Find total q for all of the fringe firms

Assignment Help Econometrics
Reference no: EM13199472

THis is question about a dominant firm competitive fringe model

P=5000-Q <- market demand curve n=100 fringe firms and n= 1 dominant firm so total 101 frims in a market
TC for dominant firm= 12000+3Q+.5Q^2
MC for dominant firm = 3+Q
TC for competitive fringe: 50+10Q+3Q^s
MC for competitive fringe: 10+6Q

1) find total Q for all of the fringe firms

2) Find Q for the dominant firm

3) Find q for an each of the fringe firm

4) find a profit for dominant firm

5) find a profit for a fringe firm

Reference no: EM13199472

Questions Cloud

What are the dimensions of the carpet : a rectangle carpet has a perimeter of 246 inches. the length of the carpet is 89 inches more than the width. what are the dimensions of the carpet?
Express the surface area of the balloon : A spherical weather balloon is being inflated. Beginning at 19 cm, the radius of the balloon is increasing at the rate of 2 cm per second. Express the surface area of the balloon as a function of time t (in seconds).
What are the dimensions of the pen : Sixty feet of fence is needed to enclose a rectangular dog pen. The length od the pen is 3 more than twice the width of the pen. What are the dimensions of the pen?
What was the cost of the meal before the tip : Selena left a 15% tip for a meal. The tip was $8.40. What was the cost of the meal before the tip?
Find total q for all of the fringe firms : THis is question about a dominant firm competitive fringe model P=5000-Q
How many tickets were sold ahead of time : student tickets to the prom cost $25 each if purchased ahead of time. Tickets purchased at the door cost $35. A total of 85 tickets were sold for the prom and $2,325 was collected. How many tickets were sold ahead of time and how many were sold at..
What is the volume when the height : volume of wood in a tree trunk varies jointly as the height and girth. if the volume is 53m^3, when the height is 20m and the girth is 1.5m, what is the volume when the height is 76m and the girth is 2m?
What would a 1,500,000-pound-per-year plant cost now : what would a 1,500,000-pound-per-year plant cost now Suppose that the construction cost index has increased an average rate of 12 percent per year for the past eight years and that the cost-capacity factor (x) to reflect the economy of scale is 0...
Defining capital structure weights : The current owners have no debt financing but Templeton plans to borrow $300 million and invest only $100 million in equity in the acquisition. What weights should Templeton use in computing the WACC for this acquisition

Reviews

Write a Review

 

Econometrics Questions & Answers

  Maximizing total output vs output per worker

You have given the following data about the amount your firm can manufacture per day given the number of workers it hires.

  What is dealers annual rate of return on loan transactions

Assume that you are going to buy a car work $25,000. You will be able to make a down payment of $3,000. The remaining 22,000 will be financed by the dealer. The dealer computes your monthly payment to be $547.47 for 28 months of financing.

  How much surplus do producers receive

The supply curve for product X is given by QXS = -340 + 10PX . a. Find the inverse supply curve. P = + Q b. How much surplus do producers receive when Qx = 350? When Qx = 1,000?

  Find the inverse demands faced by the two firms

where a > 1. In addition assume that the firms target own profit maximization, compete (simultaneously) in quantities and have marginal costs equal to c1 = c2 = c. Assume that 1 > c > or equal to 0. Describing the necessary mathematical steps, an..

  What is the opportunity cost of using the unused bundling

The World of Videos operates a retail store that rents move videos. For each of the last 10 years, World of Videos has consistently earned profits exceeding $25,000 per year. The store is located on prime real estate in a college town. World of Vi..

  Compute the project expected npv and standard deviation

Huang Industries is planning a proposed project whose estimated NPV is twelve million dollar. This estimate suppose that economic situations will be average.

  Use increment to value the scale-up option

A firm has undertaken a project in which the firm has the option to invest in additional manufacturing and distribution resources (or scale up). The project's current value is V0 = $25M. Anytime over the next three years, the firm can invest an add..

  Determine the output per worker

In this question we are going to incorporates investment in human capital by agents, in a form similar to physical capital. Labor units are replaced by human capital units Y = AK?(?H)1?? where • H ? Units of Human Capital • ? ? [0, 1] ? Fraction of..

  Evaluate a financing alternative

If theTrust did agree to fund all costs except the $3 million bond proceeds now available, determine the equivalent annual amount that must be raised in years 4 through 6 to supply all remaining project funds. Assume the Trust will not charge any ..

  Why you would have definitely chosen the camry

You have just purchased a new Ford Taurus for $20,000, but the most you could get for it if you sold it privately is $15,000. Now you learn that Toyota is offering its Camry, which normally sells for $25,000, at a special sale price of $20,000.

  How much a woman has in her orp account after retirement

A woman is retiring and has 2,000,000 in her ORP account. How long will she be able to withdraw 100,000 per year beginning 1 year from now if the account earns a rate of 4% per year

  Which changes in inflation expectations and required yields

Suppose that as the economic recovery strengthened consumer expectations of annual inflation increased from 2% to 3.5 % and, at the same time, the expected real rate of return required to equate investor demand to the existing supply of 1 year.

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