User Account

All Pages

Marginal revenue of the unit of output

Assignment Help Business Management
Reference no: EM131709312

1. A monopolist can sell 300 units of output for $29.00 per unit. Alternatively, it can sell 301 units of output for $28.25 per unit. The marginal revenue of the 301st unit of output is:

A.$196.75.

B.-$0.75.

C.$28.25.

D.-$196.75.

2. Suppose a monopolist faces the demand curve P = 164 - 1Q. The monopolist's marginal costs are a constant $22 and they have fixed costs equal to $132. Given this information, what will the profit-maximizing price be for this monopolist?

Round your answer to two decimal places. Do not use a $ sign.

3. Suppose a monopolist faces the demand curve P = 137 - 1Q. The monopolist's marginal costs are a constant $25 and they have fixed costs equal to $104. Given this information, what are the maximum profits this firm can earn?

Round your answer to two decimal places. Do not use a $ sign.

4. Suppose a monopolist faces the demand curve P = 122 - 2Q. The monopolist's marginal costs are a constant $17 and they have fixed costs equal to $115. Given this information, if the firm maximizes their profits, what would be size of the deadweight loss in this market?

Round your answer to two decimal places. Do not use a $ sign.

Reference no: EM131709312

Questions Cloud

What is the average utilization of the machines : You have two milling machines dedicated to production of a single product. what is the average utilization of the machines?
Examine the case canney v town of brookline : Should the town be permitted to restrict the police officers' enjoyment of their comp time entitlements in this fashion? See Canney v. Town of Brookline.
Economy long-run potential capacity : Describe the natural correction process if we find the economy's output has exceeded the economy's long-run potential capacity.
What is explanation of the health information exchange : What is an explanation of the Health Information Exchange and why is it important?
Marginal revenue of the unit of output : 1. A monopolist can sell 300 units of output for $29.00 per unit. Alternatively, it can sell 301 units of output for $28.25 per unit.
Forecast the sales of this product for year : What seasonal index for each quarter could be used to forecast the sales of this product for year 4?
Discuss about the immigration and naturalization service : The employee, an immigrant, filed a claim with state's labor commission, claiming unpaid overtime entitlements. The employer then reported her immigration.
Create contracts for the sale of real estate : The most common applications of the Statute of Frauds in Virginia are as follows:Holding a person responsible for the promise to pay the debt of another.
Workers compensation overall : Propose the main ways in which health status affects workers' compensation overall. Provide at least one (1) example the model in use to support your response.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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