A firm is the monopoly with demand and cost functions given

Assignment Help Microeconomics

Reference no: EM13388374

A firm is a monopoly with demand and cost functions given by P = 200 - 2Q and C(Q) = 2,000 + 3Q2 respectively. Show your computations.

a. Show the equations for MR and MC.

b. Compute the profit maximizing quantity.

c. What is the price at the profit maximizing quantity?

d. Compute total revenue.

e. Compute total cost.

f. What are the profits?

Reference no: EM13388374

Questions Cloud

Consider cobb douglass utility function ux y x16y56 of a : consider the cobb douglass utility function ux y x16y56 of a typical student. x denotes time spent studying and y

How would you go about conducting an ex post facto risk : mike jones had worked at travel-rite as a bus driver for five years. he enjoyed the job. in turn travel-rite was

The accumulation of accounting data on the basis of the : the accumulation of accounting data on the basis of the individual manager who has the authority to make day-to-day

Prepare the journal entry for the issuance of the bonds and : intel inc. is the pioneer in the manufacture of microprocessor for computers. the companys fiscal year runs from april

A firm is the monopoly with demand and cost functions given : a firm is a monopoly with demand and cost functions given by p 200 - 2q and cq 2000 3q2 respectively. show your

Takap inc has present assets of 1456312 and net assets of : teakap inc. has current assets of 1456312 and total assets of 4812369 for the year ending september 30 2006. it also

Why is passion such an important characteristic of : dq1.why is passion such an important characteristic of successful entrepreneurs? what is it about passion that makes it

A marketing research firm is discussing the possibility of : 1. nbsp a marketing research firm is discussing the possibility of a major project for a real estate company. nbspthe

The target capital structure for jowers manufactoring is 47 : the target capital structure for jowers manufactoring is 47 common stock 10 prefered stock and 43 debt. if the cost of

User Account

All Pages