A has 15 million in sales a lerner index of 057 and a

Assignment Help Macroeconomics
Reference no: EM13379103

A has $1.5 million in sales, a Lerner index of 0.57 and a marginal cost of $50. The firm competes against 800 other firms in its relevant market

a. What price does this firm charge its customers?

b. What is the firm's markup factor? What does this mean?

c. Does this firm have market power?

Reference no: EM13379103

Questions Cloud

A how does a budget deficit lead to an appreciating : a. how does a budget deficit lead to an appreciating currency and a trade dificit?b. explain how the introduction of
You can order a new model of a electronic notebook in one : you can order a new model of a electronic notebook in one of five colors. the notebookalso comes loaded with one of
A mining company plans to invest 50000 in a project the : a mining company plans to invest 50000 in a project. the annual operating cost is expected to be 6000 and the annual
A packaging company needs to know the rate of return on a : a packaging company needs to know the rate of return on a process which will cost 60000 have an income of 25000 per
A has 15 million in sales a lerner index of 057 and a : a has 1.5 million in sales a lerner index of 0.57 and a marginal cost of 50. the firm competes against 800 other firms
1 name three other providers of urgent care services : 1. name three other providers of urgent care services. emergency departments urgent care clinics and walk-in clinics
Critics of traditional welfare programs often argue that a : critics of traditional welfare programs often argue that a downside of traditional welfare programs is that when the
1 why does the economic transfer price to the consumer : 1 why does the economic transfer price to the consumer include implicit cost normal profits externalitiea and other
1 suppose that ms spencer is presently spending all her : 1 suppose that ms. spencer is presently spending all her budget purchasing 10 units of a and 8 units of b at prices of

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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