At what price does the monopoly sell good

Assignment Help Microeconomics
Reference no: EM132143285

Question: A French monopoly sells its good in France where the elasticity of demand is -2.5 , and in Germany where the elasticity of demand is -1.5. Its marginal cost is $ 30 . At what price does the monopoly sell its good in each country if resale is impossible? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132143285

Questions Cloud

Guideline for effective strategic planning process : Which of the following is NOT a guideline for an effective strategic planning process?
The effect that rhetoric can have on audience : The effect that rhetoric can have on an audience. EXPLAIN how logical fallacies can be identified.
What are weak points in sample labor contract : What are weak points in a sample labor contract? What is systematic approach to carry on labor negations?
What are the of individualism versus collectivism : What are the of Individualism versus collectivism and Masculinity versus Femininity of Samsung & Huawei ?
At what price does the monopoly sell good : A French monopoly sells its good in France where the elasticity of demand is -2.5 , and in Germany where the elasticity of demand is -1.5.
Find the values of the other labeled currents : Find the values of the other labeled currents, voltages, and/or resistor values - The transistor in the circuit shown in Figure P5.27 is biased with a constant
Explain return on marketing investment : Explain return on marketing investment (ROMI), including cautions about its use.
Analysis of intrusion detection system report : This assignment builds upon the scenario introduced in LASA 1, from the organization Open Water Diving and Scuba Institute (OWDSI).
Why transference and countertransference are so common : Identify some strategies you might use to address both transference and countertransference in your work with children.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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