Economics of Enterprise Answers

Given the following short run production function Q=12L²-4L³
what is the rang of feasible units of labor that determines second stage of production?

a profit maximization perfectly comptitive firm face the following function total cost function TC=10Q²+50 and marginal revenu (MR)=10 based on the above given information.
a) calculat totale revenu function ?
b) find or determine the optimal level of out put or profit maximization output?
c) calculat the maximum profit or loss at optimal level of out pot?

Assuming that a firm in a perfect competitive industry has the following total costs schedule:
Output Total Cost
10 110
15 150
20 180
25 225
30 300
35 385
40 480


a. Calculate a marginal cost and an average cost schedule for the firm
b. If the prevailing market price is $17 per unit, how many units will be produced and sold? What are profits per unit? What are total profits?
c. Is the industry in long0run equilibrium at this price?

At what level within P&G was the decision made to move employees to Geneva?

law of diminishing returns

what is cheque

DEFINE FIVE WAYS OF OPPORTUNITIES OF INTERNATIONAL TRADE

Opportunities of international trade and how it benefits households and firms?

cote function give fill the following table
quantity product (Q) 0 1 2 3 4 5 6
total cost (C) 8 16 18 28 45 63 72
AVC(average variable cost)
AC (average cost)
MC (marginal cost )


A ) calculate fixed cost of production
B ) fill the above table
C ) calculate average variable cost of 2nd product

A profit maximization perfectly competitive firm face the following function total cost function. TC=10Q^2+50 and marginal revenue (MR)=10 based on the above information
a) calculate total revenue function
b) find or determine the OPTIMAL LEVEL OF OUTPUT or profit maximization output
c) calculate the maximum profit or loss at optimal level of output