vehicles to be: AC 433,094 N-0.135 where AC = average production cost and N cumulative production. Data used was annual. Calculate the resulting learning rate. From this, we can conclude that AC declines about 13.5 percent per year due to learning AC declines about 9 percent per year due to learning. Othere is no learning effect. there are economies of scale in production. Show Transcribed Text Please answer the aboce question. "There are economies of scale in production" is the incorrect answer.

For each of the following examples, explain whether it is a case of external or internal economies of scale: a. Almost all Hermès products are manufactured in France. b. Apple has its displays mainly made in Japan and some made in Korea. c. All units of Toyota Land Cruiser and Prius sold in the U.S. market are assem- bled in Japan. d. Gerber used to be an American-owned company, now a subsidiary of the Nestlé Group, headquartered in Fremont, Michigan. It is often argued that the existence of increasing returns is a source of conflict between countries, since each country is better off if it can increase its production in those industries characterized by economies of scale. Evaluate this view in terms of the external economy model.

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