Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
You are the manager of TBN LTD. In order to have a clear picture on how the firm operates and what is the total demand by the consumer, you have performed a study by collecting some data from the market and estimated the following demand and cost functions:
Demand function : P = 225 - 2Q
Cost function : C(Q) = 1100 + 3Q2
i. Determine the price-quantity combination that maximises your firm's profits.
ii. Calculate the maximum profits for the firm.
iii. Calculate the price-quantity combination that maximises your firm's revenue.
iv. Calculate the maximum revenues for the firm.
v. Determine the quantity which minimise the average cost (AC) and compute the value of minimum AC.
vi. Does the firm achieve productive efficiency? Why?
Select an economic problem or theory and discuss how dummy variables could be applied. Determine the value that dummy variables would add to your analysis (think outside the box on this one avoid obvious examples like gender, race, etc.).
Discuss how the three diversified companies are able to leverage the use of well respected brand names or other resources that enhance differentiation.
How many days does it take the firm to pay its suppliers? Assume 365 days.
Explain how the Fed's use of its three tools of monetary policy affect supply and demand in the market for reserves and the equilibrium federal funds interest rate.
Assume the total cost of a college education will be $340,000 when your child interest college in 18 years you presently
Which of the following is an example of a change in the quantity demanded? (Hint. For which items is there a direct change in price that leads to a change in quantity demanded) Markets are more efficient when information is perfect; an example is:
Star Company paid $5 per share dividend a week ago. General expectation is that the dividend would grow at 8% per year indefinitely. a) What is the expected dividend next year?
He expects to receive 100 equal monthly payments from the investment; the first payment is expected in one year. Find the size of the payments.
Create a table that summarizes the research you conducted in order to complete the Topic 2 assignment. In the table, briefly describe each type of research completed and indicate whether it was qualitative or quantitative research. discuss specific c..
Super freakonomics chapter 3 Levitt and Dubner describe two studies, which provided empirical support for Gary Becker’s prediction that even family members would engage in what might be termed strategic altruism. Use marginal benefit-marginal cost an..
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 130 - 0.5P, and the marginal cost of production is $180. Determine the optimal number of units to put in..
As a result of several factors, aggregate demand decreased during the Great Depression. One factor would be:
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd