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!
Market Forms
For this assignment you will do a significant portion of work in MS Excel and import it into an MS Word document for submission. You will use the data below to address Price and Output decisions faced by firms that are not in pure competition. Some numbers may be rounded.
Table 1
Output
Average Fixed cost
Average Variable Cost
Average Total Cost
Marginal Cost
Price
Total Revenue
Marginal Revenue
0
$ 345.00
1
$ 180.00
$ 135.00
$ 315.00
$ 300.00
2
$ 90.00
$ 127.50
$ 217.50
$ 249.00
3
$ 60.00
$ 120.00
$ 213.00
4
$ 45.00
$ 112.50
$ 157.50
$ 189.00
5
$ 36.00
$ 111.00
$ 147.00
$ 165.00
6
$ 30.00
$ 142.50
$ 144.00
7
$ 25.71
$ 115.70
$ 141.41
$ 126.00
8
$ 22.50
$ 121.90
$ 144.40
9
$ 20.00
$ 130.00
$ 150.00
$ 99.00
10
$ 18.00
$ 139.50
$ 87.00
Address the following:
1. Complete Table-1. Summarize your calculations.
2. Prepare a graph showing:
3. Using the data in the table and on your graph, explain the profit maximizing, or loss minimizinglevel of output.
4. Normal profit and an economic profit. Are normal profits being earned in this example? Are economic profits present for this firm in this example? Explain your answers.
5. Given the data in the table and the graph, what type of market structure could this be in the short run? Explain your answers.
6. If the data in Table-1 represents the long run, what type of firm must this data represent? Explain your answers.
How will this fee affect the profit maximizing price and quantity? How will this fee affect the monopolist's profit?
Roshima is researching universities where she could study for her MBA degree. She is considering 3 major attributes that she considers important in her choice
The U.S. is one of the worlds wealthiest countries think of a recent case in which the decision of the U.S government were severely constrained by scarcity. Describe the trade off that were involved. What were the opportunity cost of the decisions th..
Calculate the present value of an annuity with annual deposits of $10,000 at 7% for 10 years. Determine the monthly payment to amortize a $250,000 debt at 3% for 30 years.
Find an article about a current event in your discipline and write a supportive argumentative essay. The essay should be at least 1000 words in length.
Suppose the amount 207 is paid at the end of each of several equal periods and 0.059 is the interest rate per period, then at the end of these periods, the total amount paid is 951. Find the number of periods; due to uncertainty in the interest rate ..
From the e-Activity, determine key reasons why a multinational corporation might decide to borrow in a country such as Brazil, where interest rates are high, rather than in a country like Switzerland, where interest rates are low. Provide support for..
Based only on the expected change in the relative supply of low-skilled labor in the U.S., do you expect that an increase in immigration of low skilled workers from Mexico to the U.S. will increase, decrease or have no eect on wage inequality in the ..
What is the purpose of constructing a brand bull's eye? Define value proposition. Pick one of these examples and discuss the difference in value proposition between the two alternatives.
George, who owns and runs Tots Poses, expects to encounter an average of eight customers per day, each with a reservation price shown in following table. What are total revenues, average revenues and marginal revenues
Would you expect the demand for a monopolistically competitive firm’s product to be more or less elastic than that for a monopolist’s product? Explain.
Which of the following measures of fit penalizes a researcher for estimating many coefficients with relatively little data?
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