Given this information the total demand q

Assignment Help Business Economics
Reference no: EM13153232

A firm sells its output in two markets, domestic D and foreign F. The domestic demand is QD = 50 - 5 P, while the foreign demand for the firm's product is P = 10 - 2 QF . Given this information, the total demand Q (where Q = QD + QF ) that this firm faces satisfies Answer P = 60 - 8 Q Q = 55 - 5.5 P Q = 60 - 7 P none of the above.

Reference no: EM13153232

Questions Cloud

Profit maximizing prices : The marginal cost of servicing a skier of either type is $10. If Snow City Ski Resort (third-degree) price discriminates then the profit maximizing prices
How does the texture of articular cartilage compare : How does the texture of articular cartilage compare to that of periosteum?
Confidence interval for mean absolutely refractory period : Give a 90% confidence interval for the mean "absolutely refractory period" for all rats of this strain when subjected to the same treatment.
Return on investment and residual income : Kettle Company has sales of $450,000, operating income of $250,000 average invested assets of $800,000, and a hurdle rate of 10 percent. Calculate Kettle's return on investment and its residual income.
Given this information the total demand q : while the foreign demand for the firm's product is P = 10 - 2 QF . Given this information, the total demand Q (where Q = QD + QF ) that this firm faces satisfies
Show a variance in phenotypes from the wild-type plants : Did any of the mutant plants show a variance in phenotypes from the wild-type plants under one of the experimental conditions? Explain your answer.
What are the various formes of dispute resolution available : what are the various formes of dispute resolution available to your company? what are the advantages and the disadvantages of each for your company?
What type of receptor agonists or antagonists : Asbestosis, like bronchitis, can be treated with inhalers. Based on your understand of the autonomic nervous system, what type of receptor agonists or antagonists could be used in an inhaler for this purpose?
What kind of results would you expect from a racemic product : Is there an analytical technique we could employ to verify that the camphor is also racemic? What type of instrument would you use? What kind of results would you expect from a racemic product?

Reviews

Write a Review

Business Economics Questions & Answers

  Sales director for an industrial supplies firm has collected

The sales director for an industrial supplies firm has collected information describing the performance also personal characteristics of 80 members of her sales force.

  Elucidate why a firm might want to produce its good

Elucidate why a firm might want to produce its good even after diminishing marginal returns have set in and marginal cost is rising.

  Illustrate what is the next best thing to sliced bread

Illustrate what is the next best thing to sliced bread in your product or is your product the next best thing.

  Elucidate why an increase in one firm output tends

Elucidate why an increase in one firm's output tends to deter production by the other.

  Discuss how deficit spending relates to economic collapse

Discuss how deficit spending relates to the economic collapse of the Greece and Spain economies. Relate their economic collapse to U.S. current economic problems.

  Exhaustion of the product

Wicksteed made a significant contribution to value theory during the marginal utility revolution. This contribution was the "Exhaustion of the product"

  Compare the additional income microsoft makes as it moves

Compare the additional income Microsoft makes as it moves from 20 million to 40 million copies of Vista with the additional income it makes as it moves from 40 million to 60 million copies of Vista.

  Production possibility frontiers for the two countries

Draw the production possibility frontiers for the 2 countries. Draw the world relative supply curve for manufactures.

  Describe graphically why someone guaranteed an annual salary

Describe graphically why someone guaranteed an annual salary might choose to work fewer hours than someone who could earn that same amount through hourly pay.

  Adjusting inflation

As part of your answer converse whether or not one or more of the legs of the organizational stool was unbalanced.

  Elucidate in writing to what market your derivation

Be sure to label all axis and curves on your graphs. Elucidate in writing to what market your derivation brings equilibrium and how it accomplishes this.

  Government requires insurance

What kinds of people are most likely to have their utility reduced by such a law. Why do you think that the government requires such insurance.

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