Price the monopolist charges

Assignment Help Business Management
Reference no: EM131154688

A local video rental monopolist faces the weekly demand function D(P) = 1000 - 50P. The marginal cost of a rental is $1. Suppose the town government places a $1 tax on all video rentals. What effect will the tax have on the price the monopolist charges? What will be the pass-through rate?

Reference no: EM131154688

Questions Cloud

What is its total profit from juan : How does its total revenue from Juan under this two-part tariff compare to its total revenue from Juan when it sells Juan four cones, each priced at Juan's willingness to pay for it? What is its total profit from Juan?
Is a virus a living entity why or why not : Is a virus a living entity? Why or why not? Support your answer with ideas from the previous questions. If you define a virus as a living entity, what are the limits of life? Discuss what qualities must be present for something to be considered ali..
Monopsonist employer of nurses : The Happyland Hospital is a monopsonist employer of nurses in the small city of Happyland. The supply function of nurses is S(W) = 0.1W- 100, whereWis the nurses' weekly wage.
Describe health promotion and disease prevention methods : Describe health promotion and disease prevention methods used to address a given target population and a given health issue.
Price the monopolist charges : The marginal cost of a rental is $1. Suppose the town government places a $1 tax on all video rentals. What effect will the tax have on the price the monopolist charges? What will be the pass-through rate?
Voluntary production reduction program : The market demand and supply functions for corn are the same as question 1 Suppose the government wants to raise the price of corn to $3. What are the welfare effects of a price floor, price support, production quota, and voluntary production redu..
Discuss the african american narrative tradition : Discuss the African American narrative tradition using course readings. -  What are some of the major urban legends that have circulated within this tradition?
Attributable to aca reforms : U.S. health care spending grew slowly (just 3.9%) in the first year after the ACA was implemented. Do you think the slowdown is attributable to ACA reforms?
Explain college grade point average : In a multiple regression model using 400 students to explain college grade point average, the following explanatory variables and a constant term equal to 1 are initially included in the regression: high school GPA, ACT score, number of credits co..

Reviews

Write a Review

 

Business Management Questions & Answers

  Discuss the legal ramifications of situation

He also refused to take a drug test because he was afraid that a false positive would result in the state child protection agency taking away custody of his children. Discuss the legal ramifications of this situation.

  Define some content theories and process theories

Define some differences between content theories and process theories, include how these relate to validity and reliability.

  Challenges in risk management

Challenges in Risk Management - Examine the role of the risk manager in integrating the risk management program within the organization and ensuring compliance.

  Controls, strategic surveillance, and special alert controls

Discuss and e xplain the differences among implementation controls, strategic surveillance, and special alert controls.

  Interrelated problemswhen identifying a problem the

interrelated problemswhen identifying a problem the analysis may discover that the case may have more than one problem.

  Diffusion of innovation model

Apply Moore's model of adoption or the diffusion of innovation model (crossing the chasm) to discuss ways to overcome the market entry challenges faced by icebreaker.

  Restructure of compensation for production employees

What challenges did you have aligning compensation strategy with organizational strategy and what aspects of your proposal do you think your Director or the CEO will support vs. reject

  What is the secondary purpose of david''s message?

What is the secondary purpose of David's message?

  Macro and micro impacts of britain leaving the eu

What is the macro and micro impacts of Britain leaving the eU?

  Does a type of leadership differ from being a bad leader

Does a type of leadership differ from being a bad leader? Such as an autocratic, democratic, laissez-faire, transformational, followership, bureaucratic, charismatic, servant, and transactional leader?

  Find percentage change in the net sales revenue

Suppose the ration of operating profit to sales and how does this ratio relate to the percentage change in operating profit, for a given percentage change in the net sales revenue?

  Describe the entity underlying business model

Select one of the following entities; Google, Yahoo, DropBox or Amazon. Briefly, describe the entity's underlying business model. Possible approaches for the analysis of the entity's underlying business model include Balanced Scorecard style appro..

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