User Account

All Pages

What is average revenue function for monopolist in market

Assignment Help Business Economics
Reference no: EM13836388

The market demand curve for a monopolist is given by Q=20-0.5P

a) What is the average revenue function for a monopolist in the market?

 

b) What is the marginal revenue function that corresponds to this demand curve?

Reference no: EM13836388

Questions Cloud

Identify factor that impact on risk of material misstatement : Identify the factors that would impact on the risk of material misstatement and explain the effect of those factors on planning materiality and risk.
Demand-supply and market equilibrium : Think about a product that you have purchased recently (e.g. soda, diapers, takeout meals, milk, shoes, manicure/pedicure, video game, etc.). Explain how the law of demand affected your purchase. Give specific examples of how the determinants of dema..
Find number of shares held by bidvest holdings in adcock : Calculate the total number of shares to be acquired by CFR based on Adcock's market value of R70 per share and calculate the number of shares held by Bidvest Holdings in Adcock.
Explain rights and procedures of guilty persons : Explain rights and procedures of guilty persons from post verdict to appeal. After conviction, a defendant may be sentenced to death in some states, depending on the crime
What is average revenue function for monopolist in market : The market demand curve for a monopolist is given by Q=20-0.5P. What is the average revenue function for a monopolist in the market? What is the marginal revenue function that corresponds to this demand curve?
Steady-state amplitude of vibration of the car : Find the steady-state amplitude of vibration of the car as a function of the horizontal driving speed v (m/s). At what driving speed v_m will the greatest amplitude of vertical vibrations occur?
Explain the meaning of net asset value : What is an open-end mutual fund? What determines the value of these funds? Why might you buy a no load mutual fund instead of a load fund? Do load funds perform better than no load funds? Explain the meaning of net asset value (NAV) per share for mut..
Restrictions increase the stability of the banking system : Why did the federal government until recently put restrictions on interstate banking? Did those restrictions increase the stability of the banking system? What are some events that have changed the ability of the banks in U.S. to branch between state..
Uses to exercise some control over the fed : Why was the Federal Reserve System set up with twelve regional Federal Reserve Banks rather than one central bank, as in other countries? What is the primary tool that Congress uses to exercise some control over the Fed?

Reviews

Write a Review

Business Economics Questions & Answers

  When the fed raises the target for the federal funds rate

When the Fed raises the target for the federal funds rate, it:

  Limitation of international trade you encountered

List at least one advantage and one limitation of international trade you encountered in the simulation. Define absolute and comparative advantage in your own words.

  Payoff matrix of economic profits

The payoff matrix of economic profits above displays the possible outcomes for Bob and Jane who are involved in game of whether or not to advertise.

  Preferred customer and the customer is charged at cost

An apparel manufacturing plant has estimated the variable cost to be $4.50 per unit. Fixed costs are $500,000 per year. Forty percent of its business is with one preferred customer and the customer is charged at cost. If 150,000 total units are sold ..

  Alternative ways of increasing output should she use

she estimates that she can produce and sell an extra 1,400 hamburgers per day by keeping the restaurant open for three more hours per day at a cost of $50 per hour. Which of these two alternative ways of increasing output should sh..

  The variable cost for every additional student

The college has annual fixed costs of $10 million, also the variable cost for every additional student is $5,000.

  Emphasize why the need for instrumental variables arises

emphasize why the need for instrumental variables arises and how authors have approached the problem. make sure to

  Ideas of trade-offs-specialization-comparative advantage

Here are some hypothetical numbers used to illustrate the ideas of trade-offs, specialization, and comparative advantage. Assume Sri Lanka, using all her resources efficiently, can produce either 1,000 bags of rice OR 3,000 bags of tea. Let's also as..

  What is the inflation rate

Using Year 1 as the base year, what is the growth rate of real GDP from Year 1 to Year 2? (b) Based on the GDP deflator (GDP Price Index), what is the inflation rate from Year 1 to Year 2?

  Enforcement costs are critical to success of environmental

A cost-effective policy is always socially efficient. Enforcement costs are critical to the success of environmental program and should be included in the overall social costs of the program when evaluating different policy options

  Methods in economic research and econometrics

What are some econometrics texts that you would recommend for me? I learned some intro econometrics in a course which taught from Studenmund but was extremely bored.

  Which characteristics do not fit this market structure well

Suppose that you own a 25 year old movie theater in Micropolis. It has 6 screens and a concession stand. Across town there is a 7 year old movie theater with 4 IMAX screens and 20 more regular screens.  Now that you have looked at these characteristi..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd