Calculating company total revenue

Assignment Help Managerial Economics
Reference no: EM1372234

A company is practicing 1st degree price discriminaiton. The demand for the company's product is defined as QD = 20-2P. If the firm maximizes profits by selling 4 unites of output and the product is infinately divisible what is the company's total revenue?

Reference no: EM1372234

Questions Cloud

Explain normal form is denormalized table : Which field or fields cause a table to no longer be in third normal form? In which normal form is denormalized table?
Explain why monopolistically competitive firms frequently : Explain why monopolistically competitive firms frequently prefer non-price competition to price competition.
What is the new pressure in tank : A car was seen driving off the edge of a cliff at an angle of 10 ° above the horizontal. The cliff is 95m high and the car impacted the ground at a distance of 156m from the base of the cliff. What is the speed of the car.
Types of non-parental child care : Analyze three different types of non-parental child care. Examine the influences that non-parental childcare has on psychological, social and cognitive development.
Calculating company total revenue : A company is practicing 1st degree price discriminaiton. The demand for the company's product is defined as QD = 20-2P. If the firm maximizes profits by selling 4 unites of output
Explain diagnosing and troubleshooting excel-based problems : How does versatility of Excel affect application support? Because of its versatility, write assumptions should be made when diagnosing and troubleshooting Excel-based problems?
Explain underlying basis for foreign direct investment : Explain underlying basis for foreign direct investment and discuss several factors that may contribute to it. What factors have likely contributed to current U.S. net direct investment position.
Find at what temperature is waste heat exhausted : The third floor of a house is 7.00 m above street level. How much work is necessary to move a 143kg refrigerator to the third floor.
How do unions at gm and ford affect employment levels : Are unions good or bad for economy. How do unions at GM and Ford affect employment levels and wages How do unions affect or industries in terms of employment and wage levels.

Reviews

Write a Review

Managerial Economics Questions & Answers

  Find fixed inputs and variable inputs

Marty's Frozen Yogurt is a small shop that sells cups of frozen yogurt in university town. Marty have three frozen-yogurt machines.

  Determine the optimal package price

The American Baker's Association reports that yearly sales of bakery goods last year rose 15%, driven by a 50% increase in the demand for bran muffins

  Find the difference in profit-maximizing price

Explain why is advertising prevalent in many oligopolies, especially when industry demand is inelastic and illustrate your answer by supposing that with advertising, a company demand curve has price elasticity of -1.5 and without advertising,

  Prepare a marginal cost analysed income statement for 2014

Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.

  Coordination of the activities of a business

The organization and coordination of the activities of a business in order to achieve defined objectives.

  Determine the average product of capital

Assume the production function is given by Q = 4K + 8L. Determine the average product of capital when 10 units of capital and 5 units of labor are employed?

  Sales trend analysis

During the last ten-years, sales revenue has increased from 25 million to 65 million. Estimate the company's growth rate in sales using the constant growth model with annual compounding.

  Determine the total output

Two local ready mix cement manufacturers, Here and There, have combined demand given through Q = 105 - P. Their total expenses are given by TC = 5Q + 0.5Q2 and TC = 5Q + 0.5Q2.

  Impact of disaster on products price

Say there is a natural disaster which wipes out all of tomato plantation of one country. so there is a drastic increase in the price say from $6 to $15 a kilo

  Compute the optimal amount of capital and labor

Assume long run production for the company is indicated by, Compute the firm's optimal amount of capital and labor.

  Compute the firm annual net cash flows

The Taylor Mountain Uranium Corporation currently has yearly cash revenues of $1,200,000 and yearly cash expenses of $700,000.

  Relationship between productivity and the wages earned

Determine what is the relationship between productivity and the wages earned by an employee? What are some factors that determine the level of your income?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd