Product to market before spyder finalizes production plans

Assignment Help Business Economics
Reference no: EM131161344

You are the manager of Taurus Technologies, and your sole competitor is Spyder Technologies. The two firms’ products are viewed as identical by most consumers. The relevant cost functions are C(Qi) = 4Qi, and the inverse market demand curve for this unique product is given by P = 160 – 2Q. Currently, you and your rival simultaneously (but independently) make production decisions, and the price you fetch for the product depends on the total amount produced by each firm. However, by making an unrecoverable fixed investment of $200, Taurus Technologies can bring its product to market before Spyder finalizes production plans. What are your profits if you do not make the investment?

Reference no: EM131161344

Questions Cloud

What are the strengths of formal strategic planning : What are the strengths of formal strategic planning? What are its weaknesses? When is a company's competitive advantage most likely to endure over time
How educators and administrators were able to incorporate : Identify at least three specific examples of how the educators and administrators were able to incorporate the developmental assets into their content courses and everyday school operations and at least three examples of where the educators could ..
Write an essay on labor unions : Write an Essay.- Labor unions were first established by workers to pursue collective workspace goals such as wages, benefits, work rules, and power.
Promotional strategy presentation : Assignment:  Promotional Strategy Presentation (I have to compile 5 slides for my part of the team assignment.  I have questions 6 & 7.  One of the slides will be the initial budget (to include the category, such as development, production, market..
Product to market before spyder finalizes production plans : You are the manager of Taurus Technologies, and your sole competitor is Spyder Technologies. The two firms’ products are viewed as identical by most consumers. However, by making an unrecoverable fixed investment of $200, Taurus Technologies can brin..
Watch the video titled product placement : Watch the video titled "Product Placement" (2 min 31 s). Be prepared to discuss. Video Source: duckbill. (2007, June 2). Product Placement [Video File]. Retrieved from https://www.youtube.com/watch?v=NhojSF2l_No
Write essay and annotated bibiliography : Write Essay and annotated bibiliography- Opioid overdose is the leading cause of accidental death in the United States what if there was a way to prevent the death toll in the United States from continuing to rise.
Does abenomics make japan economy deflation or inflation : What is Abenomics? Is Abenomics successful or not? Does Abenomics make Japan economy deflation or inflation?
New irr under assumption : In the S6 Marketing Mix Table (line 195), the sales promotion people say that their last short-term promotion campaign led to new trial and permanent switching of buyers of competitive products to our brand and that the enduring effect in years 2-..

Reviews

Write a Review

 

Business Economics Questions & Answers

  Determine the optimal number of units to put in a package

A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 60 - 0.25P, and the marginal cost of production is $80. Determine the optimal number of units to put in ..

  Assume that the central bank of an economy

Assume that the central bank of an economy contracts the money supply.

  Make the assumption that economy has no external effects

Make the assumption that an economy has no external effects and all actors are perfectly informed. In addition, one good is produced by a firm who is a non-discriminating monopolist (known as Frontier Firm).

  Find the output level for highland commodities

A typical firm in a perfectly competitive market has a cost structure described by the equation: C = 25 − 4QF + Q2F where QF is measured in thousands of units. Using the profit-maximizing condition, P = MC, write an equation for the firm’s supply cur..

  Suppose the own price elasticity of demand for good

Suppose the own price elasticity of demand for good X is -3, its income elasticity is 2, and the cross price elasticity of demand between good X and Y is -5. Determine how much the consumption of this good will change if:

  Where sd and dd are the domestic supply

Refer to the above diagram, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product. With a PcPt per unit tariff, the quantities sold by foreign and domestic producers respectively will be

  Find the opportunity cost of both goods in both countries

Suppose in the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. In the United Kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. The United States has 30 workers and..

  Matter symptomatic of an underlying problem

An HR manager comes with an matter symptomatic of an underlying problem. He says which levels of employee motivation in his organization are dropping leading to drop in employee productivity.

  Should we reduce or eliminate taxes

Should we reduce or eliminate taxes on corporate profits in the United States to lure more of these companies back to the U.S.?

  Qsuppose a firms production function is given by q l12k12

q.suppose a firms production function is given by q l12k12. the marginal product of labor and the marginal product of

  Expansionary monetary policy

Represent graphically the effects of an expansionary monetary policy and a contraction fiscal policy in the IS/LM/FX model.

  Profit maximizing amount of those two types of input

Give two distinct reasons why studies might show that physicians firm might use too few nurses and other aides relative to profit maximizing amount of those two types of input.

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