Reference no: EM133065597
The color copy machine market is dominated by a large firm with significant production capacity. The market demand for color copy machines is:
Q = 4300 - 5 P
The dominant firm has projected the supply by the small firms in the market to be:
Qs = - 700 + 3 P
I. Write the demand curve faced by the dominant firm.
II. What price should the leader charge to drive all the small firms out of the market?
III. Write the marginal revenue function of the dominant firm.
IV. Assuming the leader's cost function is:
TC = 6000 + 175 Q + 1/32 Q2,
Determine the following:
a. The price
b. The total quantity demanded (purchased)
c. The leader's share of the market
d. The small firms' share of the market
e. The leader's profit
f. Assuming the consolidated fixed cost of the small firms is $25000, determine the small firms' consolidated profits.
|
Identify the range of output exhibiting increasing
: Last year, your company purchased a site license to the accounting software suite CookTheBooks® for $14,900. Yesterday, your IT department discovered that the s
|
|
Bus 780-organizational development
: BUS 780-In the position of internal Organizational Development Consultant, also referred to as Organizational Effectiveness Officer,
|
|
Renewal of the abs-cbn franchise
: What are the example of other media/channel that has a suit and/or forced to shutdown that has happened already in the media industry before.
|
|
What is the role of charter schools at local
: What is the role of charter schools at local , state, and federal level?
|
|
Demand curve faced by the dominant firm
: The color copy machine market is dominated by a large firm with significant production capacity. The market demand for color copy machines is:
|
|
What is the company margin of safety percentage
: The following is last month's contribution format income statement: Net income $200,000. What is the company's margin of safety percentage
|
|
Explain the factor of production
: Assume that labour is the only factor of production. Decompose the gains from trade into gains from exchange and gains from specialization when world price rati
|
|
Discuss the corporate governance issues
: "The Fed has been on a mission, I've been on a mission to put Americans back to work and help them get their wages up, especially for those lowest income Americ
|
|
The international monetary system
: The international monetary system is the set of procedures and rules that have been put in place to allow the exchange of currencies in world trade.
|