User Account

All Pages

What is the firm profit-maximizing quantity

Assignment Help Business Management
Reference no: EM131479999

1. A firm operates in a perfectly competitive industry. Suppose it has a short run total cost function given by TC= 12000 +0.002q^2. If the market price is 12, what is the firm's profit-maximizing quantity?

2. A firm operates in a perfectly competitive industry. Continue to suppose it has a short run total cost function given by TC= 12000 +0.002q^2. If the market price is 12, what is the highest profit the firm can earn?

Reference no: EM131479999

Questions Cloud

A description of two types of sex offenders : Post a description of two types of sex offenders. Then, explain the types of sex offenses each type of offender commits. F
Bankruptcy abuse prevention and consumer protection act : Prior to the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005,
Describe how this affects the central banks ability : Consider two countries with fixed exchange rate regimes. In one country, government authorities exert fiscal dominance. In the other, they do not.
Perceptions are just as important as reality : Phil Cooke, author of Unique (Telling Your Story in The Age of Brands and Social Media) states that “perceptions are just as important as reality.”
What is the firm profit-maximizing quantity : Suppose it has a short run total cost function given by TC= 12000 +0.002q^2. If the market price is 12, what is the firm's profit-maximizing quantity?
Write reply - idea of a kill switch : This idea of a kill switch seems like it is taking us further in that direction by offering more control of the population.
How do you define integrity : How do franchises differ from other businesses? How do you define integrity?
What factors bind marriages and families together : "What factors bind marriages and families together? How have these factors changed, and how has the divorce rate been affected?"
What is the percentage increase in the price level : The government of the Republic of Andea is currently pegging the Andean peso to the dollar at E = 1 peso per dollar. Assume the following: In year 1 the money.

Reviews

Write a Review

Business Management Questions & Answers

  What kinds of sources do you plan to use for research

What kinds of sources (for example, company website, annual report, government websites, and library articles) do you plan to use for research?

  What are components of group diversity

What are the characteristics of effective teams? How do roles, needs, and diversity affect teamwork? Provide specific examples. What are components of group diversity?

  Sponsor of a project involving global team members

You are the sponsor of a project involving global team members, some of whom have never worked together before. You have requested to attend the next project status meeting to share leadership support of the team's efforts thus far and reiterate t..

  How your companys activities will affect the environment

Discuss how your company's activities will affect the environment and identify the steps you will take to mitigate any negative impacts.

  Problem baased on environmental and industry analysis

Milestone Two: Environmental and Industry Analysis. Also, you will do an Industry Analysis that will describe the industry within which your business will operate. The major focus of this section is on specific industry trends.

  Critically evaluate the value innovation strategy

BUISNESS MANAGEMENT - Write an essay of approximately 1 500 words in which you critically analyse and evaluate the Value Innovation strategy that Sanlam opted for in their 2009 Blue Star Financial Adviser initiative.

  Biggest challenges facing organizations in the next 20 years

Biggest Challenges Facing Organizations in the Next 20 Years

  Basic theories and principles or intention of health

Health and safety codes and regulations are intended to support the basic theories and principles or intention of health and safety regulation. How can they do this?

  Existing challenges in utilization management

Discuss how utilization management may change in the future. Consider the following questions in your response: What are the existing challenges in utilization management that would evoke changes?

  Encourage self-leadership

Show how she can encourage self-leadership and which conditions would encourage self-leadership to be more likely to occur

  Important information about project communication

important information about project communication planexplain what will happen if you do not develop a formal

  Determining the emergency management agency

You work as an emergency manager for a small town that just created the position. As the local emergency management agency did not previously exist you are in charge of a new agency.

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