Determine the final consumers demand curve

Reference no: EM133466325

Assignment:

The supply chain for Pappy Van Winkle bourbon is characterized by a monopolist upstream producer and a competitive downstream retail sector. Final consumers' demand for Pappy Van Winkle bourbon is given as:

P=140-2Q,

Where Q is the number of bottles that are purchased each day. The marginal cost of production (i.e., performing the manufacturing function) can be written as: MCM=30+2Q, and the marginal cost of performing the retail function is MCA=20.

Suppose that the two firms are not vertically integrated. Construct the final consumers' demand curve.

Reference no: EM133466325

Questions Cloud

Person personality affect : How can a person's personality affect their job search, employability, as well as predict their behavior? What do you think?

How can finding less cheap products : How can finding less cheap products or alternative products help in a business during a recession (economic downturn)?

How can hallmark use technology for tracking applicants : How can Hallmark use technology for tracking applicants and onboarding its new hires to include improving efficiency and effectiveness of staffing functions?

Identify environmental area of your current workplace : Identify an environmental area of your current workplace where the busmess d would need to seek professional advice from a suitable quali?ed

Determine the final consumers demand curve : The supply chain for Pappy Van Winkle bourbon is characterized by a monopolist upstream producer and a competitive downstream retail sector.

Write research paper about colonialism through christianity : Write a 12 to 15 pages research paper about colonialism through Christianity in East Africa. Write an annotated bibliography using the same sources utilized.

How do you believe that these skills help you in your career : Identify two (2) skills you have developed through experience, as well as two (2) skills that are natural to you. How do you believe that these skills help you

Relationship lens with mild rationality : Discuss how the information from your ELI (relationship lens with mild rationality and mild equality, and justice as a classical virtue)

How does your state minimum wage compare to the current : How does your state's minimum wage compare to the current federal minimum wage? - What social welfare policy or program would you recommend to Mr. Velez to help

User Account

All Pages