Top Posters
Since Sunday
s
3
3
d
3
s
2
c
2
G
2
y
2
t
2
2
k
2
j
2
e
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
nakungth nakungth
wrote...
Go to Answer
Posts: 1175
Rep: 3 0
6 years ago
Laura's internet services has the following short-run cost curve: C(q, K) =   + rK where q is Laura's output level, K is the number of servers she leases and r is the lease rate of servers.  Laura's short-run marginal cost function is: MC(q, K) =  .  Currently, Laura leases 8 servers, the lease rate of servers is $15, and Laura can sell all the output she produces for $500.  Find Laura's short-run profit maximizing level of output.  Calculate Laura's profits.  If the lease rate of internet servers rise to $20, how does Laura's optimal output and profits change?
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 83 times
1 Reply
Replies
Answer verified by a subject expert
oracledarrenoracledarren
wrote...
#1
Posts: 455
Rep: 15 1
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 140 words.
1

Related Topics

nakungth Author
wrote...

6 years ago
Helped a lot
Mkersey12
wrote...

Yesterday
Good timing, thanks!
cartoon
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1000 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4468
  
 282
  
 80
Your Opinion
Where do you get your textbooks?
Votes: 447
Previous poll results: Which of the following is the best resource to supplement your studies: