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!
Question: A graduate from Central University has established an economic and financial consulting firm. He has recently begun to give economic advice to his clients. Acting as one of the firm's consultants, you have estimated the demand curve of a client's firm to be TR = 32Q - Q2 where TR is the total revenue in thousands of Ghana cedis, and Q is the output in units. Your investigation of the clients' cost profile shows that marginal cost is given by TC = Q2 -20Q + 200 Where TC is the total cost in thousands of Ghana cedis, and Q is output in units. Required: (a) Explain why a decision-maker employs calculus in business decision-making. (b) Derive the average revenue and marginal cost functions. (c) Calculate the output level that maximizes profit. (d) What is the maximum profit? (e) Calculate the price that maximizes profit. (f) Compute the price elasticity of demand for the firm's product at the profit-maximizing output level. (g) As a consultant, advise the firm on its pricing policy. (h) The government imposes a unit tax of GH¢10 on the firm, calculate: i. the new profit maximizing level of output. ii. the new maximum profit.
You have been asked by a manager in your organization to put together a training program explaining Net Present Value (NPV) and Future Value (FV) and how they are used to evaluate the price of stock. You have been given the following objectives:
Wrecks Tire Manufacturing's stock currently sells for $48 per share. The stock just paid a dividend of $2.23 per share this morning, and the dividend is expected to grow forever at a constant rate of 4% per year. What stock price is expected one y..
A company is considering investing in a new machine for its production line. Management has specified that $150,000 is available to invest in the machine.
a warehouse distributor of carpet keeps 6000 yards of deluxe shag carpet in stock during a month. the average demand
What are the present values of the following prizes? Please include formulas in your math.
Edison Systems has estimated the cash flows over the 5-year lives for two projects, A and B. These cash flows are summarized in the table below. If project A were actually a replacement for project B and if the $12,000 initial investment shown for pr..
As a result, the hospital sees a dramatic reduction in the number of inpatient admissions for children with asthma but little change in the total cost of operating the hospital. Which of the following statements describes the most likely reason fo..
The result will be net financial obligations that are negative. Assume that operating ROA is positive and large. How will this affect the decomposition of ROCE = Operating ROA + (Leverage × Spread)? How do you interpret the net borrowing rate for thi..
Essary Enterprises has bonds on the market making annual payments, At this price, the bonds yield 5.9%. What must the coupon rate be at on the bonds
1. Critique the benefits and drawbacks of proprietorships and partnerships as a form of business organization. 2. Contrast the information provided in the balance sheet and income statement. 3. Explain the role of financial management in corporatio..
How have money market rates changed since the beginning of the semester? - Do you think money market rates will increase or decrease during the semester?
the average annual return on an index from 1996 to 2005 was 13.20 percent. the average annual t-bill yield during the
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