Profit maximizing output and the resulting profit

Assignment Help Business Management
Reference no: EM131608142

A competitive firm's short run total cost function is given by TC = Q^2 + 40 Q + 81

(a) Determine the range of prices for which the firm incurs a loss but continues to produce. Also determine the range of prices for which the firm earns a profit.

(b) Calculate the profit maximizing output and the resulting profit when price is $100.

Reference no: EM131608142

Questions Cloud

Discuss strengths and weaknesses of article you summarized : Discuss the Strengths and Weaknesses of the article you summarized as well as a Concluding Paragraph in which you summarize your thoughts.
Conditions oligopolistic market structures : Explain under what conditions oligopolistic market structures lead to higher productive and allocative efficiency and more choice for consumers compared.
Develop your public health leadership theory : What methodological steps will you use? How will you collect data? A description of how your theory incorporates aspects of systems thinking.
What is the expected winning bid : What is the expected winning bid if there are three bidders?
Profit maximizing output and the resulting profit : Calculate the profit maximizing output and the resulting profit when price is $100.
Explain childrens books for sexism and racism : Ten Quick Ways to Explain Childrens Books for Sexism And Racism. Describe where you think the text falls on the Cultural Competence Continuum and why.
Discuss the thing about cassandra : Discuss at least one of the major themes in the story
What are network effects : What are network effects? What market power does a social network such as Facebook imply for a business that has a Facebook profile?
Competitive ebbs and flows of such markets : In monopolistically competitive markets, advertising plays a critical role in the competitive ebbs and flows of such markets.

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!

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