User Account

All Pages

Separate markets in the united states and england

Assignment Help Business Management
Reference no: EM131433922

A monopolist has a constant marginal cost of $2 per unit and no fixed costs. He faces separate markets in the United States and England. He can set one price p1 for the U.S market and another price p2 for the English market. If demand in the United States is given by Q1 = 6,000 - 600p1 and demand in England is given by Q1 = 2,400 - 400p2, then the price in the United States will

a. be larger than the price in England by $2

b. be smaller than the price in England by $2

c. equal the price in England

d. be larger than the price in England by $4

e. be smaller than the price in England by $4

Reference no: EM131433922

Questions Cloud

Explain critical requirements of audit for your organization : Identify critical requirements of audit for your chosen organization and explain why you consider them to be critical requirements. Choose privacy laws that apply to the organization, and suggest who is responsible for privacy within the organizatio..
Transform an organization from batch-and-queue material : Apply this method as an analog to the methods that the authors of The Lean Turnaround present to transform an organization from batch-and-queue material and information processing (conventional management) to flow (TPS/Lean management)
Discuss about the internship job offer : CRJU-4999-Assuming that you did an internship in a local Group Home facility, Diversion Center, Transitional facility or a Crime Lab, Police Department, Sheriff Department, etc and after your internship, you are offered a temporary position where ..
My current thoughts about jobs and careers : My current thoughts about jobs and careers: What can you see yourself doing or not doing? What aspects of a job or profession are interesting or important to you (e.g. location, working alone or part of a group, working with people/numbers/things, nu..
Separate markets in the united states and england : A monopolist has a constant marginal cost of $2 per unit and no fixed costs. He faces separate markets in the United States and England. He can set one price p1 for the U.S market and another price p2 for the English market. If demand in the United..
Goal is to minimize his total expected cost for the summer : During the summer, Olympic swimmer Adam Johnson swims every day. On sunny summer days, he goes to an outdoor pool, where he may swim for no charge. On rainy days, he must go to a domed pool. At the beginning of the summer, he has the option of purcha..
Estimation or measurement of gdp : What are various methods to measure GDP and what problems are involved with each method used in estimation or measurement of GDP?
What is its important and effect on organization : Change is important but requires close check by the managing team. What is its important and effect on organization.
Diagrams relevant to the problem : Feel free to incorporate graphs, drawings, and diagrams relevant to the problem. Use made up income, prices, and happiness levels if you wish, too.

Reviews

Write a Review

Business Management Questions & Answers

  Create a link between strategy and operations

How to create a link between strategy and operations. Try to provide a critical analysis to your approach in establishing this link.

  Prepare a business essay aboput twitter inc

Prepare a business essay aboput Twitter Inc. The specific objective of this critical assignment is to conduct a managerial examination of a company.

  Show academic proffessional success

Discussion board post, draft an email that you would send in response to the scenario chosen being sure to indicate the recipients intended.

  Identify the corporate strategies formulated by margaret

Recognize the corporate strategies that were formulated through Margaret Whitman that led to the success E-Bay. Indicate any obstacles she had to overcome.

  Components of strategic planning for the organizations

Respond in one of the following ways: Share additional insights as to why strategic planning is relevant to the organizations that your colleagues described. Identify additional critical components of strategic planning for the organizations that you..

  Explain kouzes and posner leadership model

Kouzes and Posner leadership model - fundamental practices in Kouzes and Posner's leadership model

  Private marginal cost of production

1. Consider the production of a good Q that causes an externality. Suppose the private marginal cost of production is PMC = 6. Demand for the good is given by Q = 20 - 2P. An externality is caused by production, that creates marginal damage MD = 1..

  Consumption of cigarettes depends negatively on income

(a) Consider the following model: log(income) = β0 + β1cigs + u1 How do you interpret β1 if E [u1|cigs] = 0? (b) Estimate the model by OLS and discuss the estimate of β1. (c) Discuss the interpretation of ˆ βOLS 1 if consumption of cigarettes depends..

  Discuss the given statement

Discuss the following statement: - - "An individual who owns a business should be able to recruit and hire whomever he or she pleases."

  What are the service levels

To achieve a 99% service level, what should be the reorder point? What are the service levels (probability of not having a stock out) if the salt is reordered when the inventory level drops to

  Health of individuals and populations

Describe generally the important roles played by policy and law in the health of individuals and populations. Differentiate among the three ways to conceptualize health policy and law. Compare the roles of federal and state government in the policyma..

  Immigration officials from the department of homeland

In July 2006, immigration officials from the Department of Homeland Security ran a sting operation in which they posed as OSHA official. When construction workers showed up at a "mandatory OSHA meeting," thee immigration officers arrested 48 worke..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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