Determining the demand for the robot

Assignment Help Business Management
Reference no: EM131108133

Suppose that Firm A and Firm B are two of the largest producers of a special pool-cleaning robot. Suppose that the marginal cost of making such a robot is constant at $1,500 per unit and there is no start-up cost. The demand for the robot is described by the following table.

Price

Quantity

TR(Millions)

MR

MC (Millions)

TC

Profit

   $8,500

5,500

46.75

0

0



7,500

6,500

48.75

2 million

1.5



6,500

7,500

48.75

0

1.5



5,500

8,500

46.75

2 million

1.5



4,500

9,500

42.75

4 million

1.5



3,500

10,500

36.75

6 million

1.5



2,500

11,500

28.75

6 million

1.5



1,500

12,500

18.75

10 million

1.5



Reference no: EM131108133

Questions Cloud

Commercial off-the-shelf packages : The current IT trend is to purchase COTS packages instead of developing components in-house from scratch. While this approach has many benefits, it also poses unique challenges.
Prepare journal entries relating to the stock option plan : Prepare journal entries relating to the stock-option plan for the years 2010, 2011, and 2012. Assume that the employee performs services equally in 2010 and 2011.
Calculate the torque that the footleg system undergoes : What occurs to the blood vessels when a healthy persons continues to increase their elevation, such as driving through a mountainous region? Explain in detail, using illustrations and such. Explain what would happen if someone is suffering from ar..
Which form of payment should it choose : Simes Innovations, Inc., is negotiating to purchase exclusive rights to manufacture and market a solar-powered toy car. The car's inventor has offered Simes the choice of either a one-time payment of $1,500,000 today or a series of five year-end paym..
Determining the demand for the robot : Suppose that the marginal cost of making such a robot is constant at $1,500 per unit and there is no start-up cost. The demand for the robot is described by the following table.
Prepare the entry to record the issuance of the bonds : Assume the same facts as part (a), except that the warrants had a fair value of $20. Prepare the entry to record the issuance of the bonds and warrants.
Calculate the difference between the price today : Assignment: Download some futures prices with at least 6 expirations, and 6 call option prices on the same underlying. Data are available, for example, from the CME-NYMEX website. Then answer the following questions.
Utilize a dynamic pricing model : Ride hailing services utilize a dynamic pricing model. Using supply and demand tools (you don't have to actually show the graphs... but they may help you on scratch paper)
Who was the black educationist : Who was the black educationist who was born a slave but became aleader in the search for civil rights in the early 1900s

Reviews

Write a Review

Business Management Questions & Answers

  Personal learning style evaluation exampleexplain your

personal learning style evaluation exampleexplain your personal learning style. describe how you could change your

  Desiree is reluctant to take a promotion

Desiree is reluctant to take a promotion because it involves moving. She knows little about the area she would be living in. According to the text, the most likely reason for such employee resistance to change?

  Instructional design and performance management

Explain the purpose of training objectives -explain how training objectives align with course outcomes.

  Business cycleswhy do you think it will be an interesting

business cycleswhy do you think it will be an interesting focus for anyone to conduct economic analysis on the coca

  Who are stakeholders that industry serves in your example

List the website(s) that you previewed and give examples to support your answers. Who are the stakeholders that the industry serves in your examples?

  Question related to organizational performancethe major

question related to organizational performancethe major topic is organizational performance. i have a subsection which

  Illustrate what effectiveness approach would you prefer

In a recent survey of 250 internet users, 150 said which they pay bills online. At the 5% level of significance, test whether the proportion of internet users paying bills online is now more than 50%.

  Developing a proposal for customer needsto answer the

developing a proposal for customer needsto answer the following questions perform an internet search for sample

  Description - effect of properimproper communication

description - effect of properimproper communication channelsdsecribe a scenario where a manager selected a proper

  Define two advantages to providing timely performance

Define two advantages to providing timely performance feedback to employees. Introduce two instances of possible repercussions of not providing employees with performance feedback in a timely manner.

  Published data designates that in mid-level management

Published data designates that in 2008 mid-level management travellers spent an average of $381 per day with a standard deviation of $47 when they were in Chicago on business.

  Explain how the attacks affected risk management

Explain how the attacks affected risk management in organizations and have prompted an increased justification for recovery-based objectives, initiatives, and expenditures

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