Gross receipts of strawberry growers

Assignment Help Business Economics

Reference no: EM139058

(a). Hypothetical demand curve for strawberries (cost $43) cases of strawberries per harvest 34 thousand. Illustrate cost per case would Maxine the gross receipts of strawberry growers? The cost which maximizes gross receipts will be found at the midpoint of a straight-line demand curve when the curve is extended to the axes.

(b) If the cost of strawberries is Find out d by the total quantity harvested in conjunction with the demand, Illustrate size crop will result in the cost quoted in part D.?

(d) Can you prove which the demand for strawberries in elastic above a cost of $24, per case and in elastic below which cost?

(e) If strawberry growers can make more money by selling fewer than 30,000 cases, why would they ever market which much? Why wouldn't they destroy some of the crop rather than "spoil the market"?

Reference no: EM139058

Questions Cloud

What is the acceleration of the particle : What is the magnitude of an object's average velocity if an object moves from a point with coordinates x = 2.54 m, y = -3.56 m to a point with coordinates x = 7.85 m, y = -6.54 m in a time interval of 2.02 s.

What is the amplitude of the subsequent oscillations : A 33.2 m steel wire and a 25.6 m copper wire both with 1.00 mm diameters, are connected end to end and are stretched to a tension of 120 N. How long does it take the transverse wave to travel the entire length of the two wires.

Offering group medical coverage to large firms : Offering group medical coverage to large firms and requiring all employees to participate in the coverage.

What is the minimum value of an acceleration : An iron bolt of mass 63.4 g hangs from a string 32.6 cm long. The top end of the string is fixed. Without touching it, the magnet attracts the bolt so that it remains stationary, displaced horizontally 28.5 cm to the right from the before vertical li..

Gross receipts of strawberry growers : Illustrate would the gross receipts of strawberry growers be if the crop turned out to be 30,000 cases.

What is the acceleration of m1 : A ball is thrown directly downward with an initial speed of 8.50 m/s, from the height of 29.5 m. After what time interval does it strike the ground.

Businesses create value by integrating the production : Explain how businesses create value by integrating the production and distribution of goods, services, and information.

What is her speed as she passes him : David is driving a steady 28.0m/s while he passes Tina, who is sitting in her car at rest. Tina begins to accelerate at a steady 2.70 at the instant when David passes. How far does Tina drive before passing David.

Incumbent in a market lasting two periods : Explain which it would not be optimal for Firm 1 to make the investment if there were no threat of entry.

User Account

All Pages