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In microeconomics, industrial organization is the field which describes the behavior of firms in the marketplace with regard to production, pricing, employment and other decisions. Topics in this field range from classical issues such as opportunity cost to neoclassical concepts such as factors of production. From Wikipedia under the
GNU Free Documentation License  cbiointl.com 207px x 328px | 86.90kB [source page] Feedstock Feedstock pricing comprises the majority of the production costs for biodiesel accounting for 65 to 75 of the overall cost per gallon Meanwhile the other components usually alcohol and  copytec.net 132px x 175px | 45.10kB [source page] Silk Screen printing Have your generic Corporate design printed in up to 5 colours many options available with flexible pricing for different titles eliminating mastering costs and individual film or  newlearner.com 274px x 346px | 25.50kB [source page] with low costs could potentially enjoy massive profits indefinitely because they have the ability to restrict supply and thus keep their prices above their average total costs Socially Optimum Pricing within a Monopoly From Yahoo Image Search: "Production, costs, and pricing"  newskh.wordpress.com newskh hu, 23 Jul 2009 08:26:54 GM Prices. are determined by as much by the balance between supply and demand as by . costs. of . production. . This can be readily seen by considering the crude oil . price. movement since January 2004 (Figure 2). The . price. more than quadrupled by ...  theoildrum.com Gail the Actuary hu, 23 Jul 2009 13:30:40 GM a utility can (a) allow it to dump power on the grid free to the utility, or (b) install a 'net meter' that pays the homeowner at their current rate by allowing the meter to run backwards during times of excess . production. . ... The opportunity to revolutionize electricity delivery and . cost. at reasonable . prices. has jump started the Smart Meter industry. But it is not cheap. SCE's $1.6 billion rollout of Smart Meters will cover its entire service territory at about the ...  lookatvietnam.com admin hu, 23 Jul 2009 02:06:06 GM This causes difficulties in . production. and in building a common trade name. If . production. households shared techniques, they would cut . production costs. by 10 to 15 per cent. This would raise efficiency for not only each household, ... Since the end of last year, illegal traders have been taking advantage of the difficult situation to raise the . price. of materials for . production. households. They plead hardships such as transportation difficulties and ask these households to ... From Google Blog Search: "Production, costs, and pricing"  news.google.com MiamiHerald.com In international trade, dumping refers to a company selling its merchandise abroad either at prices below production costs or for less than it would have ... and more » news.google.com Business Wire (press release) These statements are based on assumptions concerning commodity prices , existing market conditions, scheduling, drilling and completion results and costs and ... and more » news.google.com National Journal And third we need price signals not just on fuel costs , as a carbon tax would do, but also on purchases of new vehicles and other energy equipment, ... and more » From Google News Search: "Production, costs, and pricing" Could we reduce corn planting density to lower costs, reduce production and increase prices? Q. I notice at Living History Farms field corn planting density has gone up over several decades resulting in more production. Reducing production could eliminate the need for price supports and allow us to pay the real cost of our food. Asked by heinsight - Sat May 31 23:32:00 2008 - - 1 Answers - 0 Comments A. 1. The problem today, and for the foreseeable future, is that food prices are too high, not too low. And in the developing countries, that means grain prices are too high, not just the cost of processed foods. 2. In the developed countries, most of the money you pay for food does not go to the farmers but to all the intermediaries. I don't know what you consider to be the "real cost of our food" but price supports have very little effect on prices consumers see. 3. If your proposal is to eliminate the need for price supports by having farmers grow less, then you have a major problem in your accounting. If prices go up because there is less food available, then each farmer gets less too, because though the price per bushel may go up, the… [cont.] Answered by simplicitus - Tue Jun 3 00:59:23 2008 Production Costs Question... Marginal Cost, Revenue Functions...etc. help please? Q. Consider a firm who faces the following demand curve: P = 1,200 - 4q (where q is the quantity of output). The firm also has production costs C(q) = 1,000 + 2q2 a. Find the firms total revenue function R(q) b. Find the marginal cost and revenue functions C'(q) and R'(q) c. FInd the firm's profit function (q) d. Find the firm's profit maximizing price and quantity. (use '(q) = 0) What is the firm's maximum level of profit. Asked by John - Sat Dec 6 15:13:32 2008 - - 1 Answers - 0 Comments A. a) Revenue = (units sold)(price) R(q) =qp = q (1200-4q)= 1200q -4q^2 b) c(q) =1,000+2q^2 marginal cost function M(q) = 4q Marginal revenue function R'(q) = 1,200-8q c) Profit = revenue - cost (q) = (1,200q-4q^2)- (1,000+2q^2) (q)= 1,200q-4q^2-1,000-2q^2 (q)= -6q^2 +1200q-1000 d /dq = -12q+1200 =0 q=100 (profit maximizing quantity) P=1,200-4(100) = $800 (profit maximizing price) d^2 /dq^2 = -12 < 0, indicates the profit has been maximized. Answered by cidyah - Sat Dec 6 15:31:39 2008 Short and Long Run Production w/ Fixed Costs?
Q. Using the following production function Q=2E^1/3 K^1/3. The price of output is $5, the wage rate is $6, and the rental rate for capital is $2 per unit. Assume capital is a fixed cost. 1. (2) What is the short-run profit maximizing level of labor demand if K=80? 2. (1) What is the short-run quantity produced? 3. (2) What is the short-run elasticity of labor demand? 4. (2) What is the long-run profit maximizing level of labor demand and capital demand? 5. (1) What is the long-run quantity produced? 6. (2) What is the long-run elasticity of labor demand? I'm confused cause I don't know when to take the derivative of the PF and when not to. Asked by leternalistl - Mon Nov 26 14:21:34 2007 - - 1 Answers - 0 Comments A. In the short run K is fixed In the long run K is nor fixed. 1.- IM=CM (profit maximizing); IM= dI/dq; I=P*q; IM=P=5; CM=6 (short run); The system does not reach the condition IM=CM, then the level of production is zero. It means the company is not rentable. The level of labor demand is zero 2.- Q=0 3.- E(labor demand)= 0 (top limit) and infinitive (botton limit). Here you must apply the idea of limits.Really in the botton limit the value is not infinitive because there is a top given by the law of marginal production. You must determine this point using the function of production. 4.- In the long run: IM=5; CM=8; the level of labor demand and capital demand are zero. 5.- Q=0 6.- Infinitive In resume the business is not feasible given the… [cont.] Answered by CSI - Economics - Mon Nov 26 14:52:46 2007 From Yahoo Answer Search: "Production, costs, and pricing" |
