A competitive firm has total costs of production as indicated in the table below. Make calculation to fill in the following blanks.
|
Quantity |
Total Cost |
|
0 |
$100 |
|
1 |
$140 |
|
2 |
$170 |
|
3 |
$190 |
|
4 |
$200 |
|
5 |
$230 |
|
6 |
$280 |
|
7 |
$340 |
The fixed cost is $ .
b) If the market price is $60, the optimal output is Q = , the profit is $ , and the total variable cost = $ .
c) If the market price is $30, the optimal output is Q = , the profit is $ , and the rent =$ .
d) If the market price is $20, the optimal output is Q = , the profit is $ , and the rent =$ .
In: Economics
Write a Python program that asks the user to enter the monthly costs for the following expenses incurred from operating his or her automobile:
Write a function that takes these six items as arguments and computes the total cost of these expenses.
Write a main program that asks the user for these six items and calls your function.
Print total monthly cost and the total annual cost for these expenses.
Your function should not have any input statements or print statements (except for debugging print statements).
In: Computer Science
Anna holds a 14 D magnifier directly in front of her eye to get a close look at a 19-mm -diameter penny. Assume a typical 25 cm near point and a distance of 1.7 cm between the lens and the retina.
What is the closest possible distance that she can hold the coin to have it appear in focus?
Express your answer with the appropriate units.
In: Physics
The following graph shows the supply of a good.

For each of the regions, use the midpoint method to identify whether the supply of this good is elastic or inelastic.

True or False: For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes more elastic because firms may need to invest in additional capital in order to increase production further.
In: Economics
The following graph shows the supply of a good.

For each of the regions, use the midpoint method to identify whether the supply of this good is elastic or inelastic.

True or False: For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes more elastic because firms may need to invest in additional capital in order to further increase production.
In: Economics
1. Which of the following hominin had the best walking abilities?
2. A gene is a segment of DNA that has protein coding information.
3. Ardipithecus was adapted to life in trees and:
4. The genus designation Homo translates to
In: Biology
5.a. What class of meteorite should have a composition closest to cosmic abundances? Why?
5.b. Most asteroids are C-type, but most meteorites are not carbonaceous chondrites. Why might this be?
5.c. Consider three types of meteorites: irons, carbonaceous
chondrites, and enstatite
chondrites. What are likely condensation temperatures for these
meteorites? Near which
planets would these temperatures be found?
In: Physics
1. From the physics point of view, how 'weight' is different from 'mass' ? Give two examples of how weight depends on the environment.
2. The force of gravity on a baby elephant near the
Earth’s surface is 260 lb (the elephant is about RE =
6371 km from the Earth’s center). What will be the elephant’s
weight if the elephant is moved twice as far from the Earth’s
center?
In: Physics
Provide an example of a real-world industry or market (current or historical) that has not been described by another student or that is in the text that would be described by economists as a monopoly (near-pure or natural) and provide a summary of how that monopoly became a monopoly, how it maintained monopoly power, and if applicable, how it lost its monopoly power. Provide a link to your references (Do not use Wikipedia).
In: Economics
Which of the following is NT an example of a negative externality?
Select one:
a. pollution from the chemical plant located near your house
b. a defective auto part that causes your car to break down
c. loud noises from your neighbor's late night parties
d. fertilizer from a commercial farm that is carried to your yard during rains
In: Economics