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07-22-2010, 08:09 PM
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#4651 | | Ask me about how I answered the question "How fat is TOO fat?"
Join Date: Apr 2005 Location: Vancouver
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bus 207 is retarded... :@
A perfectly competitive firm operates in the short-run with labor as its only variable factor. Its production function is:
Q = -L3 + 10L2 + 88L
where Q is output per week measured in tons and L is the number of workers employed. The weekly wage is $324 and the product sells for $3.24 per ton.
(a) At what weekly output is marginal cost equal to average variable cost?
(b) What is the minimum product price at which the firm will operate in the short-run?
(c) How many workers should the firm employ to maximize profits?
(d) Calculate the firm's point elasticity of demand for labor at the equilibrium in (c) above.
help anyone? i'm stuck on part A...
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Originally Posted by toyota86  the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though. | | 
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07-22-2010, 08:48 PM
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#4652 | | Everyone wants a piece of R S...
Join Date: Jan 2010 Location: Vancouver
Posts: 387
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| Quote:
Originally Posted by The_AK bus 207 is retarded... :@
A perfectly competitive firm operates in the short-run with labor as its only variable factor. Its production function is:
Q = -L3 + 10L2 + 88L
where Q is output per week measured in tons and L is the number of workers employed. The weekly wage is $324 and the product sells for $3.24 per ton.
(a) At what weekly output is marginal cost equal to average variable cost?
(b) What is the minimum product price at which the firm will operate in the short-run?
(c) How many workers should the firm employ to maximize profits?
(d) Calculate the firm's point elasticity of demand for labor at the equilibrium in (c) above.
help anyone? i'm stuck on part A... | the formula is AVC = W / APL and MC = W / MPL
once u get those number just plug and make it equal. you'll get L = 5 and Q = 565
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07-22-2010, 08:55 PM
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#4653 | | Ask me about how I answered the question "How fat is TOO fat?"
Join Date: Apr 2005 Location: Vancouver
Posts: 8,134
Thanked 4,130 Times in 1,142 Posts
Failed 1,392 Times in 247 Posts
| Quote:
Originally Posted by hsh4 the formula is AVC = W / APL and MC = W / MPL
once u get those number just plug and make it equal. you'll get L = 5 and Q = 565 | sorry i'm still a bit lost :/
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I'm so stance my roof rack got a roof rack
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db7 5AT - RIP Quote:
Originally Posted by toyota86 the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though. | | |
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07-22-2010, 09:04 PM
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#4654 | | Everyone wants a piece of R S...
Join Date: Jan 2010 Location: Vancouver
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MC = W / Marginal Product of Labour
AVC = W / Average Product of Labour
so its $324 = (324/ -L^2 + 10L +88)... solve for L then plug it into Q (you should get 565)
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07-22-2010, 09:11 PM
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#4655 | | Ask me about how I answered the question "How fat is TOO fat?"
Join Date: Apr 2005 Location: Vancouver
Posts: 8,134
Thanked 4,130 Times in 1,142 Posts
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| Quote:
Originally Posted by hsh4 MC = W / Marginal Product of Labour
AVC = W / Average Product of Labour
so its $324 = (324/ -L^2 + 10L +88)... solve for L then plug it into Q (you should get 565) | omfg, thanks 
__________________
I'm so stance my roof rack got a roof rack
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ Current
e92 335i 6MT FBO
e90 330i 6MT
Former
e46 330ci 5MT - RIP
uc1 5AT
em2 5MT
db7 5AT - RIP Quote:
Originally Posted by toyota86 the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though. | | |
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07-22-2010, 09:14 PM
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#4656 | | Everyone wants a piece of R S...
Join Date: Jan 2010 Location: Vancouver
Posts: 387
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Originally Posted by The_AK omfg, thanks | yo u wana check over answers after im done?
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07-22-2010, 09:27 PM
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#4657 | | Ask me about how I answered the question "How fat is TOO fat?"
Join Date: Apr 2005 Location: Vancouver
Posts: 8,134
Thanked 4,130 Times in 1,142 Posts
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| Quote:
Originally Posted by hsh4 yo u wana check over answers after im done? | yea i'm looking back at previous chapters now just to make sure i know whats going on, are you taking the class right now or did you already have it? I have Allan Matadeen :/ as Alphamale said in a earlier post, he will rape you
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I'm so stance my roof rack got a roof rack
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ Current
e92 335i 6MT FBO
e90 330i 6MT
Former
e46 330ci 5MT - RIP
uc1 5AT
em2 5MT
db7 5AT - RIP Quote:
Originally Posted by toyota86 the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though. | | |
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07-22-2010, 09:32 PM
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#4658 | | Everyone wants a piece of R S...
Join Date: Jan 2010 Location: Vancouver
Posts: 387
Thanked 285 Times in 52 Posts
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Originally Posted by The_AK yea i'm looking back at previous chapters now just to make sure i know whats going on, are you taking the class right now or did you already have it? I have Allan Matadeen :/ as Alphamale said in a earlier post, he will rape you |
haha ya im taking it w/ him right now. i actually thought this course is not too too hard. its kind of like a repeat of econ 103 and math 157 :S
pm me ur msn or smthg so we can check over answers  | |
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07-22-2010, 09:44 PM
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#4659 | | Ask me about how I answered the question "How fat is TOO fat?"
Join Date: Apr 2005 Location: Vancouver
Posts: 8,134
Thanked 4,130 Times in 1,142 Posts
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i see where the MC came from (end of lecture 6), i'll add you on msn as long as you don't spam it with porn etc.
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I'm so stance my roof rack got a roof rack
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ Current
e92 335i 6MT FBO
e90 330i 6MT
Former
e46 330ci 5MT - RIP
uc1 5AT
em2 5MT
db7 5AT - RIP Quote:
Originally Posted by toyota86 the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though. | | |
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07-22-2010, 09:46 PM
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#4660 | | Everyone wants a piece of R S...
Join Date: Jan 2010 Location: Vancouver
Posts: 387
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LOL just strictly 207
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07-22-2010, 09:48 PM
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#4661 | | The Shopaholic
Join Date: Dec 2007 Location: Vancouver
Posts: 1,777
Thanked 18 Times in 4 Posts
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Originally Posted by Splmash I'm thinking of finding a couple people to car pool with. Since gas and parking is a bitchhhh.
We can take turns driving or something. | No one touches my car. LOLZ 
__________________ Past baby::<31990 Taffeta White Acura Integra My baby<3::1998 Dark Emerald Pearl Honda Accord My current baby<3::2004 White Diamond Pearl Acura TL <3My Feedback (5-0-0) | |
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07-22-2010, 10:08 PM
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#4662 | | Ask me about how I answered the question "How fat is TOO fat?"
Join Date: Apr 2005 Location: Vancouver
Posts: 8,134
Thanked 4,130 Times in 1,142 Posts
Failed 1,392 Times in 247 Posts
| Quote:
Originally Posted by hsh4 LOL just strictly 207 | lol k pm sent
__________________
I'm so stance my roof rack got a roof rack
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ Current
e92 335i 6MT FBO
e90 330i 6MT
Former
e46 330ci 5MT - RIP
uc1 5AT
em2 5MT
db7 5AT - RIP Quote:
Originally Posted by toyota86 the guys over at lambo vancouver said there are 60-70 pre-orders already. don't quote me though. | | |
| | |
07-22-2010, 11:02 PM
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#4663 | | Need my Daily Fix of RS
Join Date: Feb 2006 Location: vancouver
Posts: 286
Thanked 30 Times in 15 Posts
Failed 8 Times in 4 Posts
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damn taking 302,buec333,410 and 342
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07-22-2010, 11:03 PM
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#4664 | | Need my Daily Fix of RS
Join Date: Feb 2006 Location: vancouver
Posts: 286
Thanked 30 Times in 15 Posts
Failed 8 Times in 4 Posts
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anybody getting kind of annoyed at the kid who keeps asking questions during 301 lecture?
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07-22-2010, 11:06 PM
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#4665 | | Banned (BBM)
Join Date: Sep 2009 Location: None
Posts: 3,135
Thanked 667 Times in 265 Posts
Failed 86 Times in 39 Posts
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^Yes, his questions/comments are rather obvious, and just seems like he is trying to suck up.
So far I could only get a spot in Econ 305 -_- , and got someone to save me a spot in crim315, hopefully I can get into econ342 by camping.
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07-22-2010, 11:17 PM
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#4666 | | Everyone wants a piece of R S...
Join Date: Jan 2010 Location: Vancouver
Posts: 387
Thanked 285 Times in 52 Posts
Failed 50 Times in 13 Posts
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anyone wanna reserve bus 336 for me? 1 seat left... ill buy them lunch lol
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07-22-2010, 11:27 PM
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#4667 | | Rs has made me the man i am today!
Join Date: Nov 2008 Location: Vancouver
Posts: 3,167
Thanked 3,992 Times in 961 Posts
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if it goes into waitlist, reserving a spot doesnt make a difference, cause it just goes to the 1st person on the list anyway.
but if you're taking BUS-336. TAKE IT WITH MICHAEL JOHNSON!!! this guy will make the course SO much easier. ppl in all the other 336 classes bitch about how tough the course is or how hard it is to understand the concepts, but michael johnson makes it actually enjoyable and easy to learn. he even has a game for you for one of the classes. you will never regret taking this course with him. in fact, he'll probably be one of your favorite profs.
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07-22-2010, 11:31 PM
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#4668 | | Everyone wants a piece of R S...
Join Date: Jan 2010 Location: Vancouver
Posts: 387
Thanked 285 Times in 52 Posts
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^ ya i forgot bout the waitlist thing shit.... enrollment on 26th and classes i want have little or are closed. gona be a bad sem
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07-22-2010, 11:34 PM
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#4669 | | Rs has made me the man i am today!
Join Date: Nov 2008 Location: Vancouver
Posts: 3,167
Thanked 3,992 Times in 961 Posts
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i always just check constantly for spots (even late at night), cause you never know when someone will drop it. sometimes i even wait a week or two into the sem b4 i get what i want.
dont worry, there will ALWAYS be people who drop courses. a shit load of ppl just register for courses first b4 they have actually decide what they want to take or whether they're even going to school next sem. you'll get in.
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07-23-2010, 01:34 AM
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#4670 | | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Feb 2005 Location: Richmond
Posts: 1,866
Thanked 360 Times in 154 Posts
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Originally Posted by azn_beef anybody getting kind of annoyed at the kid who keeps asking questions during 301 lecture? | that guys annoying as hell. i use to sit a few rows behind him till he got annoying as fuck. after that i moved up a few rows to avoid hearing his nasally gay voice
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07-27-2010, 10:01 AM
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#4671 | | RS controls my life!
Join Date: Jul 2007 Location: Vancouver
Posts: 714
Thanked 115 Times in 35 Posts
Failed 130 Times in 29 Posts
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is anyone familiar with co-op?? If you are going to do a SELF DIRECTED WORK TERM, you need to pay the $700-800 practicum fees too? wtf??
__________________ Quote:
Originally Posted by fishing666 I like penis. | Quote:
Originally Posted by ASG111 get the fuck out if you don't have anything productive to say. troll | Quote:
Originally Posted by fishing666 No seriously....I think I really enjoy penis. I think about it all the time. | | |
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07-27-2010, 10:44 AM
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#4672 | | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Aug 2006 Location: Vancouver
Posts: 1,599
Thanked 492 Times in 125 Posts
Failed 104 Times in 21 Posts
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Originally Posted by azn_beef anybody getting kind of annoyed at the kid who keeps asking questions during 301 lecture? | Lol that guy was in my 290 class and he would do the same thing. Apparently he's dyslexic so maybe that has something to do with it.
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07-27-2010, 04:36 PM
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#4673 | | look at these diamonds, they shining
Join Date: Apr 2008 Location: Vancouver
Posts: 2,800
Thanked 1,813 Times in 553 Posts
Failed 634 Times in 127 Posts
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2 more years till i can get out of the shithole that is called sfu
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07-27-2010, 05:12 PM
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#4674 | | Hopeless Romantic
Join Date: Sep 2006 Location: Surrey
Posts: 2,544
Thanked 989 Times in 232 Posts
Failed 12 Times in 7 Posts
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^ lol.
Anybody taking more 200 level business classes next semester?
Anyone ever taken english 199? I need a nothing writing class and nothing else seems very interesting...
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07-27-2010, 07:13 PM
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#4675 | | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Jul 2008 Location: vancouver
Posts: 1,523
Thanked 139 Times in 82 Posts
Failed 10 Times in 3 Posts
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^ what are you taking jtanner?
buec 232 is a guranteed for me
probably bus 237 or kin 140 if i can get in. then probably english
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