Determine the firms optimal quantity-price and profit level

Assignment Help Business Economics

Reference no: EM13773868

If market inverse demand is p(Q)=a-bQ and the firm produces according to TC(Q)=cQ+dQ2, determine the firm's optimal quantity, price and profit level. (Assume that a,b,c,d >0.) What conditions on b and d must hold in equilibrium?

Reference no: EM13773868

Questions Cloud

Abiotic and biotic factors on local scales : Humans are altering abiotic and biotic factors on local scales. What are some ways humans alter abiotic and biotic environments? How do these alterations affect ecosystems on a larger scale?

Why is consumer surplus never negative : Why is consumer surplus never negative? What is consumer surplus? Consider a market with a demand curve of P=24-2Q and a supply curve of P=3+Q. Calculate equilibrium quantity. Consider a market with a demand curve of P=24-2Q and a supply curve of P=3..

Develop a new process design for the production : Using the Six Sigma DMAIC process, develop a new process design for the production of the Riordan electric fans. Be sure to take advantage of any global opportunities available to Riordan, such as lower labor costs.

Conflict resolution and peacemaking paper : Locate an article concerning conflict resolution and peacemaking using the course readings, the University Library, and other resources.

Determine the firms optimal quantity-price and profit level : If market inverse demand is p(Q)=a-bQ and the firm produces according to TC(Q)=cQ+dQ2, determine the firm's optimal quantity, price and profit level. (Assume that a,b,c,d >0.) What conditions on b and d must hold in equilibrium?

Concerns of the environmental justice movement : What are two major agencies that promote development in poor nations, and how do they carry out their work?5. What is meant by the debt crisis of the developing world? What is being done to help resolve this crisis.

Examine personality theory : Prepare a 1,050- to 1,400-word paper in which you examine personality theory. Address the following concepts:

Analyze the strengths and limitations of the theories : Prepare a 1050- to 1,400-word paper that is based on the theories of personality covered in the readings. Choose two and analyze the strengths and limitations of the theories. Compare and contrast them in relationship to:

Main capabilities or tools of a dbms : What is the connection between organizations, information systems, and business processes?

User Account

All Pages