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!
Assignment2: Quantitative Exercises<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Your consulting firm was justgranted an exclusive contract for your state. You now must decide your pricingpolicy, given the following relationships:
P= $1400 - 0.0004Q
MR = $1400 - 0.0008Q
AVC = $1000
where P is the price, Qthe quantity, and AVC the average variable cost.
The firm will encounter no fixedcosts, and all revenue is after taxes. As your firm has been granted anexclusive contract, your pricing and output decisions will be those of amonopolist.
Tasks:
Click here to download the Microsoft Excel Template for this week.
Submission Details:
By Tuesday, September 1, 2015, submit these documents to the W4 Assignment 2 Dropbox.
What clarification do you need regarding the posting and what differences or similarities do you see between your posting and other classmates' postings?
Describe the analogies used by Kao Tzu and Mencius to express their differing views on the nature of being human. Then, create an analogy of your own that you think accurately reflects what it means to be human.
Describe the Law of Market Forces - The federal government subsidizes the production of health care services.
Explain what happens to a market when Supply and Demand are not in equilibrium. Provide two instances from your personal experience when you observed the "disequilibria" of supply and demand in the market,
How does this compare with your answer in part and explain why firms find it profitable to change their quantities in this way.
consider a broking firm that supplies consulting services. the corresponding demand relation and cost functions are and
Two variable inputs, labor (L) and materials (M), are used to produce output. Company's current level of output: CL = $10 / unit, MPL = 25 CM = $2 / unit, MPM = 4 (!) Decide whether the firm is operating efficiently, given that its objective is to mi..
Normal 0 false false false EN-US X-NONE X-NONE For Alt. X, compute the ben..
Johnson Inc. is notified that local property taxes have raised. Johnson's economist states this will increase our cost of production and shift up our average total cost curve, average variable cost curve.
Assume the market for tortillas is perfectly competitive. The market supply and demand curves for tortillas are given as follows: Determine the equilibrium price for tortillas. Determine the profit maximizing short run equilibrium level of output for..
How will the programs affect the debt? How will they affect private investment? Is crowding out a concern in the short versus long run as a result of the proposed policies?
The minimum price at which a few of the producers are willing to sell a pound of cheese is $0.06, and the price floor is set at $0.17 per pound. With the price floor at $0.17 per pound of cheese, producers sell 212.5 billion pounds of cheese (some to..
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