Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A monopolist produces a single homogeneous good, which he sells in two marketplace between which discrimination is possible. His total cost function is:TC = Q3 /3 - 40Q2 + 1800Q + 5000where annual total cost is in dollars and annual output in tons. The demand curves in the two markets are given by the equationsq1 = 320 - 0.4 p1 andp2 = A - Bq2The monopolist achieves a profit-maximizing equilibrium at which his total output (Q = q1 + q2) is 60 tons per annum and his annual pure profit is $5,000.(a) What is the marginal cost at the profit maximizing output?(b) What are the values of q1 and p1 at this output?(c) What are the values for total cost and total revenue at this output?(d) What are the individual values for total revenue in each of the markets?(e) Having calculated all of the above, it is now easy to calculate the values for A and B in equation p2 .What are these values?
Suppose ZCorp has following short run production function Q = 50X - 2X^2 where X is the only variable input used by ZCorp to product its product, Q.
Linear programming is a mathematical technique used to determine the optimal solutions to certain specific problems.
Suppose a company employs 10 workers and pays each $15 per hour. Further assume that the MP of the 10th worker is five unit of output and that the price of output is $4.
The manufacturer of high quality flatbed scanners is trying to decide what price to set for product. The cost of production and the demand for product are assumed to be as follows:
Today's Friday night, and you are just about to leave your room to attend a party. However, a copy of New York Times catches your eye.
Estimate the price of a stock that has a one-period horizon, is expected to pay a dividend of $.20 per share for period,
QopyQat specializes in printing business cards and resumes, using latest laser technology. After examine the business, manager has decided that weekly demand can be approximated;
A company under monopolistic competition faces the demand curve: P = 500 - 12.5Q. The company's marginal cost is MC = 200 + 5Q.
The Alex Corporation uses two inputs, A and B, to produce boats. The production function for boats is given through
Use the following information for a company's output at various levels of employment to compute: its marginal physical product of labor schedule; its schedule,
Suppose a company that uses two inputs. The quantity used of input 1 is denoted by x_1 and the quantity used of input 2 is denoted through x_2.
Assume that the demand for a gas station is given as PD = 2.06 - .00025QD. The marginal cost is $1.31 per gallon. At his current $1.69 price,
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd