What is the maximum level of net benefits

Assignment Help Business Economics
Reference no: EM13986330

Your firm's research department has estimated your total revenues to be R(Q)=3,000-8Q^2 and your total costs to be C(Q)=100+2Q^2. What is the maximum level of net benefits?

Reference no: EM13986330

Questions Cloud

Complete the following table to quantitatively analyze : Open an additional window, at an additional cost of $18 per hour. The second window will have the same service rate as the first. Each window will have a separate line and the customers will join the shortest line.
Under oligopolistic market conditions : Under oligopolistic market conditions, a. the pricing actions of any one firm have no significant effect on the others b. the pricing actions of any one firm have a significant effect on the others c. no firm can have any control over its output pric..
Perfect competition results in firms producing : In the long run, perfect competition results in firms producing a. at the minimum point of their long-run average cost curves, which indicates allocative efficiency b. where price equals marginal cost, which indicates economic efficiency c. where pri..
Define three types of elasticity of demand : Define three types of elasticity of demand. Indicate how you would use information from recent research paid by your company that the own price elasticity of your product is -1.2 and not -0.8 as previously thought
What is the maximum level of net benefits : Your firm's research department has estimated your total revenues to be R(Q)=3,000-8Q^2 and your total costs to be C(Q)=100+2Q^2. What is the maximum level of net benefits?
How many numbers without decimal points : How many numbers without decimal points must you select w/o replacement from the range [1, 101] in order to guarantee: that at least 1 odd number is chosen? that at least 1 even number is chosen?
Designing for reusability : Programming Essentials - Designing for Reusability Discuss the concept of reusability and how to design for reusability. Provide an example with your posting.
What is the best college to attend in the southern : What is the best college to attend in the southern region for computer science major
Salaries for a buisness : You are assigned the task of creating a program for your boss that will help him keep track of his employee's salaries and ensure that an employee is not entering their salary twice.  There are two types of employee's full time and part time

Reviews

Write a Review

Business Economics Questions & Answers

  Commercialization of agriculture

Discuss the elements the led to the successful northern commercialization of agriculture and the differences between the northern commercialization and southern commercialization of agriculture.

  Alternative ways of helping poor people get housing

Consider three alternative ways of helping poor people get housing: government-subsidized housing costing $6,000 per year, a housing voucher worth $6,000 per year toward rent on an apartment or a house, or $6,000 per year in cash. Which would you pre..

  What does the elasticity of demand for labor measure

What does the elasticity of demand for labor measure? List and describe the three determinants of this type of elasticity.

  What types of data are retail stores currently collecting

Play Around Toys Inc. operates stores in different regions of the country. The senior management of Play Around Toys Inc. has decided to tailor the merchandise selection for each store based on its sales patterns. What types of data are other retail ..

  Hong kong dollar

Hong Kong dollar, and the one-year forward exchange rate is 9 yen per dollar. Determine whether or not there is an arbitrage opportunity and, if possible.

  Given the formal structure of the solow model

Given the formal structure of the Solow model, the numbers in the first column should in principle be per-worker GDP numbers. However, for purposes of the problem.

  What term do economics use to describe this second outcome

If the CPI was 110 last year and is 121 this year, what is this year’s rate of inflation? In contrast, suppose that the CPI was 110 last year and 108 this year. What is this year’s rate of inflation? What term do economics use to describe this second..

  Q1 megan used to work at the local pizzeria for 15000 per

q1. megan used to work at the local pizzeria for 15000 per year but quit in order to start her own deli. to buy the

  Consider the market for taxi service

Consider the market for taxi service in Washington, DC. Use demand-supply analysis to explain the effects (i.e., increase or decrease) on the equilibrium price and quantity from the following (considers each case separately; and assumes that only one..

  Do you favor having government more and more power

In general, do you favor having government more and more power to regulate private industry? Please provide documentation for your answers. Feel free to comment on the postings of your fellow students.

  What price should the stock sell for

A stock is paying a dividend of $3.10 annually and has an expected rate of return of 7%. You expect the dividend to grow at a rate of 2% for the indefinite future. What price should the stock sell for?

  Design of choices which influence the decisions

Nudge theory is mainly concerned with the design of choices which influence the decisions we make. According to the theory, what factors should we consider when designing choices?

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