Monopolists that face nonlinear demand functions

Assignment Help Business Economics
Reference no: EM131399251

Consider the following monopolists that face nonlinear demand functions.

(a) Suppose a monopolist faces a demand curve of Q= e^100-p, and has costs C(Q) = 4Q x In (Q). Solve for equilibrium quantity and price.

(b) Suppose a monopolist faces an inverse demand curve of P = A-Q^V, and a cost function C(Q) = Q^V+1. Solve for equilibrium quantity and price, as a function of A and v.

Reference no: EM131399251

Questions Cloud

Identify appropriate sources of information : Students will locate and identify appropriate sources of information using multiple sources and methods, including bibliographic, textual, experiential, and experimental research.
Find the percentage in each of the five response categories : What percent of the twelfth-grade students who drive said that they do not always wear a seatbelt when they drive?- Find the percentage in each of the five response categories.
How does globalization impact business entities : What is Globalization? How does globalization impact business entities? How does globalization impact people? How does globalization impact culture?
Example of an applicable market index : You will be required to collect financial statements and /or relevant financial information that detail(s) the past three (3) years (fiscal or calendar) of the chosen investment
Monopolists that face nonlinear demand functions : Consider the following monopolists that face nonlinear demand functions. (a) Suppose a monopolist faces a demand curve of Q= e^100-p, and has costs C(Q) = 4Q x In (Q). Solve for equilibrium quantity and price.
Chain of command-span of control and centralization : Find two organizations that provide the same or similar products or services. One of these organizations should be a large organization and the other should be a small organization. Identify how each is structured and how effective you believe the st..
Write the frequency and relative frequency table : Write the frequency and relative frequency table for these data. Use given Table for guidance.- Draw a bar graph of the percentages (or proportions) found for the relative frequency distribution in part (a).
Estimate slop and y intercept of the population regression : An experiment to study the relationship between x = time spent exercising (minutes) and y = amount of oxygen consumed during the exercise period resulted in the following summary statistics. Estimate the slop and y intercept of the population regre..
Discuss a practical application of a decade resistance box : Discuss a practical application of a decade resistance box. Explore alternative variable resistors available to the engineers and discuss their accuracy and resolution? (Initial post for this question must be at least 75 words.)

Reviews

Write a Review

Business Economics Questions & Answers

  Find better equality for them in our world trade system

In the unit lesson for this module, it is suggested that all things in trade are not equal. How would you help disadvantaged countries to find better equality for them in our world trade system? Please consider the Hecksher-Ohlin model when answering..

  Any economically efficient production process

Any economically efficient production process is always technically efficient. Any technically efficient production process is always economically efficient. A production process must always be both economically efficient and technically efficient.

  African-americans and others of african descent

How is it that certain groups in the United States never given the opportunity to “assimilate”? Include the following groups in your analysis: Hispanics, African-Americans and others of African descent, Native-Americans, and Asian-Americans.

  Estimate the demand for ice cream in his father parlor

what he has learned to estimate the demand for ice cream in his father's parlor during his summer vacation. Using regression analysis.

  Lowcost strategy to attain sustainable competitive advantage

Describe the circumstances under which a firm chooses a low-cost strategy to attain sustainable competitive advantage. What about the situations when a differentiation strategy is chosen?

  Inflation has traditionally been concern of federal reserve

Inflation has traditionally been a concern of the Federal Reserve. Recently, there has been the possibility of deflation. Should the Fed be concerned with deflation of prices? What about targeting 'nominal GDP'? Can deflation occur without recession?..

  Formula for the total demand in the market

If we assume that a given bus market is in competition which charges a flat fare of N$1, and if the formula for the total demand (in thousands) in the market is given by the equation:

  Consumer is currently spending all of her income

Suppose that a consumer is currently spending all of her income on 10 units of goods A and 5 units of goods on B. The price of A is $4.00 per unit, the price of good B is $10.00 per unit, the marginal utility of the last unit of good A consumed is 20..

  Optimal consumption bundle

Boo spend all of her income on tacos. There are only two varieties of tacos: chicken and pork, and Boo preferences pork taco. You could write her function as U=C + 3P. Chicken tacos cost $1, pork tacos $2.50, and she has an income of $40. Derive Boo'..

  What is the stocks constant growth rate

Jane’s sister-in-law, a stockbroker at Invest, Inc., is trying to get Jane to buy the stock of HealthWest, a regional HMO. The stock has a current market price of $25, its last dividend (D0) was $2.00, and the company’s earnings and dividends are exp..

  Capital gains and tax consequences of owning

You currently pay $10,000 per year in rent to a landlord for a $100,000 house, which you are considering purchasing. You can qualify for a loan of $80,000 at 9% if you put $20,000 down on the house. To raise money for the down payment, you would have..

  Social benefit of good that exhibits positive externalities

The marginal social benefit of a good that exhibits positive externalities is ( Greater or Less than ) the private social benefit of that good. Why?

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