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A state owned company is providing electricity at the price of $0, 105 and faces the demand for electricity P = 1.255 - 0.001Q. The company has a cost function C(Q) = 100.625 + 0.1050Q. Commonwealth of Pennsylvania sells the firm, and now the firm's only goal is profit maximization.
What is the number of kilowatt hours of electricity produced and what is the price that company will charge?
How much more profit will this firm make as a result of privatization.
If you could create the "perfect" society that protects its citizens yet fosters personal growth and help them be productive, what will it look like? For this paper design your own society based on the above ideas and explain why you think it is the ..
If the output from a land source brings revenue of $400, transport costs of shipping this output to market are $55 and the land used in production is 4 acres, what will the rent for this land be? If you can’t solve this problem, state why it is not p..
A successful man make a donation to his Sister for building a new store and upgrading shops, as well as for establishing a store fund. The donation is planned to be spent as follows: $200,000 each year for the first three years, $250,000 each year fo..
Corporation strategy and business (or competitive) strategy. Company is "Whole food market INC in 2014". What have been the key elements of the company’s corporate strategy up until the time of the case? What is the company’s business strategy (igno..
q1. the hilton hotel chain serves both business and vacation travelers. d business and mr business represent the demand
Jon consumes only two goods: coffee and donuts. When the price of coffee falls, he buys the same amount of donuts and more coffee. Draw a indifference curve and Budget line diagram to illustrate Bob's pattern of consumption. What does this tell us ab..
Referring to the concept of entry barrier and explain dunning ideas on strength of multinational enterprise. How would an enterprise take advantage of different levels of innovation? (i.e., of major innovation vs minor innovation.
A machine costs $70,000, and generates revenue of $20,000 per year. However, O&M costs are $3,000 per year. The machine lasts 7 years and your MARR is 8% annual rate compounded annually. What is the Present Worth (or Net Present Value)?
Which of the following could be the price elasticity of demand for a good for which a decrease in price would decrease revenue?
q1. why does the saying no taxation without representation make sense for public goods but not for private goods?
Determine the current amount of money that must be invested at 15?% nominal? interest, compounded?monthly, to provide an annuity of ?$11,500 ?(per year) for 4 ?years, starting 13 years from now. The interest rate remains constant over this entire per..
Suppose a monopolist’s costs are described by the function C = 200 + 2Q2, and it faces a demand curve of Q = 240 – p. If it cannot price discriminate, what are the profit-maximizing price and quantity? What are profits?
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