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!
Assignment:
Shaughnessy Consulting, LLC currently enjoys a patent on software that estimates economic damages for clients involved in personal injury lawsuits. Demand for my software is QD = 360 - 5P. Creating the software cost me about $1,475 in development and coding. I can produce a copy of the software for $8 per unit (constant cost).
a. How many copies of the software should I attempt to sell? At what price should I sell it? How much profit would I make?
b. My patent expires in a year, and I know other economic consultants will produce competing software. What quantity and price will result once competing software emerges? How much consumer surplus will my clients (lawyers) gain once the competitors enter? (For measuring consumer surplus, recall that area of a triangle = ½ * base * height.)
c. How much deadweight loss is created by my patent and monopoly in this software?
How the Birth Dearth Saps Economic Growth - Is this article an example of a Public or Private failure
The theory of the Communists may be summed up in a single sentence: Abolition of private property,” This is from:
Let (x1, x2) be some interior bundle on the budget constraint, and suppose p1 = 4 and p2 = 2. If the marginal rate of substitution
Suppose an election is being held for Soft Drink Commissioner. The field consists of one candidate from the Pepsi party and four from the Coca-Cola party.
draw the cheese market for the united states showing the world price as the price for this market. how much cheese does
If Apple iPod only played iTunes, and iTunes only could be heard on the Apple iPod, could Apple price the technologically integrated bundle any way they wanted?
EnergyMax Engineering constructed a small office building for their firm 5 years ago. They financed it with a bank loan for $450,000 over 15 years.
Evaluate the overall importance of OSHA. Next, give your opinion of whether OSHA offers enough protection or overregulates the safety of workers.
Compare across individuals at difierent points in time. Include the data for GDP - Compare thc results collected about your parent to the onc about yourself by constructing three graphs using Excel
Briefly explain the calculation of The Unemployment Rate for the U.S. economy. How is the data collected to compute the Unemployment rate?What is the ultimate cause of severe inflation in an economy?
Find and expression for the marginal rate of substitution (MRS x,y ) at any point (x, y). Suppose x = 3 and y = 2, what is the MRS x,y ?
consider competitive markets monopolies and oligopolies. what role does each of these play in an economy? write a 1050
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