Fill in the order form to get the price

Subject

Category

Deadline

Timezone:

Title *

Task *

{"ops":[{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"QUESTION 1:"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"\tA firm faces the demand schedule p = 200 - 2Q and the total cost function "},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"TC =  2\/3 Q^3  - 14Q^2  + 222Q + 50"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"Derive expressions for the following functions and find out whether they have maximum or minimum points. If they do, say what value of q this occurs at and calculate the actual value of the function at this output."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"\tMarginal cost."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"\tAverage variable cost"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"\tAverage fixed cost"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"\tTotal revenue"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"\tMarginal revenue"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"\tProfit"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"\tConstruct your own example of a function that has a turning point. Check the second-order conditions to confirm whether this turning point is a maximum or a minimum."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"\tExplain why a firm which is a monopoly seller in a market with the demand schedule P = 66.8 - 0.4Q and which faces the total cost schedule TC = 220 + 120Q - 12Q^2  + 0.5Q can never make a positive profit."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"}]}

I need basic explanations

Special Requirements

Upload files (if required)

Drop files here to upload

Add files...

Account info

Already have an account?

Name *

E-mail *

Password *

The password must be at least 6 characters.

I agree with terms & conditions