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!
Suppose that a competitive fringe produces with costs given by C = 3q f so that MC = 3 represents the fringe supply curve. Demand is given by P = 10 - Q and the dominant firm's costs are given by C = 2qd . Suppose also that capacity for the dominant firm cannot be expanded beyond qd ≤ 5.
(a) Compute the dominant firm's profits in equilibrium.
(b) Suppose that the dominant firm is able to cause an increase in the fringe's marginal costs of $1. Compute the change in the dominant firm's profits.
(c) Finally, suppose that raising rivals' costs causes an increase in the dominant firm's average costs to 2.75. What is the net effect now on the dominant firm's profits.
Find the equilibrium price and quantity after the shift of the demand curve.
I know that the answer will be somehow related to the amount of marginal sales per day, but dont know how exactly to determine the allocation.
You are a manager in charge of monitoring cash flow at a company that makes photography equipment. Traditional photography equipment comprises 40 percent of your revenues, which grow about 2 percent annually. If the own price elasticity of demand for..
If the Treasury has just paid for a supercomputer and as a result its deposits with the Fed fall, illustrate what defensive open market operations will the manager of the open market desk undertake.
Chris consumes only 2 goods, Suppose his utility function is U(X1,X2)=X1 1/3,X2 2/3, Suppose P1 =$2,P2= $8 and income(I)=$600 I want to know how to do the problem, so I need to see all the steps it takes to arrive at the correct answers for a,b and c..
Illustrate what is the fed funds rate in the banking system. Explain how the Fed manipulates this rate in order to achieve macroeconomic objectives.
Discuss the potential conflicts that might occur between that of IT and Operations Management. How might such issues be addressed and resolved.
Explain why Chrysler's decision might have been prompted by movements in its wage costs or capital cost, or both.
If the prices of pizza and submarine sandwiches double and so does Michael's money income, we can compute that Michael's budget constraint will.
What are the major federal laws and subsequent amendments underpin U.S. environmental protection. Identify these laws. The value of a home depends in part on how attractive other homes and yards in the neighbourhood are. How do local zoning ordinance..
q1. a hearing is scheduled for your company to present arguments that your firm has not increased its market power
Elucidate the way in which short-run AFC, AVC, ATC also MC vary as the output of the firm increases.
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