User Account

All Pages

Determine the optimal number of bran

Assignment Help Macroeconomics
Reference no: EM131095270

The American Baker's Association reports that annual sales of bakery goods last year rose 15, driven by a 50% increase in the demand for bran muffins. Most of the increase was attributed to a report that diets rich in bran help prevent certain types of cancer. You are the manager of a bakery that produces and packages gourmet bran muffins and you currently sell bran muffins in packages of 3. however, as a result of this new report, a typical consumer's inverse demand for your bran muffins is now P=6-0.5Q

If your cost of producing bran muffins is C(Q)=.5Q, determine the optimal number of bran muffins to sell in a single package and the optimal package price

optimal package size= _______units

optimal package price= $______

Reference no: EM131095270

Questions Cloud

Evaluate the channels of distribution you will use to sell : Evaluate the channels of distribution you will use to sell your product along with a description of how each channel partner will add value.
What is meant by a painful path : a) What is meant by a painful path? b) Why would letting get away for only a while require a painful return?
What assist you need to use while the preserve : Multiple local native Us movers will want to have their certain net-sites which you can tackle merely to understand those online style magazines apart from search cautiously at simply what assist you need to use while the preserve.
Advise bing whether he will be bound by lok purchase : Mr Bing appointed Lok to purchase computers for the business from an overseas manufacturer. He gave Lok a limit of $80 000 in order to make the purchase of computers and necessary equipment. Advise Bing whether he will be bound by Lok's purchase. E..
Determine the optimal number of bran : If your cost of producing bran muffins is C(Q)=.5Q, determine the optimal number of bran muffins to sell in a single package and the optimal package price
Random and independently of previous days : Sally gets a cup of coffee and a muffin every day for breakfast from one of the many coffee shops in her neighborhood. She picks a coffee shop each morning at random and independently of previous days.
Resonantly driven undamped harmonic oscillator : Driven undamped harmonic oscillator x" + x = cos(2t), x(0) = 1, x'(0) = 0, tf = 24Π. Resonantly driven undamped harmonic oscillator x" + x = cos(t), x(0) = 1,x:(0)= 0, tf = 24Π.
What will happen to equilibrium price if there is increase : If income elasticity of demand of good X is 0.89, what will happen to equilibrium price if there is an increase in income of consumers? Draw a diagram to support your answer. If Ministry of labor sets up a minimum wage in the labor market, what can b..
What is the probability that the company : Provide one business-related example each, with explanation, for mutually exclusive and independent events.

Reviews

Write a Review

Macroeconomics Questions & Answers

  What could happens to quantity sold when a price ceiling

This solution shows graphically what could happens to quantity sold when a price ceiling or a price floor is imposed.

  Terms of a computer programmer salary

If a computer project takes 6 months, how much does it cost in terms of a computer programmer salary to complete the project in the United States?

  Research results on macro economic

As an employee of World Bank you've been asked to research the needs of a country with a particular economic concern.

  Directions be sure to make an electronic copy of your

directions be sure to make an electronic copy of your answer before submitting it to ashworth college for grading.

  Determine the deadweight loss

Assume that demand for labor by firms is given through L=1000-100W and the supply of labor from workers is given by L=-400+100W, where L represents the number of workers and W is the wage in this labor market.

  Explain why the policy may lead to an increase in investment

Each of the policies described above may lead to an increase in the long-run level of investment spending in the economy. Using a diagram of the aggregate production function, show that any such increase will lead to an increase in the future leve..

  Use of two or more modes of transportation

Intermodal transport is the use of two or more modes of transportation, in combination, to form an integrated cost effective transport chain to achieve operational efficiency while maintaining sustainability (Lowe, 2005). In Europe and North America ..

  Pricing policy that should adopt by transportation authority

The total operating revenues of a public transportation authority are $100M while its total operatiing costs are $120M.

  Changes in another economic variable

What is the measure of how much one economic variable responds to changes in another economic variable.

  Determine the market equilibrium price

There is a vast number of hog farmers in Canada. Industry should be a good approximation to perfectly competitive market. The demand for processed pork in Canada is;

  Does the law of diminishing returns apply to h

Suppose the number of points on an economics midterm (P) can be characterized by the following procution function: P=5H-4B; where H is the number of hours spent studying for the exam and B is the number of beers consumed the week before the exam.

  Suppose that in a competitive market for electric power

suppose that in a competitive market for electric power demanded for power is given by the equation p600-q and supply

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