If demand in the united states is given by q1 7200

If demand in the united states is given by q1 7200 - 300p1

Assignment Help International Economics

Reference no: EM13377324

If demand in the United States is given by Q1 = 7,200 - 300p1, where p1 is the price in the United States, and if the demand in England is given by Q2 = 3,600 - 200p2, where p2 is the price in England. There is no cost to produce this commodity, if the firm is profit maximizer, then the difference between the price charged in England and the price charged in the United States will be?

Reference no: EM13377324

Questions Cloud

1 when the government increases taxes to provide : 1. when the government increases taxes to provide traditional public goods such national security there tends to bea.

Graph long-run equilibrium to include mc ac d and mr to : graph long-run equilibrium to include mc ac d and mr to answers for questions 1 through 41. perfect competition2.

1 all of the questions in this part refer to the market for : 1 all of the questions in this part refer to the market for jelly doughnuts. all questions are concerned only with the

1 the following is a linear programming formulation of a : 1. the following is a linear programming formulation of a labor planning problem. there are four overlapping shifts and

If demand in the united states is given by q1 7200 - 300p1 : if demand in the united states is given by q1 7200 - 300p1 where p1 is the price in the united states and if the

Question 1 determine whether the following benefits are : question 1 determine whether the following benefits are fringe benefits or exempt fringebenefits and where applicable

A profit-maximizing monopoly faces an inverse demand : a profit-maximizing monopoly faces an inverse demand function described by the equation py 50 - y and its total costs

If the demand schedule for bongs book is q 2000-100p the : if the demand schedule for bongs book is q 2000-100p the cost of having the book typeset is 9000 and the marginal cost

Prevent controls alabama industries manufactures and : prevent controls alabama industries manufactures and wholesales small tools. it sells the tools to a large group of

User Account

All Pages