Optimal price and quantity

Assignment Help Business Economics
Reference no: EM131553863

Suppose the demand of the good is P = 12 - Q. A monopolist's total cost is TC = 2 + 4Q. What's the optimal price and quantity of the monopolist?

Reference no: EM131553863

Questions Cloud

Write a comparative analysis using the financial statements : Write a 700 to 1,000-word comparative analysis using the financial statements of Amazon, Inc. presented, and the financial statements for Wal-Mart
Discuss the row operations : Use row operations to show that x + y + z is a factor of det(A).
Zero economic profit in the long run : Why do perfectly competitive firms make zero economic profit in the long run?
What is amount and character of income that must be reported : What is the amount and character of income that must be reported on Abby's tax return for this year's partnership operations?
Optimal price and quantity : Suppose the demand of the good is P = 12 - Q. A monopolist's total cost is TC = 2 + 4Q. What's the optimal price and quantity of the monopolist?
What is its degree of operating leverage : If a 15 percent increase in sales causes EPS to increase from $5.00 to $7.00, and if the firm uses no debt, then what is its degree of operating leverage?
Topic-international trade : Discuss economic theory related to the quote above. Be sure to include a definition of exports and the way in which exports.
Based on the capm-what is the market risk premium : Assume these securities are correctly priced. Based on the CAPM, what is the market risk premium?
How does deduction for us production activities affect amti : How does the deduction for U.S. production activities affect AMTI? Which of the given is not a condition that permit a stock redemption to be treated as a sale?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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