Business, 27.03.2020 01:22, pinkapple2396
Suppose that there are 120 perfectly competitive bakeries in a Pennsylvania that bake cakes, each with the following cost function: C(q) = 108 + 3q2 a. Derive the short-run market supply curve. b. Suppose the market demand is, QD = 900−10p. Find the equilibrium market quantity and price. c. How much output will each firm produce? How much profit is each firm making? d. What do you believe will happen to the number of firms in this market in the longrun? What price do you expect cakes to be sold for in the long-run?
Answers: 1
Business, 22.06.2019 03:00, brarob340
Tina is applying for the position of a daycare assistant at a local childcare center. which document should tina send with a résumé to her potential employer? a. educational certificate b. work experience certificate c. cover letter d. follow-up letter
Answers: 1
Business, 22.06.2019 11:20, andrea1704
Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
Answers: 3
Suppose that there are 120 perfectly competitive bakeries in a Pennsylvania that bake cakes, each wi...
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