Find the perfect competition price and quantity

Assignment Help Business Economics
Reference no: EM13815759

The market demand is P=100-1.5Q and marginal & average costs are constant at 10 (MC=AC=10) find the monopoly price and quantity. find the perfect competition price and quantity. calculate profit, social welfare(consumer and producer surpluses), and dead weight loss in both situations. if a duopoly exists and produces quantity Q=50, calculate the price and profit of each firm

Reference no: EM13815759

Questions Cloud

Motivation concepts : Motivation Concepts
Calculate profit-social welfare and dead weight loss : The market demand is P=100-1.5Q and marginal & average costs are constant at 10 (MC=AC=10) find the monopoly price and quantity. Find the perfect competition price and quantity. Calculate profit, social welfare (consumer and producer surpluses), and ..
Job description and recruiting strategies worksheet : Conduct an interview with someone who has a career or job position that is different from your own. Identify the duties associated with his or her position
What steps will you take to properly prepare your witness : What steps will you take to properly prepare your witness for cross examination? Prepare a 2 page brief outlining the steps necessary to successfully prepare your witness for testifying and what pitfalls they will face while on the stand and duri..
Find the perfect competition price and quantity : The market demand is P=100-1.5Q and marginal & average costs are constant at 10 (MC=AC=10) find the monopoly price and quantity. find the perfect competition price and quantity. calculate profit, social welfare(consumer and producer surpluses), and d..
What is attention deficit hyperactivity disorder : What is Attention Deficit Hyperactivity Disorder
Initial capital equipment-break even : A city has decided to build a softball complex and the city council has already voted to fund the project at the level of $800,000 (initial capital equipment). The city engineer has collected the following financial information for the complex projec..
Which of belligerents in ww-i possessed a workable strategy : Which of the belligerents in World War I possessed a more workable strategy (set of war aims), the Central Powers or the Allies? Please be sure to support your answer by referencing specific nations in either group.
Research the history of the coroner system : Research the history of the coroner system and the medical examiner system. When and where were the systems introduced to the United States

Reviews

Write a Review

Business Economics Questions & Answers

  Elucidate what the justice department argued

Elucidate what the Justice Department argued that the merger would lessen competition and raise prices of business software. Is there an economic argument that the merger might actually result in lower prices.

  What is the equilibrium price and quantity-producer surplus

Assume the demand for balloons is P=40-2Q. The supply is P=3Q. What is the equilibrium price and quantity? What is producer surplus? What is the consumer surplus?

  Projects average accounting return

You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $17 million, which will be depreciated straight-line to zero over its 4-year life. If the plant has projected net ..

  Data-plotting tool will automatically connect

The data-plotting tool will automatically connect the points with a line.

  What is the present worth of the costs for a time period

If the cost for the first semiannual period is expected to be $85, what is the present worth of the costs for a 4-year time period at an intrest rate of 1% per month?

  Write a paper about any topic in demographic transition

Write a paper about any topic in Demographic Transition in Developing Countries.

  For any given level of output

For any given level of output:

  Largest distillers of premium scotch liquor

Based on some economists' definition of the relevant market, the two firms proposing to merge enjoyed a combined market share of about two-thirds, while another firm essentially controlled the remaining share of the market.

  Conduct sensitivity analysis based

A new online patient diagnostics system for surgeons will cost $200,000 to install, $5,000 annually to maintain and have an expected life of 5 years. The revenue is estimated to be $60,000 per year. The MARR is 10%. Conduct sensitivity analysis based..

  Q1 during the late 1980s wool prices increased considerably

q1. during the late 1980s wool prices increased considerably due in part to increased demand by china and the former

  Explain residual plot where you find any problem

Plot residual by time and explain residual plot where you find any problem. Do we violate any 7 assumptions of OLS. If so, what are consequences.

  Compute the price and quantity of equilibrium in country

Compute the price and quantity of equilibrium in each country when both country A and country B are closed economies.

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