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!
Alchem (L) is the price leader in the polyglue market. All 10 other manufacturers (follower [F] firms) sell polyglue at the same price as Alchem. Alchem allows the other firms to sell as much as they wish at the established price and supplies the remainder of the demand itself. Total demand for polyglue is given by the following function (QT = QL + QF )
P = 20,000 - 4QT
Alchem's marginal cost function for manufacturing and selling polyglue isMCL = 5,000 + 5QL
The aggregate marginal cost function for the other manufacturers of polyglue is
a. To maximize profits, how much polyglue should Alchem produce and what price should it charge?
b. What is the total market demand for polyglue at the price established by Alchem in Part (a)? How much of total demand do the follower firms supply?
Suppose the unemployment rate in the United States goes from 6.4% in one year to 5.6% in the next.
What impact does this behavior have on an individual's lifetime consumption pattern? What impact does the behavior have on the saving rate in the overall economy?
What would be the effect of each of the following on the supply of salsa in the United States? In each case, identify the responsible determinant of supply?
A firm is considering two alternatives that have no salvage value. A Initial Cost $10,700 Uniform Annual Benefits 2,100 Useful life, in years 8 B Initial Cost $5,500 Uniform Annual Benefits 1,800 Useful life, in years 4
An industry consists of two firms with identical costs C(q) = 5q +q2=2. The firms can either collude or compete. If both collude, they each produce qm (half the monopoly output Qm). If one rm colludes and the other competes
Using demand and supply analysis together with the cost curves, explain why the actions to minimise loss lead to firms' making normal profit in the long run?
If the monopolist, in the first period, picks a technology that discourages the entrant from entering in the second period, we say that the monopolist has blockaded entry. Is there a technology the monopolist could pick in the first period that wo..
If she received a bonus of $20,000 in the current year only, with all future salary payments remaining as stated earlier, by how much could this consumer increase consumption now and in the future?
First, discuss the six featured dispersion models and the structural basis for each. Second, select one dispersion model to fully describe in detail, while including an appropriate scenario for using that select dispersion model in industry.
Sigma Petroleum, has an option to purchase 1 million barrels of crude oil for $50/barrel. You estimate that you will be able to realize $80/barrel after importing and processing the crude oil from an offshore field through FPSO.
The Mexican peso is trading at 10 pesos per dollar. If the expected U.S. inflation rate is 2% while the expected Mexican inflation rate is 23% over the next year, given PPP, what is the excpected exchange rate in one year
Len's body board factory pays $60 a day for equipment and $200 a day to each student it hires. Table 1 sets out Len's total product schedule.
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