User Account

All Pages

Level of production-price and total profit per week

Assignment Help Business Management
Reference no: EM131309488

A firm faces the following average revenue (demand) curve: P = 100 - 0.01Q where Q is weekly production and P is price, measured in cents per unit. The firm's cost function is given by C = 50Q + 30,000. Assuming the firm maximizes profits,

A) What is the level of production, price, and total profit per week?

Reference no: EM131309488

Questions Cloud

What kind of helpful advice can you give to each party : Respond to domestic intercultural issues. As a manager, how would you respond to each of the given situations? What kind of helpful advice can you give to each party?
Planning to set-aside to complete : A lower grade is the opportunity cost of increased leisure or increased income. Also identify your position point on the PPF, and indicate how many study hours you're planning to set-aside to complete your coursework in this class.
Resolve the problem of excess carbon emissions : Assume that everyone agrees that global warming is both real and caused by humans. Give two major reasons why bargaining in the spirit of Coase is unlikely to resolve the problem of excess carbon emissions.
What are the distinguishing features : What are the five types of violence, according to political scientist Fred R. von der Mehden? What are the distinguishing features of each type of violence? Are these types of violence mutually exclusive or not? Which type of violence do you think..
Level of production-price and total profit per week : A firm faces the following average revenue (demand) curve: P = 100 - 0.01Q where Q is weekly production and P is price, measured in cents per unit. The firm's cost function is given by C = 50Q + 30,000. Assuming the firm maximizes profits,
Which emotions does he or she convey : As an alternative to this exercise, watch a few minutes of your favorite stand-up comedian online. What facial expressions do you see, and which emotions does he or she convey?
Discuss which reasons for theoretical thinking can be apply : Review the 7 Reasons for Theoretical Thinking in Chapter Two. Find a current news article, journal article, or scholarly paper written on a theory in healthcare. Summarize the article and discuss which reasons for theoretical thinking can be app..
Find the quantity of bread produced in paris : To achieve the socially optimal output, government can use a price-based intervention. Determine the ideal measure for government to use to achieve this goal. Specify both the type of policy and its magnitude.
Changes in interest rates : Why will there be less crowding out of private spending by government spending the less sensitive consumption, investment, and net exports are to changes in interest rates?

Reviews

Write a Review

Business Management Questions & Answers

  How to win friends and influence people

A lot of the traditional 20th century sales theory and training was influenced by the 1937 book 'How to Win Friends and Influence People'; who wrote it?

  Should you have the shoes manufactured in indonesia

Assuming that the decision is yours to make, should you have the shoes manufactured in Indonesia and make higher profits for your company?

  Determine the following prior deciding a prescription- a

determine the following prior deciding a prescription- a maximize effectiveness at the least cost b maximize

  Model of strategic management of human resources

Review the model of Strategic Management of Human Resources and describe how it impacts an organization.

  Statements for the organization

For yourself - please build upon what you did for CD1 - what are your values, vision, and mission? For your organization you work for or wish to work for, please state how and where you found these statements for the organization.

  Prepare a financial overview for bringing the ipad

Prepare a financial overview for bringing the iPad to South Korea?. How do I include a chart that represents the general budget for my global venture and explain how mycompany deals with foreign exchange risk for your global operation

  What will be the overall spending effect on the economy

What will be the overall spending effect on the economy?

  What is one of the primary symbols

Consider a company with which you are familiar. What is one of the primary symbols or cultural artifacts that employees would recognize (not a customer marketing logo or slogan)? Answer the following questions about the culture of the company:

  Explain how could which many people be wrong

Alex invested $10,500 in an account which pays 6 percent simple interest. Explain how much money will he have at the end of four years?

  Cvp relationships are unimportant in nonprofit organizations

CVP relationships are unimportant in nonprofit organizations. Do you agree? Explain?

  Why cost estimation important component of project planning

Why is cost estimation such an important component of project planning? Discuss how it links together with the Work Breakdown Structure and the project schedule.

  What information is necessary to develop job descriptions

What information is necessary to develop job descriptions? What are some of the qualities of a well - constructed job description

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd