What is the price paid by each customer

Assignment Help Business Economics
Reference no: EM131008135

A monopoly's demand curve is P = 200 – 3Q and its MC = $20. How many customers should this company serve? What is the price paid by each customer? What will be the company’s gross revenue in this venture?

Reference no: EM131008135

Questions Cloud

Differently with regard to the financial crisis : What, if anything, do you think should have been done differently with regard to the financial crisis of 2007–2009? Your response may focus on the mortgage industry, the Federal Reserve, the regulatory agencies, or a combination of the three. You may..
Trend of decreasing difference in age : Ages of couples 2007, part 2. Has the trend of decreasing difference in age at first marriage seen in Exercise 40 gotten stronger recently? Here are the scatterplot and residual plot for the data from 1975 through 2007, along with a regression for..
Production possibility frintier-production possibility curve : Production Possibility Frintier and Production Possibility Curve (PPC) are the same thing. Suppose that Jeffrey can produce a maximum of 50 units of corn, 20 units of grapes, or some linear combination of these extremes. Likewise, Sarah can produce a..
Question regarding the e-trust : Online retailers want customers to trust their websites and want to alleviate any concerns potential customers may have about privacy and security. In a study investigating the factors that affect e-trust, participants were randomly assigned to ca..
What is the price paid by each customer : A monopoly's demand curve is P = 200 – 3Q and its MC = $20. How many customers should this company serve? What is the price paid by each customer? What will be the company’s gross revenue in this venture?
How should the reaction be carried out to produce : Product C is produced catalytically. Raw materials are pure A and B. Undesired co-products also formed include BO and BA -  How should the reaction be carried out to produce 100 kmol of C per day?
Draw supply and demand curves : Draw supply and demand curves. Show the impact of an increase in demand on the price and quantity exchanged in the market. Show the impact of a decrease in demand on the price and quantity exchanged in the market.
What would be the pretax amounts related to the investment : What would be the pretax amounts related to the investment that Beilich would report in its statement of cash flows for the year ended December 31, 2011?
Calculating the stock returns : Companies that are ISO 9000 certified have met standards that ensure they have a quality management system committed to continuous improvement. Going through the certification process generally involves a substantial investment that includes the h..

Reviews

Write a Review

Business Economics Questions & Answers

  How do they affect the results of the analysis

What are the variables of a regression analysis, and how do they affect the results of the analysis? What challenge does this pose to getting reliable results?

  Should the firm continue to operate

A firm currently uses 100 workers to produce 200 units of output per day. The daily wage (per worker) is $80, and the price of the firm's output is $50. The cost of other variable inputs is $600 per day. The firm’s fixed cost is 8,000. The marginal c..

  Find the present value of the annuity

A thirty year annuity has end of month payments. the first year the payments are each $120. In subsequent years each payment increases by $5 over what it was the previous year. Find the present value of the annuity if i=3%

  Find the investment acceptable

If you have an asset that costs $20 in year zero and face a MARR of 1%, what is the smallest benefit you could receive in period 5 and still find the investment acceptable?

  Explain what a stronger renminbi means for chinese citizens

China’s currency, the renminbi, has strengthened in recent months. Explain what a stronger renminbi means for Chinese citizens. What does it mean for U.S. companies that use China as a manufacturing base?

  Cholesterol may not be as unhealthy as previously through

New research suggests that cholesterol may not be as unhealthy as previously through. if so what will happen to the demand for eggs a high cholesterol food?

  Discuss the information asymmetry the adverse

Discuss the information asymmetry, the adverse selection problem,and why soft selling is a successful signal.

  Penny is making pipecleaner flowers

Penny is making pipecleaner flowers to sell on Etsy for $1 each. Penny and her friends become more efficient as they gain practice in flower production. The first 100 flowers cost $1.35 each. All the rest cost $0.40 each. What is the marginal cost of..

  Identify an issue with opposing sides affecting your country

Identify an issue with opposing sides affecting your country, state, or city. Good sources to use for learning about this issue include CNN, the Washington Post, New York Times, and the Pew Research Center. Discuss the issue and offer some answers to..

  What is the market clearing bertrand price and quantity

Two firms compete in an undifferentiated Bertrand market. Suppose that the firms face a demand curve given by P = 60 – Q and both firms have constant marginal cost of 40. What is the market clearing Bertrand price and quantity?

  Determine the equilibrium price and quantity

Determine the equilibrium price and quantity. Outline the significant factors that could cause changes in supply and demand for the product

  An increase in the labor force

An increase in the labor force: Consider a onetime change in government policy that immediately and permanently increases the level of the labor force in an economy (such as a more generous immigration policy).

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