A hypothetical demand curve for strawberries cost 43 cases

Assignment Help Business Economics

Reference no: EM13354972

(a). Hypothetical demand curve for strawberries (cost $43) cases of strawberries per harvest 34 thousand. Illustrate cost per case would Maxine the gross receipts of strawberry growers? The cost which maximizes gross receipts will be found at the midpoint of a straight-line demand curve when the curve is extended to the axes.

(b) If the cost of strawberries is Find out d by the total quantity harvested in conjunction with the demand, Illustrate size crop will result in the cost quoted in part D.?

(d) Can you prove which the demand for strawberries in elastic above a cost of $24, per case and in elastic below which cost?

(e) If strawberry growers can make more money by selling fewer than 30,000 cases, why would they ever market which much? Why wouldn't they destroy some of the crop rather than "spoil the market"?

Reference no: EM13354972

Questions Cloud

Q1 what is the magnitude of an objects average velocity if : q1. what is the magnitude of an objects average velocity if an object moves from a point with coordinates x 2.54 m y

Q1 a 800 kg block is attached to a spring with spring : q1. a .800 kg block is attached to a spring with spring constant 16.0 nm. while the block is sitting at rest a student

Q1 supply and demand for good are given as follows p 1000 : q1. supply and demand for good are given as follows p 1000 - 1.5qd p 60 2.5qsillustrate what is equilibrium quantity?

Q1 an iron bolt of mass 634 g hangs from a string 326 cm : q1. an iron bolt of mass 63.4 g hangs from a string 32.6 cm long. the top end of the string is fixed. without touching

A hypothetical demand curve for strawberries cost 43 cases : a. hypothetical demand curve for strawberries cost 43 cases of strawberries per harvest 34 thousand. illustrate cost

Q three objects with masses m1 546 kg m2 388 kg and m3 : q1. three objects with masses m1 54.6 kg m2 38.8 kg and m3 20.0 kg are hanging from ropes that run over pulleys.

Q1 explain how is the transfer cost s of an intermediate : q1. explain how is the transfer cost s of an intermediate product find out d whena there is no exterior market for

Q1 what are the average velocity and acceleration of the : q1. what are the average velocity and acceleration of the tip of an hour hand of a clock in the interval of noon to

Qfirm 1 is the incumbent in a market lasting two periods : q.firm 1 is the incumbent in a market lasting two periods with inverse demand curve p74 -9q. its first-period costs are

User Account

All Pages