Question No. 1 Data of Face book users is in the table. Forecast by using specific examples, that how given data can influence the demand for multiple products?

Number ofactive users 500 m

% of users logging in per day 50%

Number of users accessing Face book via mobile devices 200 mNumber of users who engage with Face book on external 150 mwebsites each month

Number of friends per user 130

Minutes spent per month by all users 700 b

Pieces of content made each month per users 90

Users outside the USA 70%

Face book user data (2010)

Question No. 2Tech Computing & Co. has the following costs statement:TC = 256 + 128Q + 8Q

Identify the fixed, variable and marginal costs. Does the cost structure represent a short-run or long-run cost structure? Why?

Question No. 3The market department of Company recommends manufacture and market a new school bag. The financial department provides the following cost function C = 600 + 120 xwhere 600 is the estimated fixed costs and the estimated variable cost is120 per bag. The revenue function: R= 15 + 0.005x². Find the marginal cost (MC) and marginal revenue (MR) functions.