Determine the equilibrium price and quantity

Assignment Help Microeconomics
Reference no: EM13206634

For this assignment, choose a major publicly traded automotive producer, such as General Motors, Ford, Toyota, or Volkswagen. Then, research this company's production and inventory levels, and operational cost information, along with price and sales data for the most recent quarter available.

Determine the equilibrium price and quantity and explain its meaning to your chosen company. Indicate how your chosen company's management should use this information to make sound strategic decisions.

Reference no: EM13206634

Questions Cloud

How much should be allocated to each type of investment : At least one-quarter of the total portfolio is to be allocated to Type B investments. How much should be allocated to each type of investment to obtain the maximum return?
Criticism of psychological profiling : What would you list as five important variables to look at in constructing a psychological profile on a serial killer? Justify your list.
State what is the equilibrium constant for the reaction : If you find that the standard Gibbs free energy change for a reaction is 3.26 kJ/molK, what is the equilibrium constant for the reaction at 25.0 oC? Be careful with your units in the calculation.
What is the memory of each : One computer hard disk has 3.5 times the memory of another hard disk. If their combined memory is 9 gigabytes, what is the memory of each?
Determine the equilibrium price and quantity : Determine the equilibrium price and quantity and explain its meaning to your chosen company. Indicate how your chosen company's management should use this information to make sound strategic decisions.
State mixture of atomic species by absorption spectroscopy : why is it easier to analyze a mixture of atomic species by absorption spectroscopy than it is to analyze a mixture of molecular species?
List and count the number of possible combinations of object : List and count the number of possible combinations of objects from three sets, e.g., how many different outfits can one make from a set of three shirts, a set of two skirts, and a set of two hats?
How do the nonverbal messages in the two shows differ : What do the characters say with their dress, gestures, facial expressions, and the like?Do the same with a television comedy.What did you watch?How do the nonverbal messages in the two shows differ?
What is the greatest height that the stone reaches : 32 feet per second squared 2 (the gravitational acceleration at the Earths surface). What is the greatest height that the stone reaches, and when does it reach that height?

Reviews

Write a Review

Microeconomics Questions & Answers

  Changes in isoquant and input prices

A nation has a fixed amount of Capital and Labor which lies on aggregate isoquant when all inputs are being used efficiently.

  Determine gdp,ndp,gnp,nnp,ni,pi and di

Determine GDP,NDP,GNP,NNP,NI,PI,DI,S. Comment on savings magnitude that you have determined.

  Competitive stance in marketplace

Explain how a company that is competing in a purely (or perfectly) competitive market should increase its competitive stance in the marketplace. Provide specific examples.

  Determine the two equal deposits

Determine the two equal deposits, the first deposit required now and the second deposit at the end of year 6, so that you can withdraw $2,000 at the end of each year for the next 12 years. Assume that money earns 4% interest, compounded monthly. T..

  Explain demand for gasoline in a competitive market

What effect should each of the following have on the demand for gasoline in a competitive market? State what happens to demand. Explain your reasoning in each case and relate it to a demand determinant. (a) an increase in the number of cars (b) ..

  Profit maximization for perfect competition

In the competitive market at a price of $50 and cost function of C=50+5Q2 find out the maximum profit? Show how the solution was reached.

  Analysing a drilling decision using an interactive model

What indicates that we have positive value of perfect information and what is the expected value of perfect information on reserves?

  Identify the firm''s revenue and cost structure

In the early 1990's, a study found that moderate daily consumption of red wine reduced the incidence of heart disease in labratory rats. As a result of national press coverage of the report, the demand for red wine increased dramatically. Assume t..

  What are the firms short run profits

A firm sells its product in a perfectly competitive market where other firms charge a price of $80 per unit. The firm's total costs are C(Q) = 50 + 10Q + 2Q2. (MC = 10 + 4Q). a. What price should the firm charge in the short run? b. Ho..

  What is the highest possible price per unit

what is the highest possible price per unit that could exist as the market price in long-run equilibrium and If that price ends up being the market price and if the normal rate of profit is 10 percent, then how big will each firm's accounting profit..

  Describe the steps involved in taking a scientific approach

The queue length and waiting time for clients including and excluding the service time and the probability that there will be more than 2 customers waiting

  Exaggerate the firm''s profit or costs

what you must give up to get something; what you are willing to give up to get it. the amount of money that you pay on the margin; the amount of money that you receive on the margin. what you are willing to give up to get it; what you must give up to..

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!

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