Based on the scenario above, Janet can be regarded as an Free-rein learder. Janet has the authority style where subordinates are not straightforwardly managed and rather should work on possess and demonstrate their value through achievements. No particular supervisory criteria must be met.
Answer:
b.if 100 units can be produced for $100, then 150 can be produced for $150, 200 for $200, and so forth.
Explanation:
Constant-cost means the cost of producing one unit of product does not change no matter how many products each firm in the industry decide to produce.
If the cost of production is $100 for 100 units, $150 for 150 units, $200 for 200 units and so forth, it means the unit production cost is a constant $1 regardless of the quantity to be produced.
Answer:
Explanation:
St deviation of stock σ = √( β² x σ₁² + σ₂² )
σ₁ = standard deviation of market = .15 and σ₂ is standard deviation of firm
Putting the values given
.30 = √ ( β² x .15² + .10² )
.09 = β² x .0225 + .01
β² x .0225 = .08
β² = 3.5555
β = 1.88
Answer:
in folklore, a narrative containing information about actual persons and events. Originating from the tales of eyewitnesses, the traditional account departs from its original factual basis when retold and becomes subject to free poetic interpretation.
Answer:
Explanation:
C(q) = 100+10q-q^2+(1/3)q^3
To find the firm marginal cost function:
Take the derivative with respect to q
MC = 10 - 2q + q^2
Assuming that the market price is p , then the profit maximising condition is:
MR = MC
p = 10 - 2q + q^2
The short-run supply curve is the marginal cost curve that lies above the average variable cost.
The average variable cost is:
AVC =VC/Q
AVC = (10q-q^2+(1/3)q^3)/Q
AVC = 10 - q + (1/3)*q^2
So, the short-run supply curve is:
SRS = 10 - 2q + q^2 if p > 10 - q + (1/3)*q^2
