What is the monopolists optimal markup of price

Assignment Help Microeconomics
Reference no: EM13872220

Suppose a monopolist has the demand function Q= 1,000 P-3. What is the monopolist's optimal markup of price above marginal cost

Reference no: EM13872220

Questions Cloud

Early childhood education program review : After you review each video, describe five characteristics you observed about how each program is conducted. Please include the URL address for each video you review.
Which inventory costing method minimizes income taxes : Calculate the number and cost of goods available for sale. Calculate the number of units in ending inventory. Compute the cost of ending inventory and cost of goods sold under (a) FIFO, (b) LIFO, and (c) weighted average cost. Compare the Income from..
Speed of the water in the middle section : The speed of the water in the middle section is 0.500 m/s. What is the net work done on 0.400 m3 of the water as it moves from the left section to the rightsection?
Identify what account should be debate to record expenditure : For each item above, identify what account should be debited to record the expenditure. Indicate in which classification the related account will be reported in the financial statements.
What is the monopolists optimal markup of price : What is the monopolist's optimal markup of price above marginal cost
Gravitational force on the water : The barrel and tube are filled with water (to the top of the tube). Calculate the ratio of the hydrostatic force on the bottom of the barrel to the gravitational force on the water contained in the barrel. Why is that ratio not equal to 1.0? (You ..
Analysis of wan found in the virtual organizations : Write the assessment for Riordan Manufacturing using the service request SR-rm-00-7 Analysis of WAN found in the Virtual Organizations
Explain how the cost of an intangible asset is determined : Explain how the cost of an intangible asset is determined. Explain how to determine whether an intangible asset is to be amortized or not amortized.
What are the relative densities : In the first liquid, which is water, it floats fully submerged. In liquids A, B, and C, it floats with heights h/2, 2h/3, and h/4 above the liquid surface, respectively. What are the relative densities (the densities relative to that of water) of?

Reviews

Write a Review

Microeconomics Questions & Answers

  Find the locus of zero-profit contracts for insurance farm

Finally, find the locus of zero-profit contracts (y1, Yi) for the insurance furn if it knows that it is dealing with a high-risk client, with a low-risk client, a

  Impact of globalization on firms cost structure and markets

Choose a United States based company with global operations. Discuss and explain the impact of globalization on the company's cost structure, markets, currency risk, and overall strategy.

  Explain each market structure perfect competition

you have been hired as a consultant by your local mayor to look at the various market structures. your role is to

  Soccer balls are selling in a purely competitive market

Firms in the market for soccer balls are selling in a purely competitive market. A firm in the soccer ball market has an output of 5,000 balls, which it sells for $10 each. At the output level of 5,000 the average variable cost is $6.00, the average ..

  Relating to comcast and the market

The question below is regarding Comcast. They are involved in an Obligopolistic market. Can you please help me to provide the answer for the questions below relating to Comcast and the market.

  Determine the firms marginal revenue function

Determine the firms marginal revenue function, its profit-maximizing quantity, its profit-maximizing price, and its profit.

  Production function fx1 x2 x1x2 the prices for the inputs

production function fx1 x2 x1x2. the prices for the inputs are 2 and 8 respectively.a. if x2 is fixed at x210 derive

  An exchange rate can be maintained only as long as

An exchange rate can be maintained only as long as

  Completely pay for the medical treatment

Calculate the maximum amount that we would be willing to pay to get rid of our loss. If we could buy an insurance policy for $30,000, which would completely pay for the medical treatment that we may need, should we purchase this insurance policy? Exp..

  Mexico at the cost of 25 per pair and imports no shoes from

assume that canada imports 1 million pairs of shoes from china and none from mexico. a 50 tariff is added by canada so

  Determine the highest and lowest payments from the writer

what are the highest and lowest payments from the writer that the beekeeper- farmer team will accept for the sixth day?

  Mandate favoring transparency

How would you determine which is the more acceptable path in situation - the company had been put on WTAC.

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