Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. This has 3 'parts' so I'd like it to use my 3 questions if it can be counted as '1' please.
Alchem (L) is the price leader in the poly glue market. All 10 other manufacturers [follower (F) firms] sell poly glue at the same price as Alchem. Alchemy allows the other firms to sell as much as they wish at the established price and supplies the remainder of the demand itself. Total demand for poly glue is given by the following function (Qt = Ql + Qf):
P = 20,000 -4Qt
Alchem's marginal price function for manufacturing and selling polyglue is
MCl= 5,000 + 5Qt
The cumulative marginal price function for the other manufacturers of polyglue is
MCf = 2,000 +4Qf
a. To maximize profits, how much polyglue should Alchem produce and what price should it charge?
b. What is the total market demand for polyglue at the price established by Alchem in Part (a)? How much of the total demand do the follower firms supply?
Enterprises conduct business transactions with other enterprises for a number of economic, business and strategic motivations.
Recent survey of high school students, it was found that the average amount of money spent on entertainment each week. Values are representative of all high school students.
Producing nations outside the organization, like Britain and Norway, should do their share and cut production.
Gains from trade will result if a country specializes.
The two smallest banks have proposed merging. Under the standard merger guidelines of the Federal Reserve and the Justice Department.
Explain and show graphically the effect on the supply and demand for Bonds in a deflationary period. What is the effect on interest rates and the quantity of bonds.
What effect would a 30 percent reduction in the number of new homes completed have on Mapco's sale.
Suppose that the only input used in the generation of solar energy is sunlight
Quantity, whole revenue and profit when company charges different price in each market and exploits its total profit.
From what you know about these firms' cost structure, what is the highest possible price per unit that could be existing as the market price in the long run equilibrium.
If the government imposes a tax on the production of cars, which of the following will occur in the market for cars.
Economists argue that the move from barter to money increased trade and production. How is this possible.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd