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firm had demand function given by Qd=1000-10p. Its cost function given by C= 150 +20 Q
A- write an equation for the inverse demand function.
B- write an equation for the profit function
C-if the firm wants to maximize its sales revenue ,how many units should it produce and what price should it charge?
D- if the firm wants to maximize its profits , how many units should it produce and what price should it charge? what are its profits
E-suppose the firm is facing an output constraint - specifically , the maximum allowable output is 480 units - that is Q<= 380 set up a Lagrangian equation and solve for the optimal or profit maximizing output subject to the constraint. what price should the firm charge- given the constrain? Give an interpretation of the largrangian Multiplier. what are the profits the constrained optimum?
Illustrate what do you think would the futures price of 100 shares of your reference company to be delivered to you in one year be right now.
Supposed that the government responds to complaints about adecrease in real wages as a result of immigration by legislating aminimum real wage that is equal to the real wage in thepre-immigration equilibrium.
Mark Martinko has been a class A racquetball payer for the last 5-years, and one of his biggest goals is to own and operate a racquetball facility.
Illustrtae what is the final impact of expansionary fiscal policy on the price-level and real output.
If twelve units of a good are sold when the price is $1 per unit, and eight units are sold at a value of $1.50 per unit,
Economic forecasters predicted that consumption also GDP would increase because of higher refunds on income taxes.
Illustrate what measures can the Indian government, international organizations, the mulitinationals take to help the industry revive.
The total sum of squares is 400 and the sum of squares errors is 100, what is the coefficient of determination?
At an annual compound interest of 10% per year, would you rather receive $10,000 per year for 5 years or receive $5,000 per year for 10 years What is your preference if you must pay these amounts rather than receive them
The Clark Corporation wants to expand. It is planning a cash purchase of Kent enterprises for $3 million. Kent has a $700,000 tax loss carryforard that could be used immediately
Suppose Gillette makes razors and blades. The marginal cost of producing blades is 1 and assume the marginal cost of producing razors is 5. Gillete has a monopoly in the razor market, but the blade market is competitive.There are two types of cons..
Over the past two decades, according to the U.S. balance of payment, the current accounts and the capital account balance tend to move in same direction.
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