Ed's construction company has the following short-run cost
function: 1q3 - 9q2 + 36q.
What is the minimum average cost?
Answers
The minimum average cost for Ed's construction company is $9 per unit of output.
To find the minimum average cost, we need to differentiate the short-run cost function with respect to quantity (q) and set it equal to zero. Let's denote the short-run cost function as C(q):
C(q) = q^3 - 9q^2 + 36q
To find the minimum, we differentiate C(q) with respect to q:
dC(q)/dq = 3q^2 - 18q + 36
Setting this expression equal to zero and solving for q, we have:
3q^2 - 18q + 36 = 0
Dividing the equation by 3, we get:
q^2 - 6q + 12 = 0
This is a quadratic equation, and we can solve it using the quadratic formula:
q = (-(-6) ± √((-6)^2 - 4(1)(12))) / (2(1))
Simplifying further, we have:
q = (6 ± √(36 - 48)) / 2
q = (6 ± √(-12)) / 2
Since we cannot take the square root of a negative number, it means there are no real solutions for q. This indicates that the cost function does not have a minimum point.
Hence, the minimum average cost for Ed's construction company is $9 per unit of output.
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Related Questions
shelby wants to cash in her winning lottery ticket. she can either receive semi-annual payments of $100,000 each starting today, for 4 years, or she can receive a single-amount payment today based on a 6% annual interest rate. what is the single-amount payment she can receive today that would be equivalent to the present value of the semi-annual payments?
Answers
The sum that would be paid to her today in order to equal the present value of the semi-annual payments 723,028.30
demonstrating Computations
Time Amount PVF at 6/2% PV
- 100,000.00 1.0000 100,000.00
0.50 100,000.00 0.9709 97,087.38
1.00 100,000.00 0.9426 94,259.59
1.50 100,000.00 0.9151 91,514.17
2.00 100,000.00 0.8885 88,848.70
2.50 100,000.00 0.8626 86,260.88
3.00 100,000.00 0.8375 83,748.43
3.50 100,000.00 0.8131 81,309.15
723,028.30
How is a single amount determined?
The amount invested or saved, multiplied by one plus the interest rate to the nth power, where n is the number of compounding periods over which the principal is kept or invested, determines the future value of a single sum of money.
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Help plzzz for economics
Answers
Answer:
the answer is b
Explanation:
Explain how you would apply any five pricing techniques to attract ccustomers
Answers
Answer:
1. Price skimming. Skimming involves setting high prices when a product is introduced and then gradually lowering the price as more competitors enter the market. 2. Market penetration pricing 3. Premium pricing. 4. Economy pricing. 5. Bundle pricing. (these are just some that I know)
Explanation:
An account balance shows ------
A)how different accounts at a financial institution can be connected
B)how much money you need to open an account
C)the amount of money that you have in an account
D)if you are eligible to open an account
Answers
Which statement about credit and debit cards is NOT true? *
When you use a credit card, the money you spend comes out of your checking account immediately.
When you use a debit card, the money you spend comes out of your checking account
immediately.
Credit and debit cards can both be used to make purchases at most retailers.
You can use a credit card to spend more money than you have in your bank account.
Answers
Answer:
I believe that the the statement "you can use a credit card to spend more money than you have in your bank account" is false because a credit card takes out the money straight away, while a debit card sometimes waits to take out the money you used
Answer: D. It is harder for a thief to use your debit card.
Explanation:
Payments by representatives of Western Technology, Inc., to government officials in exchange for favorable business contracts in foreign countries are considered:
Answers
Payments by representatives of western technology, business contract Inc., to government officials in exchange for favorableA US federal law known as the Foreign Corrupt Practises Act (FCPA) was passed in 1977 to forbid US citizens and companies from paying bribes to foreign.
In order to win or keep business. Both civil and criminal penalties are available for violations of the FCPA, which applies to both US citizens and firms as well as international corporations listed on US stock markets.
The US Department of Justice and the Securities and Exchange Commission are in charge of enforcing the Act, and they have the power to file lawsuits against businesses and people that participate in unethical business practises. The FCPA is regarded as the cornerstone of the global campaign to fight corruption and advance openness in transnational commercial dealings. The Foreign Corrupt Practises Act (FCPA) is the law that particularly forbids making shady or dubious payments to foreign officials in order to gain business deals.
Complete question:
payments by representatives of western technology, inc., to government officials in exchange for favorable business contracts in foreign countries are considered payments.
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What is significance of evaluating PeCS of a successfull entrepreneur? What insights can you draw from this activity?
Answers
Answer:
It is very important to assess one's personal entrepreneurial competencies (PECs) in order to know the strengths and weaknesses of the entrepreneur. In that manner, the entrepreneur can design a plan to compensate for his weaknesses and develop his strength in order to deliver the excellency that was expected of him.
As you rule, you should not spend more than______of your pre-tax dollars on housing?
Answers
Answer:
36%
Explanation:
According to this rule, a household should spend a maximum of 28% of its gross monthly income on total housing expenses and no more than 36% on total debt service, including housing and other debt such as car loans and credit cards. Lenders often use this rule to assess whether to extend credit to borrowers.
how and why was this situation considered a UDAAP violation
a. Unfair and deceptive practices
b. Intellectual property infringement
c. Breach of contract
d. Antitrust violation
Answers
The situation was considered a UDAAP (Unfair, Deceptive, or Abusive Acts or Practices) violation because it involved unfair and deceptive practices.
UDAAP is a term used in the financial industry to refer to practices that are considered unfair, deceptive, or abusive towards consumers. In this situation, the specific reason for considering it a UDAAP violation would depend on the details of the case. However, if it is deemed a UDAAP violation, the most relevant reason would be unfair and deceptive practices.
Unfair practices refer to actions that cause or are likely to cause substantial harm to consumers, are not reasonably avoidable, and are not outweighed by countervailing benefits to consumers or competition. Deceptive practices involve misleading or false representations or omissions that are likely to mislead consumers and affect their decisions.
If the situation involves actions that are deemed unfair and deceptive towards consumers, it would be considered a UDAAP violation. Examples of such practices could include misleading advertising, misrepresenting product features or terms, failing to disclose important information, or engaging in fraudulent activities.
It is important to note that the other options mentioned (intellectual property infringement, breach of contract, and antitrust violation) may be separate legal violations but are not necessarily UDAAP violations unless they involve unfair, deceptive, or abusive acts or practices towards consumers. The determination of the specific violation would depend on the details and nature of the situation.
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7. Which of the following is a fundamental quality of useful accounting information?13/16 A) Conservatism B) Comparability C) Faithful representation D) Consistency 8. A decrease in net assets arising
Answers
Among the s provided, c) faithful representation is the fundamental quality of useful accounting information.
the fundamental quality of useful accounting information among the s provided is c) faithful representation.
faithful representation is one of the key qualities of useful accounting information. it means that the information presented in the financial statements should accurately reflect the underlying transactions and events of the business. it requires that financial information is complete, neutral, and free from material error or bias.
comparability ( b) is also an important quality as it enables users of financial statements to identify and understand similarities and differences between different periods or entities. however, faithful representation focuses more on the accuracy and reliability of the information presented.
conservatism ( a) refers to the practice of recognizing potential losses or expenses earlier than potential gains. while conservatism is an accounting principle, it is not considered a fundamental quality of accounting information.
consistency ( d) is related to the use of the same accounting methods and principles over time, ensuring that financial information is presented in a consistent manner. while consistency is important for comparability, it is not considered a fundamental quality on its own.
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What is an example of a general safety hazard?
poorly maintained equipment
contaminated water
blizzard
employee retaliation
Answers
Answer:
poorly maintained equipment
Answer:
contaminated water
Explanation:
if the water doesnt get boiled it will make you sick, contaminated water can make you sick easily so its a safety hazard
How can a business best increase traffic to its e-commerce site?
Answers
There are several ways that a business can increase traffic to its e-commerce site.
First, investing in search engine optimization (SEO) can help the site rank higher in search engine results pages, making it more visible to potential customers. This can include optimizing website content, meta tags, and building quality backlinks. Second, investing in paid advertising through platforms such as or social media advertising can also drive traffic to the site. By targeting specific demographics and keywords, businesses can reach their ideal audience and attract potential customers. Third, utilizing social media platforms and email marketing can also help drive traffic to the site. By regularly posting engaging content and promoting products through social media channels, businesses can attract potential customers and build brand awareness. Finally, offering promotions and discounts can also be an effective way to attract new customers and drive traffic to the site. This can include offering free shipping or a percentage off the first purchase to incentivize customers to shop on the site. Overall, a combination of these tactics can help a business best increase traffic to its e-commerce site.
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Why is it important for people to maintain a good credit history?
A. So that it's easier to list the expenses on their personal budget
B. So that the IRS won't investigate them for tax fraud
C. So that they know all of the fees associated with their credit cards
D. So that they have an easier time getting loans and credit cards
Answers
Answer:
D. So that they have an easier time getting loans and credit cards
Explanation:
A credit score is a three-digit numerical that communicates reliability in debt repayments. Credit scores range between 300 to 850. Lenders seek to find the credit score for a borrower before advancing credit facilities to them. A higher credit score indicates a borrower is less likely to default on a loan.
Maintaining a high credit score enables one to obtain credit with relatively easy and at lower interest rates. Lenders feel comfortable extending credit to a customer with a high credit score. They consider them a low-risk borrower.
Dan bought a hotel for $2,600,000 in january 2011. in may 2015, he died and left the hotel to ed. while dan owned the hotel, he deducted $289,000 of cost recovery. the fair market value in may 2015 was $2,800,000. the fair market value six months later was $2,850,000.
a. what is the basis of the property to ed?
Answers
Answer:
$2,800,000
Explanation:
Given that
Purchased a hotel for $2,600,000
The Deducted amount is $289,000
Fair market value in may 2015 is $2,800,000
Six months later, its value is $2,850,000
Based on the above information,
The computation of the basis of the property to ed is shown below:
It should be equivalent to the fair market value i.e. $2,800,000 and hence, the same is to be considered
All other values should be ignored
sakait has done some extra work to appease a client. now the client is asking her to do one more task, which is significant and not part of project scope. what should sakait do?
Answers
If a client is asking Sakait to do a task that is not part of the project scope, then she should approach the situation professionally. Sakait should review the client's request, and determine if the request is feasible to complete without disrupting the current project scope or affecting the project deadline.
She can also provide an estimated cost for the extra work that would have to be done. In this case, Sakait can:
1. Explain that the new request is outside the project scope, and provide a valid explanation to the client.
2. Provide the client with an estimate of the cost to complete the additional task and the timeline.
3. If the client agrees to the additional work, Sakait should ensure the details of the work are documented to avoid confusion later.
If the extra work is not feasible, and the client insists that the work be completed, Sakait should decline the request. In this case, Sakait would have to explain the reasons to the client why the extra work cannot be performed without disrupting the project schedule or causing other significant problems.
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Edith is the owner and manager of a small coffee shop that employs three workers who use the shop’s one coffee machine to make and serve coffee to paying customers. business has begun to pick up; lines are getting longer every day in her shop. on a busy morning, she sees her baristas scrambling to take orders, get cups, fill coffee from the coffee machine, add cream and sugar, and serve customers in a timely manner. she figures if she hires three more baristas she’ll be able to sell twice as much coffee.Do you think she's likely to be right? Why or why not?
Answers
Owning and operating a tiny coffee shop is Edith. The coffee shop has three people working there. In the shop, there is just one coffee maker.
What does operating mean in its entirety?
performance of a practical task or of something requiring the use of concepts or procedures in practice. You should practice until you can do the procedure without pausing or thinking. a showing of influence or authority. the way a medicine works. the quality or condition of functioning or being active. to perform an activity, bring about an outcome, or induce something to perform To improve the efficiency of the department, changes are being made.
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How can business decisions affect local community?
Answers
Incorporating small businesses into local government decisions can help ensure the small town culture within the community.
Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.Four-year-old jewel thinks that all grown-ups are mommies or daddies. What has jewel used to classify adults in this way?.
Answers
Four-year-old jewel thinks that all grown-ups are mommies or daddies. Jewel has used the Superordinate Concept to classify adults in this way. See further explanation below.
What is the Superordinate Concept?Superordinate terms (also known as 'hypernyms,' 'anaphoric nouns,' or 'discourse-organizing words') are nouns that may represent an entire 'class' or 'category' of objects. As a result, a superordinate term serves as a 'umbrella' term, encompassing the meaning of other terms.
A concept is a mental classification of the world. Terms like "cat," "house," and "plate" may all signify different things to different people. However, categorizing them helps us to conserve memory space and swiftly form assumptions, predictions, and generalizations about the world around us.
Take, for example, the word "cat." Rather than instructing you to envision a cat approaching you, I might have stated, 'There's a four-legged animal with a wagging tail and hair that approaches and meows at you.' But that's quite a few words. It's far easier to rely on the notion of a cat, knowing that when I say "cat," you'll think of four legs, a tail, hair, and meowing. This is due to the fact that all of those features are connected with the notion of a cat.
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According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor
Answers
Answer:
an Agent
Explanation:
just answered it and got correct
Answer: Agent
Explanation: just got it right on edge
Keira is excited that her favorite brand of running gear has released a new hoodie in the company’s trademark color. Keira probably has a strong ________blank with this company.
Answers
Keira is thrilled that her preferred brand of athletic apparel has introduced a new sweatshirt in the logo color of the business. Keira most likely has a positive brand association with this business.
An association between your brand and a concept, image, emotion, experience, person, interest, or activity is known as a brand association. Purchase decisions are significantly influenced by this association, which might be immediately favorable or unfavorable.
When a person thinks of a brand, brand associations—such as "soft" for Cottonelle or "athletics" for Nike—come to mind.
The brand association aids in recalling your company's name and distinctive features, such as those that set you apart from your rivals. The brand association offers clients ideas, images, and attitudes that can aid in the brand recall by developing familiarity and strengthening recognized traits.
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jose works for a toy manufacturer that invests an amount equal to a certain percentage of his pay each year into a trust fund account. his firm has contributed to this optional program every year, even when they lost money. his fund usually receives the 25% maximum allowed by law. what kind of retirement program does jose have?
Answers
The retirement program Jose have Profit-sharing plan.
What is Profit-sharing plan?Employer discretionary contributions are accepted in profit-sharing plans. The law does not specify how much you must contribute. If you can afford to contribute a certain amount to the plan for a specific year, you can. You don't have to contribute in other years. A profit-sharing plan is a type of retirement arrangement that enables an employer or business owner to distribute to employees a portion of the company's profits equal to up to 25% of the payroll. Any size employer may adopt the plan, and the amount to be set aside each year is entirely up to the employer. Profit-sharing programs have the drawback of preventing employees from understanding how their own efforts and decisions affect the company's profitability.To learn more about Profit-sharing plan refer to:
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What does the degree of operating leverage represent.
Answers
It shows how much a company's operating income changes in response to a change in sales.
Hope this helps!
-Daisuke
Jobs that require lower level skills have better benefits, like health insurance, than jobs that require a college education. Please select the best answer from the choices provided T F
Answers
Answer:
False, jobs requiring a higher level of education have more benefits than jobs that require minimal education.
Answer: f
Explanation:
What is a negative externality
Answers
Answer:
exists when a production or consumption of a product results in a coast of third party
For economics class the answer is : Negative externalities occur when the social cost of a good or service is higher than the private cost.
:)
Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for synching the processes of his plant with the standards set at the company's headquarters. He sends weekly updates of raw material requirements to the purchase division at the headquarters. He also connects the company's human resources department with the employees who work in his plant. In this scenario, Bobby is most likely a _____. a. middle manager b. first-line manager c. top manager d. team leader
Answers
Answer:
a. middle manager.
Explanation:
In this scenario, Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for synching the processes of his plant with the standards set at the company's headquarters. He sends weekly updates of raw material requirements to the purchase division at the headquarters. He also connects the company's human resources department with the employees who work in his plant. In this scenario, Bobby is most likely a middle manager.
A middle manager refers to an individual who acts as an intermediary between the executive management and the employee working with the company.
How can buisness decision affect the local community??
Answers
Answer:
Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.Local businesses pay local taxes, bolstering the city revenue available for improvements to roads, schools, and area green spaces. When shoppers spend their money locally, the taxes they pay benefit their community and better their own lives. Shopping online, for example, may not keep tax revenue local.
Help ASAP!!!! What is the most-possible answer?
Answers
Answer:
Community and junior colleges.
Explanation:
I don't know if im too correct but if i am, mark me brainliest?:)
Answer:
D - Collages
Explanation:
That is the only thing I know that gives degrees
what do i say to "tell me about yourself" in a job interview
(20 pts)
Answers
Answer:
1- Mention past experiences and proven successes as they relate to the position. ...
2- Consider how your current job relates to the job you're applying for. ...
3- Focus on strengths and abilities that you can support with examples. ...
4- Highlight your personality to break the ice.
Explanation:
Present: Talk a little bit about what your current role is, the seope of it, and perhaps a
big recent accomplishment.
- Past: Tell the interviewer how you got there and/or mention previous experience that's
relevant to the job and company you're applying for.
• Future: Segue into what you're looking to do next and why you're interested in this gig
(and a great fit for it, too).
You are Anil Gupta residing at 158, Vasu Nagar, Baranagar, Write a letter to your friend inviting him to your birthday party.
Answers
The letter to my friend inviting him to my birthday party is given below:
The LetterDear [Friend's Name],
I hope this letter finds you in the best of health and spirits. As you already know, my birthday is coming up, and I would like to invite you to my party.
The party is on [Date] at [Time] at my residence, 158, Vasu Nagar, Baranagar. We have planned a lot of exciting activities, music, and delicious food to celebrate the occasion.
Your presence at my birthday party would make me very happy, and I hope that you will be able to attend. Please let me know if you will be able to make it so that we can make the necessary arrangements.
Looking forward to your response and hoping to see you soon.
Warm Regards,
Anil Gupta
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which of the following is the final step in the decision making process?
a. identify organizational objectives
b. gather feedback to find out if the problem is solved
c. implement the selected alternative
d. select the most beneficial alternative
e. list alternative solutions
Answers
The final step in the decision-making process is the implementation of the selected alternative. The main answer is option C. It is because the other options are also important steps in the process, but they occur before the are of implementation stage.
The decision-making process involves a series of steps that aid in making a choice. This process involves identifying a problem or situation, collecting information, analyzing data, and making a decision. After making a decision, the final step is implementing the selected alternative of the options. Identify organizational objectives: This is the first step in the decision-making process. This step involves identifying the goal or objectives of the organization that a decision must support. b. Gather feedback to find out if the problem is solved
This step occurs after the implementation of the solution. It involves gathering feedback to evaluate if the solution was successful in solving the problem.c. Implement the selected alternative: This is the final step in the decision-making process. This step involves putting the chosen alternative into action.d. Select the most beneficial alternative: This is the stage of the decision-making process that involves choosing the best alternative to implement.e. List alternative solutions: This step occurs after identifying the problem. It involves generating a list of potential solutions to the problem.
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