Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Apple feels it is a price leader in the mobile phone market with all the other producers acting as followers. the total demand for mobile phones is given as:
P= 22500-5Q(T)
Apple's Marginal cost function for their mobile phone is:
MC(L)=4450+4.25Q(L)
The overall marginal cost function for the non leaders is
MC(F)=2150+4.5Q(F)
A. if apple wants to maximize profits, how many mobile phone units should they produce? and how much should they charge?
B. what is the total amount of mobile phones demanded in the market at the price apple set in the previous question? how many do the followers supply?
Comment: show me the steps to get to the answers please?
Interview a small business owner and ask him or her about both the positive and the negative role of government in their business. Write a 2 page summary of your interview and include the questions you asked.
Industry-land was so named because it is highly industrialized. It is a world leader in production of manufactured goods. If industry-land put all its productive efforts into manufactured goods, it could produce 1,000 units per year. Draw a produc..
Why does the government have a bad reputation of being inefficient? And if it is inefficient in some areas and not others, does that mean they should privatize the inefficient responsibilities?
Use the information below to calculate the Consumer Price Index and the inflation rate. The base year is 1975.
The production function at Ginko's Copy Shop is q = 1000 x min(L, 3K), where q is the number of copies per hour, L is the number of workers, and K is the number of copy machines. As an example, if L = 4 and K = 1, then the minimum of L and 3K, min(L,..
In many developing countries, government regulations and red tape impose high costs on those who officially register capital ownership. The dead capital problem that these government inefficiencies create reduces investment and growth.
Fill in the column "Society's willingness to pay." Then draw a graph of society's demand for the public good.
Is the concept of “serving the poor” really an attractive business opportunity? How does business leadership drive companies such as Nokia to pursue such an opportunity?
q. foreign-born population which countries have the most? the united nations department of economic and social affairs
Labor turnover during periods of economic expansion is largely the result of: Full income. If leisure is a normal good, an increase in nonlabor income will cause the quantity of labor supplied to:
The government wants to make medicare benefits available to more people, but to achieve this goal, it needs to make cuts in the existing medicare budget. The two areas where they are considering cuts are non-essential elective surgery and 6-12 month ..
Two factors determine the legal reserves that a commercial bank must hold by law.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd