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 given the following data for your firm, which sells a patented super-absorbent cleaning towel for use in large retail complexes (called "One Wring to Rule the Mall" ©).
Q
P
TC
0
$48.00
$400.00
10
$46.50
$707.50
20
$45.00
$980.00
30
$43.50
$1,232.50
40
$42.00
$1,480.00
50
$40.50
$1,737.50
60
$39.00
$2,020.00
70
$37.50
$2,342.50
80
$36.00
$2,720.00
90
$34.50
$3,167.50
100
$33.00
$3,700.00
a. Determine equations for P=f(Q), MR=f(Q), ATC=f(Q, Q2), AVC=f(Q, Q2), MC=f(Q, Q2). Recall that your marginal equations should be derivatives of your totals!
b. Determine the profit-maximizing price and quantity. (Since MC is in terms of Q2, solving with calculus and algebra can be messy. Your table should give an exact answer.)
c. How much total profit would your firm earn if you set P and Q according to part b?
d. Describe the competitiveness of the market by calculating the Lerner index.
For regular income tax purposes, does Marty have to report any income when exercising ISOs? Why?
Using MPC = 0.4, what is the multiplier (the actual numerical value please): What was the total change in spending as a result of the stimulus package?
What is one of the consequences of accumulating capital?
Why should we take selection and participation bias into account when analyzing data
How does increase in consumption spending lead to an increase investment spending?
1. According to a website of an installment lender, borrowers in California could be eligible to receive a loan of $2600 and pay back by making fixed monthly payments of $767.96 for nine months. Calculate the yield to maturity of this loan. Answe..
Draw the new T-account for First California Bank right after the Fed's purchase.
Assume that health insurance begins to cover hip replacement surgeries that everyone interested in getting a hip replacement has health insurance.
Should the State of Texas implement term limits for our members of the appointed boards and committees, since most boards and committees handle the day-to-day operations of state government? Why?
What are the biggest obstacles to expanding overseas and setting up operations in a different region? Explain with examples.
If the price above the equilibrium level, would you predict excess supply or excess demand? If the price is below the equilibrium level, would you predict a shortage or a surplus? Why?
a. The price will fall increasing the quantity demanded and reducing the quantity supplied so that the market will return to equilibrium.
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