1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hram777 [196]
2 years ago
11

A firm has the following cost and marginal cost​ functions: Upper C left parenthesis q right parenthesis equals 64 plus q square

d and MC equals 2 q. What is the minimum efficient​ scale? The minimum efficient scale LOADING... occurs at nothing units of output ​(enter your response as a whole number​).
Business
1 answer:
velikii [3]2 years ago
8 0

Answer: Minimum efficient​ scale is 8 units.

Explanation:

Given that,

Cost function: C(q) = 64 + q^{2}

Marginal cost function: MC = 2q

Average cost: AC = \frac{C(q)}{q}

                             = \frac{64 + q^{2}}{q}

                             = \frac{64}{q} + q

The minimum efficient scale is at a point where MC = AC

2q =  \frac{64}{q} + q

q^{2} = 64\\q = \sqrt{64} \\q = 8

Therefore, minimum efficient​ scale is 8 units.

You might be interested in
Select the correct answer.
Lapatulllka [165]

Answer:

B. equity financing

Explanation:

Equity financing involves giving up part of the company because it will have to be shared with the partners of the organization who are usually the investors.

5 0
3 years ago
Need help asap with this one
GuDViN [60]

Answer:

A?

Explanation:

3 0
3 years ago
True/False
AlladinOne [14]

Answer:

True

Explanation:

An intrapreneur is a worker in charge of developing an innovative idea or project within a company. The intrapreneur may not face major risks or may not receive an entrepreneur's major rewards. However, an intrapreneur can access the resources and capabilities of an established company. An intrapreneur works within a company to develop an innovative project or project that will increase the future of the company. The intrapreneur is usually given autonomy to work on a project that can have a significant impact on the company. Over time, an intrapreneur can become an entrepreneur.

8 0
3 years ago
A Missouri job shop has four departmentsmachining ​(M), dipping in a chemical bath​ (D), finishing​ (F), and plating ​(P)assigne
Vlad [161]

Answer:

Plan A cost $26,000

Explanation:

(21 * 6) + (13 * 18) + (19 * 2) + (7*4) + (11 * 2) + (4 * 18)

126 + 234 + 38 + 28 + 22 + 72

52,000 * 0.50 = 26,000

6 0
3 years ago
One of your friends states that “operations management and supply chain management are primarily of interest to manufacturing fi
Ghella [55]

This is not true. Just because it talks about operations and supply chain, it does not mean that non-manufacturing industries are not involved. Any business with an operating system has an operations department. The supply chain will depend on the type of services or goods offered. For example, an environmental services consultancy firm is not a manufacturing company. However, it has an operations department to oversee the schedule of sampling personnel for monitoring activities. Moreover, supply chain may refer to the business development department, which is primarily concerned of acquiring more clients to give their services. In addition, equipment must also be supplied so monitoring could be possible.

8 0
3 years ago
Other questions:
  • The required return on the stock of Moe's Pizza is 10.8 percent and aftertax required return on the company's debt is 3.40 perce
    5·1 answer
  • Craig graduated from college and got his first job. He rented an apartment and purchased new furniture, appliances, and a televi
    8·1 answer
  • I have $65,000 that I need to invest but I want to make more than the bank is offering. Where can I get a high return on a short
    5·1 answer
  • You are doing a sales presentation for Ms. Duarte and her son. Ms. Duarte has some cognitive impairment and her son informs you
    6·1 answer
  • Kinslow Manufacturing Company paid a dividend yesterday of $2.50 per share. The dividend is expected to grow at a constant rate
    10·1 answer
  • Suppose the market price is $5. The buyer who buys the first unit of output has a willingness-to-buy equal to $10; the buyer who
    7·1 answer
  • What is the importance of international law to businesses engaged in international trade?
    12·1 answer
  • B) Assume you are a brand manager of a clothing brand that offers formal clothing for
    14·1 answer
  • I just wanna do something fun so, whats an adjective and noun for king?
    6·2 answers
  • How do i buy a ring for my super hot fine dad non-existent future novio?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!