User Account

All Pages

How many copies should be sold to general readers

Assignment Help Microeconomics
Reference no: EM13906993

The Wall Street Journal is purchased both by general readers, but it also offers student pricing through universities. Weekly demand from general readers is given by DG = 1.2-0.01Q, and from students is DS = 0.8-0.01Q. Q is in thousands of newspapers. The cost of production doesn't differ between types of readers, and is given by MC = 0.2+0.01Q. (In finding a graphical solution, have Q go from 0 to 120 in increments of 10.)

a. Describe why there might be this difference in demand between the two types of readers.

b. How many total copies of the Wall Street Journal should be printed?

c. How many copies should be sold to general readers, and how many to students?

d. What price should be charged to general readers, and what price to students?

Reference no: EM13906993

Questions Cloud

Absorption costing and variable costing : Rey Company's single product sells at a price of $216 per unit. Data for its single product for its first year of operations follow. Prepare an income statement for the year assuming (a) absorption costing and (b) variable costing
A kind of borrowed life : 1. It has been said that viruses lead "a kind of borrowed life." Do you think viruses should be considered living organisms or not? Back up your opinion by supporting facts about viruses.
With regard to treatment of capital losses by corporation : With regard to the treatment of capital losses by a corporation other than an S corporation, which of the following statements is false? If a corporation has a net capital loss, it cannot deduct the loss in the current year. When figuring a current-y..
Develop a basic android weather application : Develop a basic Android "Weather Application". Your application should have a single view with a list of cities (see below) and the current temperature at that location.
How many copies should be sold to general readers : Describe why there might be this difference in demand between the two types of readers. How many total copies of the Wall Street Journal should be printed?
What is the role of insurance payers in the quality : What is the role of insurance payers in the quality of services
Calculate the amount of gross profit from the transaction : On November 1, 2015 Wrenns Martch sold merchandise for $10,000, FOB destination, with payment terms of 3/10, n/40. Sales returns on this sale amounted to $3,000. Wrenns received payment for the balance on November 10, 2015. The cost of goods sold was..
Question relates to genome sequencing using the shotgun : Question relates to genome sequencing using the shotgun method.
Affected if these transfers were downstream : A worksheet is being developed to consolidate Williams, Incorporated, and Brown Company. These two organizations have made considerable intercompany transactions. How would the consolidation process be affected if these transfers were downstream? How..

Reviews

Write a Review

Microeconomics Questions & Answers

  Describe the basic features and characteristics of

describe the basic features and characteristics of bonds. what is a convertible bond and why do investors

  Which of the following curves—average fixed cost

Which of these same four curves would shift as a result of the per-burger tax? Why? Show this in a new graph. Label the graph as precisely as possible.

  Recognize which perspective most closely aligns with

as a leader you will be solving a variety of problems. based on the research literature you reviewed propose solutions

  Find articles about problems in education or economics

What is a specific problem facing the United States Congress where would I be able to find articles information about problems in education.

  In the college freshman english course the following 20

in a college freshman english course the following 20 grades were recorded48nbspnbsp 88nbspnbsp 47nbspnbsp 39nbspnbsp

  What is the capitalized worth of the system

A city is spending 20.2 million on a new sewage system. The expected life of the system is 50 years, and it will have no market value at the end of its life. Operating and maintenance expenses dor the system are projected to average 0.6 $ million per..

  Explain why the median voter outcome need not be efficient

Public television is funded in part by private dona- tions, even though anyone with a television set can watch for free. Can you explain this phenomenon in light of the free rider problem?

  What is in?ation

The League of Big States (LBS) has in?ation expectations of 5% and an estimated natural rate of unemployment of 5%. A 2% rise (fall) in unemployment leads to a 1% fall (increase) in in?ation. What is in?ation when unemployment equals 5%?

  Describe the relation between marginal and average costs

Describe the relation between marginal and average costs.  Describe the relation between marginal and average fixed costs and between marginal and average variable costs and what best accounts for the saying "Too many cooks spoil the broth?"

  Write a small paragraph indicating the topic you selected

Select one topic. This will be the subject you will research over the course of the quarter. You will submit an outline of your paper in Unit 4 and a draft in Unit 6.

  Presume the utility function for a firm manager

Presume the utility function for a firm manager is U = Î + bQ, where Q is output, Î is profit, and b is a positive constant. How would the firm's output compare with what it would be if the manager's objective was to maximize profit?

  Describe why does demand curve for loanable funds slope

time is important in roundabout production but not in direct production. is this statement true or false? explain. why

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd