Suppose a product can be produced using virgin ore at a marginal cost of MC=1.750, and with recycled materials at a P=40-3.25(Q,+Q₂). Under marginal cost given by MC=14+0.50. Suppose the inverse demand curve was given by efficiency, how many units of the product would be produced with virgin ore and how many units with recycled materials? Fanal AIT.PADING LIT-PAL. PAR.

What is the marginal cost forumla for TC= 10+5Q?

Given that the variable cost is $25 per customer, with a fixed cost of $200, he needs to fnd which price maximizes, therefore my question is how do I find what amount he earns if profit is maximized.

what is efficient scale in economics

The marginal cost for a company to produce q items is given by MC(q)=0.004q2−0.6q+620. The​ company's fixed costs are ​$8500. Find the marginal cost at a production level of 400 items.   The marginal cost at a production level of 400 items is ??? per item.

Suppose you make beautiful coffee tables out of juniper trees. Your materials cost for each table is $135. You pay your craftsman $25 per hour and it takes him 5 hours to complete one table. If you sell these tables for $689, what is your Cost of Goods Sold Percentage?    2. What is the Gross Profit Margin on the coffee tables described in question 1 above?   3. Suppose your company sells a 3 pack of lenses that attach to smart phones to improve the quality of pictures people take. You pay $29.95 for each 3 pack and sell them for $59.95. What is your Cost of Goods Sold Percentage for this item?   4. Suppose you sell 8,000 of the 3 pack of lenses described in question 3 above in one year. You cost on each 3 pack is $29.95 and you sell them for $59.95. If your operating expenses for the year total $144,080, what are your Net Income and Net Profit Margin Percentage?   5. Suppose an investor gave you $150,000 to start your business. You gave this investor 50 percent of your company for…

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Does the minimum efficient scale necessarily have to be where the marginal cost is minimal? Can taxes be Pareto improving? How?

Am. 111.

Consider the following marginal cost function MC= 5 + 2qi. (a) Does the production process exhibits increasing returns? decreasing returns? constant returns? (b) If the price is $23. What’s the optimal production level? (c) If the price is $31. What’s the optimal production level?