A company is going to supply 500 Parking space. Based on the factor of production of...

A company is going to supply 500 Parking space.

Based on the factor of production of supplying 500 parking space.

What is the output, Total cost, total fixed cost and total variable cost? draw a table to show the result

Expert Solution

Rahul Sunny answered 2 years ago

What is the Factor of production and factor payment for making a parking space?

For a company that is going to create a parking space for employees. 1500 parkings will...

For a company that is going to create a parking space for employees. 1500 parkings will be supplied by the company quesfion: What will be the factor of production and factor payment for the company? question: based on the factor of production what will be the TFC, TC, TVC for the company? the answer needs to be related to the supply provided.

For a company that is going to create 300 parking space for employees. 300 parkings will...

For a company that is going to create 300 parking space for employees. 300 parkings will be supplied question: what will be the factor of production and factor payment for the company? question: based on the factor of production draw a table showing TFC TVC and TC and needs to be related to the supply provided on a daily basis and monthly basis with fluctuation taken into consideration. explain in a table

Calcucate the factor of production for car parking space using a table. Question: Calcuate Fixed cost,...

Calcucate the factor of production for car parking space using a table. Question: Calcuate Fixed cost, Variable cost and total cost.

a) How do supply and demand work to determine the amount of a factor of production...

a) How do supply and demand work to determine the amount of a factor of production a firm in a competitive market employs? b) What does marginal revenue productivity have to do with competitive demand for a resource?

The benefits of Smart Parking to the parking operators, car owners, and public authorities 500 words...

The benefits of Smart Parking to the parking operators, car owners, and public authorities 500 words only. My earnest request to you please don't copy from others work. The task will be checked through plagiarism detecting software. If you can't fulfill the requirement please don't attempt to answer. Thank you

What determines the going market rate for any factor of production (wage, interest, rent, and profit)?...

What determines the going market rate for any factor of production (wage, interest, rent, and profit)? How might employment discrimination, labor unions, and immigration) change your answer above? What is meant by monopsony and what effect does it have on the market for any factor of production? What is meant by bilateral monopoly and what effect does it have on the market for any factor of production?

How would you determine the demand for a factor of production? What factors influence the supply...

How would you determine the demand for a factor of production? What factors influence the supply and demand for labor? Examine how those factors impact market demand for labor. How do labor unions try to increase the demand for labor? What has made labor unions such an integral part of the workforce? What is the difference between the rates of return for a renewable and nonrenewable resource? How do the rates of return on capital and land differ between a...

The length of time it takes to find a parking space at 9 a.m. follows a...

The length of time it takes to find a parking space at 9 a.m. follows a normal distribution with a mean of five minutes and a standard deviation of two minutes. a) Based upon the empirical rule, which is the probability that it takes less than one minute to find a parking space? b) Based upon the empirical rule, which is the probability that it takes more than 7 minutes to find a parking space? c) Find the probability that...

The length of time it takes to find a parking space at 8am follows a normal...

The length of time it takes to find a parking space at 8am follows a normal distribution with a mean of 10 minutes and a standard deviation of 3 minutes. 1.Find the probability that it takes at most five minutes to find a parking space. 2.Find the probability that it takes at least 13 minutes to find a parking space. 3.Find the probability that it takes between 9 minutes to 11 minutes find a parking space. 4.25% of the time,...

Question