User Account

All Pages

Market demand for monopolist product

Assignment Help Business Management
Reference no: EM131267068

Consider a monopolist described by the following equations:

Market demand for monopolist's product: P = 100 - Q

ATC for monopolist: ATC = 20 +(3/10) Q

MC for monopolist: MC = 20 + (3/5)Q

In this question we will use the above data to compare a single price monopolist to the same monopolist that is regulated either with average cost regulation or marginal cost regulation. At the end of the question you will fill out a table to compare your results.

a. Given the above information, what is the profit maximizing price and quantity for the single price monopolist? You should round your answers to the nearest whole number.

Reference no: EM131267068

Questions Cloud

What is the atomic mass of carbon : Carbon has two naturally occurring isotopes: C-12 with a natural abundance of 98.89% and isotopic mass of 12 amu, and C-13 with a natural abundance of 1.11% and an isotopic mass of 13.0034 amu. What is the atomic mass of carbon?
Describe how research is used in your organization : Prepare a 1,050-word informal "paper" using the format shown below in which you describe how research is used in your organization (or an organization with which you are familiar), and how it can be used more effectively
Total expenditure on beef after the price change : The price of all other goods remains constant while the price of beef increases by 4%. You respond by reducing your demand for beef by 2%. Is your demand for beef elastic or inelastic? What happens to your total expenditure on beef after the price..
Calculate the pressure at each node : The hydraulic grade line throughout the system.
Market demand for monopolist product : Consider a monopolist described by the following equations: Market demand for monopolist's product: P = 100 - Q
Evaluate the role of an executive level bpm group : Evaluate the role of an Executive Level BPM Group. Who would be members of that group and how is this group responsible for reducing resistance to change
What could you do to prevent moral hazard after employees : Why would you worry about moral hazard after hiring new bartenders arid servers? What could you do to prevent moral hazard after hiring these employees?
Competitive industry with long-run economic costs : The treadmill market is a competitive industry with long-run economic costs. Provided the following information, what is the long-run equilibrium price in this industry?
Create an array function - generate random numbers : Generate random numbers, report total number created, how many were 15, 16, or 17 and report this information to the user.

Reviews

Write a Review

Business Management Questions & Answers

  Changes in healthcarequestion how do we as healthcare

changes in healthcarequestion how do we as healthcare managers stay abreast of changes that will impact the health

  Types of leaders and leadership styles

Companies around the world strive to be productive and successful and to accomplish this they must employ effective leadership. There are many types of leaders and leadership styles.

  Internal and external customers

Make an interesting distinction between 'internal' and 'external' customers?

  Determine which training methodology you would use

Determine which training methodology (i.e., live training, online, reading, etc.) you would use to deliver the training. Provide a rationale for your response

  Describe the problem or opportunity to be analyzed

Identify metrics for tracking program performance and determining success.

  The research paper on ethics in the military

Analysis sources with specific questions in mind (that is Does this article support my topic? How does this article put on to my topic? How am I going to utilize the details of this article in my paper? The Research Paper should meet the following..

  What management procedures could the ioc implement

Are the Olympics a domestic, an international, or a multinational sport organization? - What management procedures could the IOC implement before the 2016 Games to prevent any scandals?

  Determining the company budgeted profit

During 2014, Teko Inc. reported revenues of $925,400 and profits of $88,500. Fixed costs were $456,250 and 37,016 units were sold. If costs and prices are expected to stay the same in 2015, and Teko expects to sell 40,000 units, what will be the c..

  What are your fixed costs for school

a. What are your fixed costs for school, i.e. even if you chose to never attend class thissemester, what costs did you have to pay?

  Spending enough on fighting pollution

"Pollution is causing $100 million worth of damage to the environment and we are only spending $1 million to reduce pollution. We are clearly not spending enough on fighting pollution." Is this statement true? Is marginal analysis needed to answer..

  Evaluate the balance if interest is compounded

Suppose $5000 is invested at an annual interest rate of 10%. Compute the balance after 10 years if interest is compounded (a) annually, (b) quarterly, (c) monthly, (d) continuously

  Prepare a business management paper apple vs amazon

Prepare a Business Management Paper Apple vs. Amazon. Using what we have learned in the course thus far about strategy, competition, competitive advantage, industry forces, and the ways companies compete.

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