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A monopolist has the following cubic cost function:
TC = 0.8Q3:- 32Q2:+ 1000Q + 32000
If the market demand function for the firm's product is P = 3400 - 14Q
(a) What is the monopolist's profit-maximizing combination of price and quantity?
(b) What is the firm's profit?
(c) Derive the firm's trace function.
(d) What is the equation of the dislocated demand curve associated with normal profits?
(e) What is the equation of the dislocated demand curve associated with a price of $3,200?
Evaluate the impact of the proposal to cut prices on total revenue, totalcost, and total profits - Price and Output Determination:Monopoly and Dominant Firms
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Assuming that sales of oil are normally distributed with a mean of 362,500 barrels and a standard deviation of 100,000 barrels, determine the probability that Offshore will incur an operating loss.
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Citrus Speculation and Forecasting, Corporation, has been employed by a private consortium of orange growers to forecast what will happen to the price and output of oranges under the situations listed below.
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what is the meaning of a four-firm concentration ratio? interpret what a four-firm concentration ratio of 60 would
A light duty pickup truck has a manufacturer's suggested retail price (MSRP) of $14,000 on its window. After haggling with the salesperson for several days, the prospective buyer is offered the following deal:
It is believed that fiscal policy is more effective under a fixed exchange rate than a flexible exchange rate. Using the IS-LM model, illustrate and explain this differential impact for an expansionary fiscal policy.
a tell me why you selected the appropriate exponential smoothing method by commenting on your y data
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