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Consider a manufacturer with 2-factories. They can make at either factory or both. However, we need to consider the quantities that will be produced at every factory. The firm can sell its products in Milwaukee and Madison.
The firms production cost is C= .5q2 +500 where q is the number of items produced.If the firm sells its products in Milwaukee, the transportation cost is zero. However, if it sells its products in Madison, the transportation cost is $6 per item.
The inverse demand function in Milwaukee is p(q) = 60 - qMilwaukeeMadison is a competitive market where p=$30
a. How many items (q) will the firm sell in Milwaukee?b. What is the Marginal Revenue in Milwaukee?c. What is the Price in Milwaukee?d. What is the firmâ??s total profit?e. Is this a case of First, Second, or Third Degree Price Discrimination?
Business Week, in an article dealing with management, wrote, "When he took over furniture factory three years ago. Realized almost immediately that it was throwing away at least $100,000 a year worth of wood scrap.
Market Structure and Pricing Decision Applied Problems, BUS 640 Managerial Economic,
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MGMT 3306: Solve the assignment problems, 1. Please answer the assignment questions in this docx file and save once you’re satisfied. Assignment 3covers the lectures slides for Week 6.
A portfolio manager is being evaluated based on the time-weighted average rate of return. If the manager had achieved annual returns for the past three years of 2.5 percent, 14.5 percent and 9 percent on one initial investment of $500,000,
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If a manager that takes over a furniture factory and realizes immediately that it was throwing away at least $100,000 a year worth of wood scrap
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Now that many businesses have upgraded to an online platform, are paper catalogs a thing of the last? Let's look at this from both sides of the table, both the customers and the manager.
Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.
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