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!
During recent years, MicroChips Corp. has enjoyed substantial economic profits derived from patents covering a wide range of inventions and innovations for microprocessors used in high-performance desktop computers. A recent introduction, the Penultimate, has proven especially profitable. Market demand and marginal revenue relations for the product are as follows:
P = $5,500 - $0.005Q
MR = ?TR / ?Q = $5,500 - $0.01Q
Fixed costs are nil because research and development expenses have been fully amortized during previous periods. Average variable costs are constant at $4,500 per unit.
A) Calculate the profit-maximizing price-output combination and economic profits if MicroChips enjoys an effective monopoly because of patent protection.
B) Calculate the price-output combination and total economic profits that would result if competitors offer clones that make the market perfectly competitive.
Discuss the relationship between the level of GDP and economic well-being. What factors of well-being are missing from the GDP? Is there a point where the GDP could increase to such a high level
The Sharing Economy 1) Discuss the pros and cons of this disruptive business model. Is it good for job creation? Use a specific example(s) to support your answer. 2) Identify a market segment where you feel "collaborative consumption" is likely to be..
Once a wealthy nation, the Grand Duchy of Fenwick has fallen on hard times. This little-known nation, rumored to be hidden somewhere between Eastern Europe and Western Europe, for decades had relied on exports of a vital ore, which only it had and th..
A building is expected to generate no cash flows for several years and then generate annual cash flows forever. What is the value of the building if the first annual cash flow is expected in 3 years from today, the first annual cash flow is expected ..
Ginny is working for a marketing firm making $50,000 per year but considers starting her own marketing company. Ginny has determined that to launch the business, she needs to invest $80,000 of her own funds. which means that she will have to quit her..
Business competition encourages efficiency of production and leads to improved product quality.
A? nation's automobile market is depicted in the graph to the right. Suppose their government proposes a policy to subsidize mass transit? (bus rides) as means of increasing ridership
Compare and contrast the global marketing strategies of Samsung, Sony and Phillips after listing two or three elements of each company's global marketing strategy.
In general are becoming less integrated due to the widespread availability of interest rate and currency swaps
Explain how making coupons for a bakery available on a mobile phone can help increase sales through this new marketing available on smart phones.
Nemo Corp. is in the business of manufacturing cast and stamped steel products for the automotive industry. Steel ingots are purchased from the steel mills. For casted products, steel ingots have to be melted and cast. For stamped products, steel ing..
A tax system is called progressive if
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