Reference no: EM1370761
P = 300 - .001 Q
TC = 9,000,000 + 20 Q + .0004 Q²
a) Find TR, MR and AR.
b) Find the AVC, ATC and MC.
c) Compute the profit maximization level of activity.
d) Compute total revenue, total cot and profit or loss at profit maximization level of activity.
e) Compute elasticity of demand at profit maximization.
f) Compute the breakeven level of activity.
g) Compute profit or loss at breakeven.
h) Compute profit or loss if the firm decided to close the plant in the short run.
i) Graph TR/TC and show/explain profit/loss and break even values.
j) Graph demand, marginal revenue, average total cost, marginal cost and shade profit or loss.
k) With the help of a graph, explain the concept of monopoly welfare loss. Make sure to explain consumer surplus, producer surplus and the distribution (gain/loss) of surplus between consumers and producers.
|
Calculate the company free cash flow
: The last free cash flow for a company was $51 million and it is expected it to increase at a constant rate of 4% indefinitely. The company's weighted average cost of capital is 12%.
|
|
Explain what are the ethical issues
: Explain What are the ethical issues in this situation? Be specific and What are the basic arguments for and against what your boss is instructing you to do?
|
|
Determine profit maximizing quantity of upholstery
: You are manager of Bonnie=s Unknown Lexicon Lists, Silly Hat Incorporation Tapestry Company. A company dedicated to making tapestry and upholstery fabric. Determine profit maximizing quantity of upholstery.
|
|
How far east and how far north has ocean liner gone
: A car traveling at 21 {rm m/s} runs out of gas while traveling up a 25^circ slope. How far up the hill would it coast before starting to roll back down.
|
|
Concept of monopoly welfare loss
: Compute the profit maximization level of activity. Compute total revenue, total cot and profit or loss at profit maximization level of activity. Compute elasticity of demand at profit maximization. Compute the breakeven level of activity.
|
|
Find the total amount of cash reserves
: Suppose the public in Nealland does not hold any cash. All commercial banks, however, hold 5 percent of their checking deposits as excess reserves, regardless of the interest rate.
|
|
Explain what does silence during communication indicate
: Explain What does silence during communication indicate to you personally and How is your culture's use of silence connected to Hall's cultural patterns of low and high context
|
|
Most important factor to teach things
: Upbringing is a factor that "burns with fire" in us to teach things that we are going to keep in the future. Explain
|
|
Java program to store temperatures in two-dimensional array
: Write the Java program which uses two-dimensional array to store highest and lowest temperatures for each month of the year. Program must output average high,average low,
|