Business, 22.01.2020 23:31 Delgadojacky0206
The city of imperial falls contracts with evergreen waste collection to provide solid waste collection to households and businesses. until recently, evergreen had an exclusive franchise to provide this service in imperial falls, which meant that other waste collection firms could not operate legally in the city. the price per pound of waste collected was regulated at 25 percent above the average total cost of collection. cost data for the most recent year of operations for evergreen are as follows:
Answers: 2
Business, 21.06.2019 22:20
Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans
Answers: 1
Business, 22.06.2019 11:40
Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.
Answers: 3
Business, 22.06.2019 21:00
Adecision is made at the margin when each alternative considers
Answers: 3
Business, 22.06.2019 21:00
Describe what fixed costs and marginal costs mean to a company.
Answers: 1
The city of imperial falls contracts with evergreen waste collection to provide solid waste collecti...
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