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Discount stores for private labeling. Marginal cost is a constant $10 per tire, regardless of the sub-market in which the tire is sold. The firm has estimated the following demand curves for each of the markets.
QB = 70 - 2000PB (brand name)QP = 20 - 5000PB (private label).
Quantities are measured in thousands per month and price refers to the wholesale price. American currently sells brand name tires at a wholesale price of $28.50 and private label tires for a price of $17. Are these prices optimal for the firm?
Consider the difference between the New Classical and Keynesian model regarding macro policy. What is the driving force creating growth in the economy in each model Why does each one say that item creates growth Explain
What is the Marginal Rate of Technical Substitution between labor and capital and what is the least cost method of producing the target level of output
Why is mutual interdependence important under oligopoly, but not so important under perfect competition, monopoly or monopolistic competition?
Derive the firm's supply curve, expressing quantity as a function of price. Derive the market supply curve if the company is one of 200 competitors. Compute market supply per week at a market price of $25 per rack delivered and serviced.
Explain the circumstances in which a monopolist may encounter a free rider problem and determine the senses in which a perfectly-discriminating monopolist is efficient or inefficient.
What is predatory behavior What does it mean to sell below cost How might predatory behavior be camouflaged in advertising or some other action by the firm When might selling below costs as you defined it
why cant all the balance of payments accounts be in surplus? what factors determine the demand for british pounds in
choose and research a specific business that is publicly traded where there has been a pattern of change in a
June 26 2008 - A recent opinion through Opinion Research Corporation found that many United States businesses are missing out on vital feedback and ideas from their own workforces.
The price at point a is $70 and the price at point c is $10 per bag. The price at point d is $49 and the price at point e is $24 per bag. The price at point f is $48 and the price at point g is $13 per bag.
Find out the firm's optimal quantity, price, and profit (1) by using the profit and the marginal profit equations and (2) by setting MR equal to MC. Also provide a graph of MR and MC.
You need to analyze for a hypothetical example whether John Deere should use Technology 1 (Own Production), Technology 2 (Versatile), or whether it should stop producing four-wheel-drive tractors based on the quantity the company predicts it woul..
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