User Account

All Pages

What is firm a marginal cost curve

Assignment Help Macroeconomics
Reference no: EM131159825

Two large firms A and B operate in a market. Firm A  short run cost demand curve is: TC=500,000-1000Q+100Q^2.

The Total demand curve : P=40,000-20.50Q

a) What is firm A Marginal cost curve?

b) Firm A charges same as firm B = $30,000. What is the Marginal Revenue function of firm A.

c) Given b, what is output produced and total profit from firm A (assume they are maximizing profit)

d) If firm A wants to max profit level of production for a monopolist (suppose is the only firm in the market) what is the output they will produce?

e) Given output in part d, what is the price charged as monopolist?

Reference no: EM131159825

Questions Cloud

Which oversees the purchase and sale of securities : In which of the following types of ownership does each co-owner have the right to sell his or her interest without the consent of the other owners, the right to own an unequal share of the property, and the right to own property subject to the rig..
Discuss at least one of given aspects of film : Discuss at least one of these aspects of film, making specific reference to either Pariah or Persepolis.-  1) Opening Scenes:-  2) Voice and Point of View:
Producing newsprint in a perfectly competitive : Suppose ABC Corp. is a firm producing newsprint in a perfectly competitive industry. We have the following information about the firm's production:
Explain what are primary sources of revenue for health care : What are the primary sources of revenue for health care? Can you explain revenue cycle management and how it affects the amount of revenue generated and cash flow for a health care entity?
What is firm a marginal cost curve : a) What is firm A Marginal cost curve? b) Firm A charges same as firm B = $30,000. What is the Marginal Revenue function of firm A. c) Given b, what is output produced and total profit from firm A (assume they are maximizing profit)
Explain whether or not it would be financially beneficial : Explain whether or not it would be financially beneficial for the investor to refinance, if the plan is to own the property for the remaining loan term.
Identical demand for a product : 1. All 500 consumers in a market have identical demand for a product that is described by individual demand curves P=40-2q. A monopolist produces the product and has a cost function of TC(Q)=10000+8Q. What is the monopolist's maximum profit if i..
What internal leadership intervention is liz addressing : Liz is a team leader at a local grocery store Recently her boss said that she needs to address the negative attitudes of employees. To try and fix this problem, she has begun awarding gift-cards to employees who have great attitudes. What internal..
What is the standard size of pcc specimens to be tested : what is the standard size of Pcc specimens to be tested for compressive strength? if a smaller size is used, which size is expected to provide higher compressive strength close to that of an actual concrete structure?

Reviews

Write a Review

Macroeconomics Questions & Answers

  What are main arguments for development of rural tourism

What are the main arguments for, and potential benefits arising from, the development of rural tourism in Bulgaria? In what ways have other countries successfully developed rural tourism and with what economic benefits and costs?

  What is the firms total profits

If the above monopolist were to behave like a perfectly competitive firm (operating in the long run), determine its output.

  What is paid media

1. What is paid media? 2. What is owned media? 3. What is earned media?

  Fluctuations in the level of economic activity

Economic fluctuations (or business cycles) are fluctuations in the level of economic activity, relative to a long-term growth trend. Comparing and contrast the economic fluctuation the United States has experiences from 1990 to current date. Provide ..

  What percentage of the companys accounts receivable balance

a. Aprroximately what percentage of the company's accounts receivable have balances below $30 b. Approximately how many of the 10000 accounts have balances excedding $98 Account Balance Frequency $ 0 to under 50 10 50 to under 100 15 100 to under 150..

  Current subsidy or welfare issues

Are there any current subsidy or welfare issues?

  What implications does have for conduct of monetary policy

look up for the numbers of the M1, M2 and M3 monetary aggregates in the European central bank euro area statistic for the most recent last-year period since the outburst of the global financial crisis.

  The principal-agent problem occurs if the manager ceo is

the principal-agent problem occurs if the manager ceo is not present to monitor the worker manager. how can she get the

  How fast will potential output have to grow each year

The Ben Bernanke has said that the Federal Reserve is going to continue its latest round of Quantitative Easing until unemployment falls to 6.5%. How fast will the economy have to grow to bring unemployment down to 6.5% by this ..

  Total amount of the good demanded

If the price of the good is less than 8, then each type 2 demands 24 - 3p; otherwise each type 2 demands zero. If the price of the good is 6, then the total amount of the good demanded will be

  Question 1 the international monetary system exchange rate

question 1 the international monetary system exchange rate regimesa currency exchange rates for december 1999-september

  Calculate the amount paid for the stock

Meek mill bought £75,000 (nominal value) of 3¾% debenture stock with each £100 (nominal value) of stock costing £90. (a) Calculate the amount paid for the stock.

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