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explain Rybzynski theorem with diagram
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- Following the given equations of costs and its supposed price, find the equilibrium costs and equilibrium quantities a. ATC=3Q2 +12Q+350, P = 60 b. TC = 300Q2 +10Q+120, P = 40(This is a single question with five parts to the answer. I would appreciate help with all five parts if possible. Image screenshot of the original question with the formulas more easily readable than can be identified here is attached) Tech firms produce goods and services from labor and energy. The total cost in dollars to produce y amount of goods and services for each firm j is cj(yj) = yi2. There are 100 identical tech firms which all behave competitively. What is the individual supply of technological goods and services? What is the market supply of technological goods and services? Suppose the demand curve for these goods is D(p)=200-50p. What is the equilibrium price and quantity sold? How much is the total surplus of this economy? Now suppose that the industry makes a one-time investment for $K amount of dollars to innovate in a new technology of production that allows every firm to reduce its cost of production to a 1/4 fraction of the previous cost. What is the new total…Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various level of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all factories.) Number of Factories. Q = 50 1 140 2 230 3 320 Q = 100 60 110 160 Average Total Cost (Dollars per bike) Q = 150 Q = 200 40 40 80 80 40 40 Q = 250 160 110 60 Q = 300 320 230 140 per bike. Suppose Ike's Bikes is currently producing 300 bikes per month in its only factory. Its short-run average total cost is $ Suppose Ike's Bikes is expecting to produce 300 bikes per month for several years. In this case, in the long run, it would choose to produce bikes using one factory one factory On the two factories its SR plot the three SRATC curves for Ike's Bikes from the previous…
- Hello, I am still a little confused with the answer to the first part. I know that A, B, and D are worse-than-C bundles, but how would I go about shading the graph? Could I get a shot of the graph shaded?Create a firm model (TWO graphs, one for total units and one for marginal units). Walmart follows a centralized purchasing system; they achieve high efficiency in their operations, concentrate on small towns, and reap the experience curve's benefit. What generic strategy does Walmart follow? Briefly explain the strategy. . Explain briefly the traditional approach to strategic control (you can even explain using a diagram) . Briefly explain the school of thought that argues against CEO Duality. Mention components of emotional intelligence with a brief explanation. What is matrix structure in the organizational design approach? (you can even explain using a diagram) Discuss the four criteria that a firm's resources must possess to maintain a sustainable .
- Explain the concept of a maximum - value function. Explain the Envelope Theorem for unconstrained and constrained optimization. Give an economic example of these concepts.give everything in ms excel steps for the following (Profit Model) The demand for airline travel is quite sensitive to price. Typically, there is an inverse relationship between demand and price; when price decreases, demand increases and vice versa. One major airline has found that when the price (P) for a round trip between Chicago and Los Angeles is $500, the demand (D) is 700 passengers per day. When the price is reduced to $300, demand is 1,000 passengers per day. a. Plot these points on a coordinate system and develop a function that relates demand to price. b. Develop a mathematical model that will determine the total revenue as a function of price. c. Provide a recommendation to the airline company about the price that should be selected for the round trip between Chicago and Los Angeles such that their revenue is maximized. Describe how you have reached to this recommendation? (your solution may not be the best solution but should be a good solution).Does the minimum efficient scale necessarily have to be where the marginal cost is minimal? Can taxes be Pareto improving? How?
- A gardener is trying to maximize profit by growing tomatoes (T) and carrots(C) with fertilizer(F). The production functions are: Tomatoes: T = 70F₁ - 1.5F-² Carrots: C = 90Fc - 2Fc² Constraint: FT + Fc = 60 The profit is $0.50 per tomato and $0.25 per carrot. There are 60 units of fertilizer available. How much fertilizer should go to the tomatoes?explain Stolper-Samuelson Theorem with diagram4
