Bob's lawn mowing service is a profit maximizing competitive firm. The following questions relate to Bob's short run and long run decisions regarding shutting down and exiting. For each question, determine whether Bob should shut down or operate in the short run and exit or remain in lawn mowing business in the long run.

a. Suppose that Bob is payed $28 per lawn and he mows 12 lawns per day. His total cost each day is $400, of which $50 is a fixed cost. Should Bob shut down or operate in the short run? Should Bob exit or remain in business in the long run?

b. Suppose Bob is payed $30 per lawn and he mows 12 lawns per day. His total cost each day is $400, $50 of which is a fixed cost. Should Bob shut down or operate in the short run? Should Bob exit or remain in business in the long run?

c. Suppose Bob is payed $35 per lawn and he mows 12 lawns per day. His total cost each day is $400, $50 of which is a fixed cost. Should Bob shut down or operate in the short run? Should Bob exit or remain in business in the long run?

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d. The technology and principle of working and its operation with suitable results?
e. Sustainability aspects: highlight the parameters which makes the system sustainable and discussion of effective parameters studied ?
f. Evaluation of the work with proper justification for chosen parameters and values ?

Q- ‘The dynamic world of the technologies is fast changing the nature of the goods and the ways to produce them.’ In the context of the above statement, explain the impact of technology on the long run cost and the elasticity of supply in your business over a period of time. Support your answer with an appropriate diagram.

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Infrared radiation is also called IR. Describe how it is different from visible light. What emits IR? Can animals use it? Explain how emission of IR sometimes “wastes” energy. Give examples showing how IR is used in modern technology.

Infrared radiation is also called IR. Describe how it is different from visible light. What emits IR? Can animals use it? Explain how emission of IR sometimes “wastes” energy. Give examples showing how IR is used in modern technology.

In a survey of 636 males ages​ 18-64, 399 say they have gone to the dentist in the past year.

Construct​ 90% and​ 95% confidence intervals for the population proportion. Interpret the results and compare the widths of the confidence intervals. If​ convenient, use technology to construct the confidence intervals.