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eStone
Questions (5)
Consider a monocentric city in which the cost of commuting is $10 per mile per month. A household located eight miles from the
2 answers
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In a place rice growers burn their field to stabilize their fields the field burning causes pollution, the alternative
1 answer
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Posted by eStone on Sunday, March 29, 2009 at 5:47pm.
Suppose that a firm is currently employing 30 workers, the only variable
4 answers
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Suppose that a firm is currently employing 30 workers, the only variable input, at a wage rate of $60. The average product of
1 answer
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MC = 125 - 0.42Q + 0.0021Q^2
Given the estimated marginal cost function, what are the total, variable, and average cost
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674 views
Answers (2)
Wow! Economyst, thank you for explaining it! Now that I read and look at the numbers it makes more sense, I definitely have clarification. You made it seem so simple, I guess I just need to calm down and do what the equations say. I appreciate it, this is
No, it is not because when you plug in x for the first equation you get -1 as y, not 1. And for the second equation when you plug in 5 for x you get -1 again, not 1.
