SlideShare une entreprise Scribd logo
1  sur  1
Suppose the marginal cost of writing a contract of length L is MC ( L ) = 20 + 5 L . Find the
optimal contract length when the marginal benefit of writing a contract is:
Instruction: Enter your responses rounded to two decimal places.
a. MB ( L ) = 90.
b. MB ( L ) = 140.

Contenu connexe

Plus de noreendchesterton753

Sunspot Beverages- Limited- of Fiji uses the weighted-average method i.docx
Sunspot Beverages- Limited- of Fiji uses the weighted-average method i.docxSunspot Beverages- Limited- of Fiji uses the weighted-average method i.docx
Sunspot Beverages- Limited- of Fiji uses the weighted-average method i.docxnoreendchesterton753
 
Sunland Company has the following data-Compute total manufacturing cos.docx
Sunland Company has the following data-Compute total manufacturing cos.docxSunland Company has the following data-Compute total manufacturing cos.docx
Sunland Company has the following data-Compute total manufacturing cos.docxnoreendchesterton753
 
Successful negotiating includes some kind of manipulation in order to.docx
Successful negotiating includes some kind of manipulation in order to.docxSuccessful negotiating includes some kind of manipulation in order to.docx
Successful negotiating includes some kind of manipulation in order to.docxnoreendchesterton753
 
Subsidiary holds an allocated net operating loss (NOL) when it leaves.docx
Subsidiary holds an allocated net operating loss (NOL) when it leaves.docxSubsidiary holds an allocated net operating loss (NOL) when it leaves.docx
Subsidiary holds an allocated net operating loss (NOL) when it leaves.docxnoreendchesterton753
 
Substances that dissolve readily in water are termed hydrophilic- They.docx
Substances that dissolve readily in water are termed hydrophilic- They.docxSubstances that dissolve readily in water are termed hydrophilic- They.docx
Substances that dissolve readily in water are termed hydrophilic- They.docxnoreendchesterton753
 
subject FASHION The combination of which Roman terms most closely co.docx
subject FASHION   The combination of which Roman terms most closely co.docxsubject FASHION   The combination of which Roman terms most closely co.docx
subject FASHION The combination of which Roman terms most closely co.docxnoreendchesterton753
 
Styling Conventions By only changing the case of some of the letters-.docx
Styling Conventions By only changing the case of some of the letters-.docxStyling Conventions By only changing the case of some of the letters-.docx
Styling Conventions By only changing the case of some of the letters-.docxnoreendchesterton753
 
Students spend an average of $520 each semester on textbooks- Suppose.docx
Students spend an average of $520 each semester on textbooks- Suppose.docxStudents spend an average of $520 each semester on textbooks- Suppose.docx
Students spend an average of $520 each semester on textbooks- Suppose.docxnoreendchesterton753
 
Species interactions determine an organism's fundamental niche- True F.docx
Species interactions determine an organism's fundamental niche- True F.docxSpecies interactions determine an organism's fundamental niche- True F.docx
Species interactions determine an organism's fundamental niche- True F.docxnoreendchesterton753
 
Spongy moths- Lymantria dispar- have four life cycle stages- egg- cate.docx
Spongy moths- Lymantria dispar- have four life cycle stages- egg- cate.docxSpongy moths- Lymantria dispar- have four life cycle stages- egg- cate.docx
Spongy moths- Lymantria dispar- have four life cycle stages- egg- cate.docxnoreendchesterton753
 
SPSS output of a binomial probability distribution with succes probabi.docx
SPSS output of a binomial probability distribution with succes probabi.docxSPSS output of a binomial probability distribution with succes probabi.docx
SPSS output of a binomial probability distribution with succes probabi.docxnoreendchesterton753
 
Starting on the day Holly was born- her mother has invested $30 at the.docx
Starting on the day Holly was born- her mother has invested $30 at the.docxStarting on the day Holly was born- her mother has invested $30 at the.docx
Starting on the day Holly was born- her mother has invested $30 at the.docxnoreendchesterton753
 
Steve Ballmer organized government spending data on the basis of four.docx
Steve Ballmer organized government spending data on the basis of four.docxSteve Ballmer organized government spending data on the basis of four.docx
Steve Ballmer organized government spending data on the basis of four.docxnoreendchesterton753
 
Since most of a tree trunk is xylem- most of a tree trunk is not alive.docx
Since most of a tree trunk is xylem- most of a tree trunk is not alive.docxSince most of a tree trunk is xylem- most of a tree trunk is not alive.docx
Since most of a tree trunk is xylem- most of a tree trunk is not alive.docxnoreendchesterton753
 
Stabilizing selection acting on a trait in a population always results.docx
Stabilizing selection acting on a trait in a population always results.docxStabilizing selection acting on a trait in a population always results.docx
Stabilizing selection acting on a trait in a population always results.docxnoreendchesterton753
 
Smugglers use a variety of -technologies- to evade detection- Describe.docx
Smugglers use a variety of -technologies- to evade detection- Describe.docxSmugglers use a variety of -technologies- to evade detection- Describe.docx
Smugglers use a variety of -technologies- to evade detection- Describe.docxnoreendchesterton753
 
Stakeholders are groups that are influenced by and can influence the d.docx
Stakeholders are groups that are influenced by and can influence the d.docxStakeholders are groups that are influenced by and can influence the d.docx
Stakeholders are groups that are influenced by and can influence the d.docxnoreendchesterton753
 
Some species of bacteria including Bacillus subtilis and Clostridium t.docx
Some species of bacteria including Bacillus subtilis and Clostridium t.docxSome species of bacteria including Bacillus subtilis and Clostridium t.docx
Some species of bacteria including Bacillus subtilis and Clostridium t.docxnoreendchesterton753
 
Soil can be classified by its particle size (diameter)- a- Which type.docx
Soil can be classified by its particle size (diameter)- a- Which type.docxSoil can be classified by its particle size (diameter)- a- Which type.docx
Soil can be classified by its particle size (diameter)- a- Which type.docxnoreendchesterton753
 
Simplify as a single actuarial symbol- Thank you- Simplisy 0tPxAx+tdt.docx
Simplify as a single actuarial symbol- Thank you- Simplisy 0tPxAx+tdt.docxSimplify as a single actuarial symbol- Thank you- Simplisy 0tPxAx+tdt.docx
Simplify as a single actuarial symbol- Thank you- Simplisy 0tPxAx+tdt.docxnoreendchesterton753
 

Plus de noreendchesterton753 (20)

Sunspot Beverages- Limited- of Fiji uses the weighted-average method i.docx
Sunspot Beverages- Limited- of Fiji uses the weighted-average method i.docxSunspot Beverages- Limited- of Fiji uses the weighted-average method i.docx
Sunspot Beverages- Limited- of Fiji uses the weighted-average method i.docx
 
Sunland Company has the following data-Compute total manufacturing cos.docx
Sunland Company has the following data-Compute total manufacturing cos.docxSunland Company has the following data-Compute total manufacturing cos.docx
Sunland Company has the following data-Compute total manufacturing cos.docx
 
Successful negotiating includes some kind of manipulation in order to.docx
Successful negotiating includes some kind of manipulation in order to.docxSuccessful negotiating includes some kind of manipulation in order to.docx
Successful negotiating includes some kind of manipulation in order to.docx
 
Subsidiary holds an allocated net operating loss (NOL) when it leaves.docx
Subsidiary holds an allocated net operating loss (NOL) when it leaves.docxSubsidiary holds an allocated net operating loss (NOL) when it leaves.docx
Subsidiary holds an allocated net operating loss (NOL) when it leaves.docx
 
Substances that dissolve readily in water are termed hydrophilic- They.docx
Substances that dissolve readily in water are termed hydrophilic- They.docxSubstances that dissolve readily in water are termed hydrophilic- They.docx
Substances that dissolve readily in water are termed hydrophilic- They.docx
 
subject FASHION The combination of which Roman terms most closely co.docx
subject FASHION   The combination of which Roman terms most closely co.docxsubject FASHION   The combination of which Roman terms most closely co.docx
subject FASHION The combination of which Roman terms most closely co.docx
 
Styling Conventions By only changing the case of some of the letters-.docx
Styling Conventions By only changing the case of some of the letters-.docxStyling Conventions By only changing the case of some of the letters-.docx
Styling Conventions By only changing the case of some of the letters-.docx
 
Students spend an average of $520 each semester on textbooks- Suppose.docx
Students spend an average of $520 each semester on textbooks- Suppose.docxStudents spend an average of $520 each semester on textbooks- Suppose.docx
Students spend an average of $520 each semester on textbooks- Suppose.docx
 
Species interactions determine an organism's fundamental niche- True F.docx
Species interactions determine an organism's fundamental niche- True F.docxSpecies interactions determine an organism's fundamental niche- True F.docx
Species interactions determine an organism's fundamental niche- True F.docx
 
Spongy moths- Lymantria dispar- have four life cycle stages- egg- cate.docx
Spongy moths- Lymantria dispar- have four life cycle stages- egg- cate.docxSpongy moths- Lymantria dispar- have four life cycle stages- egg- cate.docx
Spongy moths- Lymantria dispar- have four life cycle stages- egg- cate.docx
 
SPSS output of a binomial probability distribution with succes probabi.docx
SPSS output of a binomial probability distribution with succes probabi.docxSPSS output of a binomial probability distribution with succes probabi.docx
SPSS output of a binomial probability distribution with succes probabi.docx
 
Starting on the day Holly was born- her mother has invested $30 at the.docx
Starting on the day Holly was born- her mother has invested $30 at the.docxStarting on the day Holly was born- her mother has invested $30 at the.docx
Starting on the day Holly was born- her mother has invested $30 at the.docx
 
Steve Ballmer organized government spending data on the basis of four.docx
Steve Ballmer organized government spending data on the basis of four.docxSteve Ballmer organized government spending data on the basis of four.docx
Steve Ballmer organized government spending data on the basis of four.docx
 
Since most of a tree trunk is xylem- most of a tree trunk is not alive.docx
Since most of a tree trunk is xylem- most of a tree trunk is not alive.docxSince most of a tree trunk is xylem- most of a tree trunk is not alive.docx
Since most of a tree trunk is xylem- most of a tree trunk is not alive.docx
 
Stabilizing selection acting on a trait in a population always results.docx
Stabilizing selection acting on a trait in a population always results.docxStabilizing selection acting on a trait in a population always results.docx
Stabilizing selection acting on a trait in a population always results.docx
 
Smugglers use a variety of -technologies- to evade detection- Describe.docx
Smugglers use a variety of -technologies- to evade detection- Describe.docxSmugglers use a variety of -technologies- to evade detection- Describe.docx
Smugglers use a variety of -technologies- to evade detection- Describe.docx
 
Stakeholders are groups that are influenced by and can influence the d.docx
Stakeholders are groups that are influenced by and can influence the d.docxStakeholders are groups that are influenced by and can influence the d.docx
Stakeholders are groups that are influenced by and can influence the d.docx
 
Some species of bacteria including Bacillus subtilis and Clostridium t.docx
Some species of bacteria including Bacillus subtilis and Clostridium t.docxSome species of bacteria including Bacillus subtilis and Clostridium t.docx
Some species of bacteria including Bacillus subtilis and Clostridium t.docx
 
Soil can be classified by its particle size (diameter)- a- Which type.docx
Soil can be classified by its particle size (diameter)- a- Which type.docxSoil can be classified by its particle size (diameter)- a- Which type.docx
Soil can be classified by its particle size (diameter)- a- Which type.docx
 
Simplify as a single actuarial symbol- Thank you- Simplisy 0tPxAx+tdt.docx
Simplify as a single actuarial symbol- Thank you- Simplisy 0tPxAx+tdt.docxSimplify as a single actuarial symbol- Thank you- Simplisy 0tPxAx+tdt.docx
Simplify as a single actuarial symbol- Thank you- Simplisy 0tPxAx+tdt.docx
 

Dernier

ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxAreebaZafar22
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsTechSoup
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxVishalSingh1417
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17Celine George
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphThiyagu K
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Celine George
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfJayanti Pande
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.christianmathematics
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...christianmathematics
 
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...Shubhangi Sonawane
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAssociation for Project Management
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxVishalSingh1417
 
psychiatric nursing HISTORY COLLECTION .docx
psychiatric  nursing HISTORY  COLLECTION  .docxpsychiatric  nursing HISTORY  COLLECTION  .docx
psychiatric nursing HISTORY COLLECTION .docxPoojaSen20
 
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...KokoStevan
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 

Dernier (20)

INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptxINDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 
psychiatric nursing HISTORY COLLECTION .docx
psychiatric  nursing HISTORY  COLLECTION  .docxpsychiatric  nursing HISTORY  COLLECTION  .docx
psychiatric nursing HISTORY COLLECTION .docx
 
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 

Suppose the marginal cost of writing a contract of length L is MC(L) -.docx

  • 1. Suppose the marginal cost of writing a contract of length L is MC ( L ) = 20 + 5 L . Find the optimal contract length when the marginal benefit of writing a contract is: Instruction: Enter your responses rounded to two decimal places. a. MB ( L ) = 90. b. MB ( L ) = 140.