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Suppose you are a monopolist in the market for a specific video game. Your demand curve is given by P=80-Q/2, and your marginal cost curve is MC=Q. Your fixed cost is $400.
i) Derive the marginal revenue curve
ii) Calculate the equilibrium price and quantity
iii) What is the profit?
Suppose a cinema is a local monopoly whose demand curve for adult tickets on Saturnday night P=12-2Q, where P is the price of a ticket in dollars and Q is the number of ticket sold in hundreds. The marginal cost for adult is $2
i) What is the marginal revenue cost in the market?
ii) What price should the cinema charge in the markets if its goal is to maximize profits?
Brief description of what the benefits are from getting involved in such an event for leadership experience and why you chose this particular experience.
Illustrate what are some more examples of revenue and expense categories that appear in a line-item budget?
Write a memo explaining that you want all of your employees to learn about the new product that the company will be selling -
Should companies develop a risk assessment to address which aspects can be compromised and which ones they should retain or protect to prevent a major impact to future operations?
Describe punctuality as a characteristic of information and how it enhances the information as studied in the management information system?
Is there anything on this site that surprised you? Why are small businesses treated differently than large businesses? Why would laws differentiate between the two?
Which of the following industries comes closest to the model of perfect competition.A feature of perfect competition is.Which of the following characteristics is most important in differentiating between perfect competition and all other types of mar..
BUYU Manufacturing has been contracted to provide SAEL Electronics with printed circuit and motherboards (PC) boards under the following term
Use the Internet or Strayer Library to research instances of whistleblowing in publicly traded companies within the last 12 months.
responsible for what type of world we will leave for our children. Do you agree with these statements?
When physicians form limited liability partnerships or corporations, they are usually protected against all malpractice claims.
a) Draw both decision trees and show the process of making this decision, including your calculations. b) Which offer should you accept, if any?
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