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Metalfab Pump and Filter Inc. estimates that the cost of steel bodies for pressure valves will increase by $2 every 3 months. If the cost for the first quarter is expected to be $80, what is the present worth of the costs for a 5-year time period at an interest rate of 1.86% per quarter?
A firm has the following total revenue and total cost functions: TR= 21Q-Q^2, Q^3/3-3Q^2+9Q+6 At what level of output does the firm maximize total revenue? Define the firm’s total profit as p = TR - TC. At what level of output does the firm maximize total profit? How much is the firm’s total profit at its maximum?
since GVA equals the total value of output minus intermediaries, during the calculation of gva in food processing industry (eg: bread) in manufacturing sector seperately and in calculation of gva in agriculture eg wheat in primary sector seperately won't there be false calculation of gdp?
Assume that Q= (1/3)L3 -10L2 -21L
represents short run production function in which only labor is variable input. Then
a) Find the number of labor employed where TPL is maximum.
b) Find the number of labor employed where APL is equal to MPL
c) Find the number of labor employed when APL is maximum
d) Find the number of labor employed when MPL is maximum
e) Find stages of production
What is the difference between discrete and continuous variables?
6. The cholesterol level of a sample of 15 female employees are as follows:
154 , 216, 171, 188, 229, 203, 184 ,173, 181, 147, 188, 188, 230, 150, 210
Find and interpret the:
a) mean
b) median
c) mode
In what phase of the venture life cycle is Jan’s firm currently operating? Defend your answer.
Price effect is a summation of income effect and substitution effect. explain digramatically in case of
a) fall in price of good Y
b) Rise in price of good x
draw demand curve as well
. What do you mean by transitory income?
1.Suppose that the world price for a good is 40, and the domestic demand and supply curves are given by the following equations:
Demand: P=80-2Q
Supply: P=5+3Q
a. How much is consumed? How much is produced domestically?
b. What are the values of producer and consumer surplus?
c. If a 10% tariff is imposed, by how much do consumption and domestic
production change?
d. What is the change in consumer and producer surplus?
e. How much revenue does the government earn from the tariff?
f. What is the net national cost of the tariff?
#333702 on Dec 2022