Microeconomics Answers

a case study in this chapter discusses federal minimum wage law

Given the Tc function Tc=10000 +100q-10q²+(1/3)q³ a. Find the MC function b. Find the slope of the MC function c. Find the output at which MC is equal to AVC

Drive cinema is oligopoly? What the characteristic for drive cinema ?

If HomeDeliv is presently making 504 deliveries and the price of a delivery is $10, should HomeDeliv increase deliveries to 505? Explain.

A car manufacturing should continue to produce additional cars as long as the firm is profitable justify

Meaning of microeconomics

''Economic growth requires reliable electricity supply.President Cyril Ramaphosa has been on a campaign to bring investment in the country meaning there is bound to be an increase in the demand of electricity''
use a diagram to illustrate what will happen to the equilibrium price and quantity of a product if the demand for the product increases as well as supply increases .three factors that can cause an increase in demand.

Soft drinks and burgers are complements because they are consumed together. Suppose the price of cola has increased how it will alter the supply, demand, quantity supplied, quantity demanded and the price in the market for burgers? ? Explain numerically and graphically

Burgers and coke are complements because they are often enjoyed together. When the price of coke rises, what happens to the supply, demand, quantity supplied, quantity demanded, and the price in the market for burgers? Explain numerically and graphically.

Please read article and give an economic analysis