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DrugCo has two demand equations for its retail products (pain reliever and cancer):
Pain relief: P = 100-10 Q
Cancer drug: P = 200-15 Q
The marginal cost of production is $30. Which product should go to the retail market and which should go to the wholesale market? What are the corresponding retail and wholesale prices? What would happen if the sales are switched from the retail to the wholesale and vice versa?
Determine optimal number of plants that firm should have to take full advantage of market demand. Compare firm's profit with multiple plants with its profit with a single plant.
Assume you are compiling your research report. How would you present the statistical information within this case to the IndustryWeek decision maker, the manager who must decide whether or not to continue to publish reader service cards?
Explain meaning of value added and its importance in income approach. Consider following data for selling price at each stage in production of a 5 pound bag of flour sold by your local grocer.
Elucidate how many car companies will buy a latest car assembly machine. Interest payments are made once a year.
The market basket utilized to calculate the CPI in Aquilonia is 4 loaves of bread, 6 gallons of milk, 2 shirts also 2 pairs of pants.
what is the value of the money multiplier given each of the following sets of values for CUR and RES? what would be the equilibrium value of total money stock assuming a monetary base of $10 trillion?
Illustrate what are the key determinants of Spectrum Healthcare Resources fixed cost and variable cost in short-run.
Find examples in current news publications of the strategic responses of individual businesses to changes in currency exchange rates. Are these firms adapting to the changing international environment, or are they engaged in political action to tr..
Illustrate what is the marginal cost of one of the 50 newspapers folded also bagged by the fourth student.
Explain how low must a quota be in effect to have an impact. Using a demand-and-supply diagram, illustrate and explain the net welfare loss from imposing such a quota.
Does the widget production function exhibit constant, increasing or decreasing returns to scale.
Elucidate is the efficient yearly output of paper and how can this be achieved.
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