User Account

All Pages

Firm equilibrium price and corresponding function

Assignment Help Macroeconomics
Reference no: EM131086760

Suppose a single firm produces all of the output in an contestable market. The market inverse demand function is P=250-5Q and firm's cost function is c(Q)=6Q. Determine the firm's equilibrium price and corresponding function.

Reference no: EM131086760

Questions Cloud

Problem regarding the accept a gamble : Jay's utility function is U= square root of M , and his initial wealth is 1024. Will he accept a gamble in which he wins 272 with probability 2/3 and lose 700 with probability 1/3?
Required to complete an order : (a) Calculate: (i) the cost of an order for 40,000 units (ii) the price of one unit of Item A in dollars at an exchange rate of £1 = $1.40. Manufacturer M also makes Item B, at a rate of 1,750 units per day. (b) Calculate how many whole days will be ..
Do you recommend reporting the crime to law enforcement : Provide a narrative description of the interview setting and the intended process, before, during and following the interview. Explain why these stages are important to a successful interview and investigation.
What happens to equilibrium quantity of gasoline in roanoke : What happens to the equilibrium quantity of gasoline in Roanoke, Maryland, or North Carolina? Would truckers from Roanoke, Maryland, or North Carolina divert to Richmond some of the gasoline they normally distribute locally?
Firm equilibrium price and corresponding function : Suppose a single firm produces all of the output in an contestable market. The market inverse demand function is P=250-5Q and firm's cost function is c(Q)=6Q. Determine the firm's equilibrium price and corresponding function.
Write the probability density of the cauchy distribution : Lorentz (Breit-Wigner) distribution With x = (J. = 0 and r = 2 we can write the probability density (3.3.31) of the Cauchy distribution in the form
Organizational communication style-paper on apple company : This is a team project that I have selected to write about these three topics. All topics covered should not be more than 2 pages long double spaced (combined). I need to reference two external sources and two academic articles in this write-up.
Computer on hire purchase terms : A computer may be bought for £1,490 cash or on hire purchase terms. Ken bought the computer on hire purchase terms.
How should tool mark evidence be collected : Discuss footwear and how impression evidence is collected. Include a discussion of the databases used for comparing evidence. Discuss Gun Shot Residue (G.S.R.). Include the two types, the importance of each, and what this information may provide.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Elucidate how policy would achieve economic growth

Elucidate how policy would achieve economic growth, and at the same time engage in poverty reduction.

  What is the effect of the shorter commute on this persons

A worker is able to select her weekly hours. When a new bridge opens up, it will cut 1hr from the daily commute to work. If both leisure and income are normal goods, what is the effect of the shorter commute on this persons work time.

  Major forces behind urban growth in early united states

What were the major forces behind urban growth in early United States history? What influence did urban growth have on urban concentration and population density?

  Two futures contracts on the same commodity with times

Where r is the interest rate (assumed constant) and there are no storage costs. For the purposes of this problem, assume that a futures contract is the same as a forward contract.

  Maritime insurance company offers insurance policies for

maritime insurance company offers insurance policies for recreational boats. a typical policy will pay the replacement

  Concept of supply and demand with graphical analysis

Using a supply and demand graph, make one shift of wither the supply or demand curve to illustrate the likely result of this action.

  Differentiate and contrast public goods and private goods

Differentiate and contrast public goods, private goods, common resources, also natural monopolies with Brazil as well as the United States with bio fuel.

  Write an expression for the net present value

Using summation notation, write an expression for the Net Present Value expressed in real dollars, assuming the cost of medical care will rise 3 percent faster than other prices. Using summation notation, write an expression for the Net Present V..

  How the changes in supply and demand affect equilibrium

Simultaneous changes in supply and demand affect equilibrium price and quantity in various ways, depending on the relative magnitudes of the changes in supply and demand. Equal increases in supply and demand, for example, leave equilibrium price u..

  Arguments in favor of economic stabilization

Explain the main arguments in favor of economic stabilization and explain why policy lags could make stabilization policies counterproductive.

  Which group is responsible for the policy of changing

Which definition(s) of the money supply include(s) only items which are directly and immediately usable as a medium of exchange?

  Suppose a business experiences a sudden increase in its

suppose a business experiences a sudden increase in its fixed costs. for example suppose property taxes increase

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