Monopolist produce in order to maximize profits

Assignment Help Business Economics
Reference no: EM131393716

A monopolist faces market demand given by P = 100 – 3Q. For this market, MR = 100 – 6Q and MC = 25. What quantity of output will the monopolist produce in order to maximize profits?

Reference no: EM131393716

Questions Cloud

Write an essay analyzing the achievements of the sandinistas : Write an essay analyzing the achievements and failures of the Sandinistas since the victory of the revolution in 1979 until their electoral defeat in 1990.
Design a napkin holder to sit on the table : The holder must hold a minimum or 12 napkins and come in a variety of colors or a selection of wood grains to complement the modem kitchen.
Profit for each firm herfindahl index and welfare : Consider a Cournot model in which prior to merger there is one low cost firm with marginal cost equal to 12 and 2 high cost firms with marginal cost equal to 24. Fixed costs are zero and inverted market demand is given by P = 48 – Q. Solve for the pr..
Prepare an assembly drawing showing the conductors : Prepare an assembly drawing showing the conductors, support, and tank wall. Include an item list. On a second sheet prepare the details of the parts required. Scale to suit.
Monopolist produce in order to maximize profits : A monopolist faces market demand given by P = 100 – 3Q. For this market, MR = 100 – 6Q and MC = 25. What quantity of output will the monopolist produce in order to maximize profits?
What features of disney films support or undermine cronon : Defend your claims by citing specific passages in Cronon and specific details from movies. Do you agree with Lutts that films like Bambi cultivate in us a problematic view of nature? If so, what is that view? If not, how can we harmonize those vi..
Design a personalized key holder for a recreation vehicle : Design a personalized key holder for a recreation vehicle that is used occasionally. When not in use, it must hang on a wall or key rack. The material is to be lightweight and colorful.
Create an ethics code for a hypothetical government entity : Your assignment is to create an ethics code for a hypothetical government entity or agency. Please describe the agency you propose, then create an ethics code for your agency. You can find helpful suggestions at the Institute for Local Government...
What is the role of capacitors in the ac analysis : Compare a calculated and measured values. Discuss whether the values are the same of different. If they are different, provide the reasoning. What is the role of capacitors in the AC analysis

Reviews

Write a Review

Business Economics Questions & Answers

  Calculate the project safety margin and switching values

A project involves the following costs among other cost items. Salaries for staff and raw materials. Revenue estimation has shown that at the expectedprice of TZS 20000 per ton of output, initial NPV is TZS 20 million. Calculate the project safety ma..

  Listed to provide survival rate

Treatment X is listed to provide a survival rate of 75% It is also determined that no intervention by itself provides a survival rate of 5% What can we conclude?

  The bureau of labor statistics reported

The Bureau of Labor Statistics reported that in 2004 the total labor force was 147,401 thousand of a possible 223,357 thousand working-age adults. The total number of unemployed was 8,149 thousand. From this information,

  Number macroeconomic variables decline during recessions

A number macroeconomic variables decline during recessions. One of these variables is the GDP. What other variables, besides real GDP, tend to decline during recessions? Given the definition of real GDP and its components, explain the declines in the..

  How does this influence the unemployment rate

When looking at inflation, you will find that this is measuring how much prices change. How does this influence the unemployment rate?

  About the bond issued

Suppose that you are trying to decide whether to spend 2,000 on stock issued by WildWeb or on a bond issued by the same company.There is a 30 percent chance that the value of the stock will rise to? 4,400 at the end of the year and a 70 percent chanc..

  Nominal annual interest rate compounded monthly

A local department store offers 24-month financing for a certain $1,000 appliance at an “interest rate of 9% per year”. What is the effective annual interest rate a customer would actually pay for this financing? What is the nominal annual interest r..

  What is the industry marginal revenue at profit-maximizing

If the firms form a cartel to maximize industry profit, what is the industry marginal revenue at the profit-maximizing level of output?

  The effects of expansionary fiscal policy in the model

Assume an economy is closed. According to classical economic theory, explain what will be the long-run effects of the increase in government purchases of the late 2000s. You need to present and discuss a formal model in detail for this question and t..

  Procedures for exchanging goods

An institutional arrangement that provides people with opportunities and procedures for exchanging goods, services and resources is called: Select one: a. Barter b. A social economy c. A market d. Trade Next

  What is the geometric gradient

An EOY Geometric gradient lasts for 10 years, whose initial value at EOY three is $5,500 and average rate f = 8% per year thereafter. The interest rate is 12%/year. What is P0 for the geometric gradient?

  Illustrate graphically the effects of both policies

Illustrate graphically the effects of both policies on the market for cigarettes. In your discussion answer the following: Are these two programs at odds with the goal of reducing cigarette consumption?

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!

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