User Account

All Pages

Determine whether or not the firm operations are allocative

Assignment Help Other Subject
Reference no: EM13319222

Problem-solving question: Use the following data for a pure monopoly to calculate the firm’s: (a) total revenue, marginal revenue, marginal costs, and average total cost; (b) its profit-maximizing output level and produce price; (c) its profit. (d) Use the price-cost formula to determine whether or not the firm’s operations are productively-efficient. (e) Use the price-cost formula to determine whether or not the firm’s operations are allocatively efficient. Q (P = AR) TR MR TC MC ATC 0 $ 0 $ 60 1 58 100 2 57 136 3 56 168 4 55 200 5 54 235 6 53 276 7 52 322 8 51 376

Reference no: EM13319222

Questions Cloud

Which product experiences a larger change in quantity : Beachfront resorts have an inelastic supply, and automobiles have an elastic supply. Suppose that a rise in population doubles the demand for both products (that is, the quantity demanded at each price is twice what it was).
Determine the power of motor : An electric motor can lift a weight of 2000N through a height of 10 m in 20 sec. What is power of motor
Ammonia and acetic acid are mixed : write the reaction that occurs when ammonia and acetic acid are mixed. b. Although ammonia and acetic acid are weak electrolytes, a mixture of these two solutions behaves as a strong electrolyte.
What is max amount of benzene that the company can discharge : A company near City X want's to know how much benzene they can release into River Y. City Z is 85.5 miles downstream from City X. City Z doesn't want to have Benzene levels higher than 0.0000015 g/L.
Determine whether or not the firm operations are allocative : Problem-solving question: Use the following data for a pure monopoly to calculate the firm’s: (a) total revenue, marginal revenue, marginal costs, and average total cost
Calulate the specific gravity of each sample : Derive an equation for specific gravity in terms of the ry sample weight and the apparently lighter submerged weight, Calulate the specific gravity of each sample
How many kilowatt-hours of electricity would be saved : Suppose the utility encourages its customers to replace their 75-W incandescents with 18-W compact fluorescent lamps (CFL) that produce the same amount of light. Over the 10,000-hr lifetime of a single CFL,
Define the reaction spontaneous under standard conditions : In each case indicate whether the reaction is spontaneous at 298 K under standard conditions. P4O10(s) + 16H2(g) -> 4PH3(g) + 10H2O(g) Gibbs free energy for P4O10(s) is -2675.2 kJ/mol Gibbs free energy for PH3(g) is 13.4 kJ/mol Gibbs free energy f..
How many energy levels can we observe in the ground state : When specially prepared Hydrogen atoms with their electrons in the 6f state are placed into a strong uniform magnetic field, If we don't neglect the intrinsic spin of the electrons, then how many energy levels can we observe in the ground state

Reviews

Write a Review

Other Subject Questions & Answers

  Designing a system to help people brand personal identity

Who are you? A cool-as designer, a surfer dude, a sports star, a coder, a book-loving geek? Who am I? An intellectual, an existentialist writer, a dancer?

  How to make training in house or buy training from vendor

You are a training manager for the organization and should consider whether to make training in house or buy training from a vendor.

  Why vulnerbale groups should be targeted

What are he positives of marketing to vulnerble groups? Why Vulnerbale groups shoudl be targeted?

  Effects of advertising on public

Critically discuss the effects of advertising on the public. Select two to three exemplar advertisements to illustrate your points. If you do not include copies or text of the actual advertisements

  Structural-strategic and systemic approaches

Can you summarize the three family systems approaches (structural, strategic, and systemic)?

  Define the tactics of one terrorist group

Define the tactics of one terrorist group from the following list: al Qaeda, Hezbollah, Hamas, the Islamic Brotherhood, or the IRA. Provide two examples of attacks carried out by this terrorist organization.

  Humanitarian intervention

Please help in outlining and suggestion to write 15 page or more on Humanitarian Intervention. Focus on Rwanda Genocide or The pro and con of Humanitarian Intervention required Bibliography or End note.

  Stakeholders critical to program evaluations

What are the three major categories of stakeholders you deem as being critical to the success of your evaluation? Why were these people instrumental to your success?

  List which vitamins have antioxidant effects

Pick out two water soluble vitamins, 2 fat soluble vitamins, and 2 minerals. Discuss their functions and food sources. Research these six nutrients and determine their functions in the body and general food sources of each. List which vitamins have a..

  A system is composed of eight independent subsystems

A system is composed of eight independent subsystems. Each subsystem operates 95 percent of the time. What is the probability that all the subsystems are operating at any random point in time?

  What are standards of proof in criminal cases

What are standards of proof in criminal cases? What is the relationship between standards of proof in criminal justice cases and the adversarial system?

  Describe situation in southern states at time of election

The presidential election of 1876 was unusual in several ways. Describe the situation in the Southern states at the time of the election; the outcome in the Electoral College that had to be settled before the inauguration

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