Qa markets total demand is given by p 40

Qa markets total demand is given by p 40 - z this market

Assignment Help Business Economics

Reference no: EM13354293

Q. A market's total demand is given by P = 40 - Z. This market is supplied by a "dominant firm" and by other, relatively small firms. The small firms' total supply is given by P = 3Y. The dominant firm's total-cost function is TC = (X2/8) + 2X + 3 [In case you have no calculus: Marginal Cost = MC = (X/4) + 2 ].

(a) Find the equation of the dominant firm's derived-demand function

(b) Find the equation of the dominant firm's Total Revenue (TR).

Reference no: EM13354293

Questions Cloud

Q1 an electric circular saw is designed to reach its final : q1. an electric circular saw is designed to reach its final angular speed starting from rest in 1.40 s. its average

Q1 mexico does not have an absolute advantage in producing : q1. mexico does not have an absolute advantage in producing sugar over all of the other sugar producing countries. does

Q1 two small insulating spheres with radius 750times10-2 m : q1. two small insulating spheres with radius 7.50times10-2 m are separated by a large center-to-center distance of

Q1 1 what value enhancers affected your choice of the : q1. 1. what value enhancers affected your choice of the school you attend?2. did you consider size location price

Qa markets total demand is given by p 40 - z this market : q.a markets total demand is given by p 40 - z. this market is supplied by a dominant firm and by other relatively

Q1 the sound level measured in a room by a person watching : q1. the sound level measured in a room by a person watching a movie in a home theatre system varies from 66 db during a

Qanalyze the various ways in which property rights : q.analyze the various ways in which property rights encourage economic development and make at least one recommendation

Q1 planet zero has a mass of 50 acute 1023 kg and a radius : q1. planet zero has a mass of 5.0 acute 1023 kg and a radius of 2.0 acute 106 m. a space probe is launched

Q1 1 give an example of an organization or business in your : q1. 1. give an example of an organization or business in your area that performs the form function and explain why you

User Account

All Pages