How many ads will the clubs want to purchase as a group

Assignment Help Microeconomics
Reference no: EM13670296

Each of 50 golf clubs in the Niagara Region has a demand for generic advertising of Q = 200 - P. Ads cost $3000 each. How many ads will the clubs want to purchase as a group?

Reference no: EM13670296

Questions Cloud

Global competitiveness report : You can use a specific country or speak in general terms that apply to any nation seeking to become more competitive.
Supply and demand concepts : Supply and Demand Concepts
Describing how currency exchange rates are determined : Describing how currency exchange rates are determined in markets.
Why different economic sectors would perform differently : Sector rotation is quite an important strategy and is used extensively by professional portfolio managers. Do you have any ideas why different economic sectors would perform differently at different stages of the economic cycle?
How many ads will the clubs want to purchase as a group : Each of 50 golf clubs in the Niagara Region has a demand for generic advertising of Q = 200 - P. Ads cost $3000 each. How many ads will the clubs want to purchase as a group?
John parker nosey works for the canada revenue agency : Multiple choice. John Parker Nosey works for the Canada Revenue Agency
Demonstrates knowledge of finance : Stock Prices, News, and Business Conditions - Demonstrates knowledge of finance to explain the author's results/conclusions.
Would us$ depreciate or appreciate : Would US$ depreciate or appreciate
Which outcomes are pareto efficient : Which outcomes are Pareto efficient?

Reviews

Write a Review

Microeconomics Questions & Answers

  If the product price is 4 per unit and the price of the

if the product price is 4 per unit and the price of the factor of production is 80 per unit the profit-maximizing

  Suppose that the business is visible and important member

suppose that the business is visible and important member of the community. would government encourage decision to

  Will the internet promote competition or cartelization

The extra flow of information through the Internet is likely to work to the benefit of buyers, pushing prices down. But in Web-based exchanges where there are only a few seller and many buyers

  Define average total cos

profit = (quantity of output) x (price - average total cost), marginal revenue = (change in total revenue)/(quantity of output).

  Examples of market structures

Give a specific example for each ( US Companies ). Which one is better market from the stand point of producers? Which one is better market on the stand point of consumers?

  Long-run profit-perfectly competitive market

For Profit Labs, Inc. (FPL) is a private laboratory that does only routine blood count. With total assets of $8 million last year, FPL took in $3 million in revenue and had expenses of $2 million. The average firms in other industries make a retur..

  Describe the probable effects which making the system more

a waiter takes an order at a table and then enters it online via one of the six terminals located in the restaurant

  Determine size of labor force in the united states for

suppose nominal gdp in 1999 was 100 billion and in 2001 it was 270 billion. the general price index in 1999 was 100 and

  Plot the marginal revenue and marginal cost curves

Plot the marginal revenue and marginal cost curves and is the industry the firm operates in competitive? Is the industry in long-run equilibrium?

  Assume dave invested only 20000 of his own money and

dave bought a rental property for 200000 cash. one year later he sold it for 240000.a- what was the return on his

  Explain how will you arrive at pricing decisions for the

for this project you are required to create a fictitious business and describe your industry costs market type pricing

  Should company continue regular operations halt operations

your company is currently engaged in business activities both nationally and internationally. a country you are

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