How much profits does the monopolistically competitive firm

Assignment Help Business Management
Reference no: EM132035561

A monopolistically competitive firm has the following demand and total cost curves: Demand: P = 9-0.25Q; TC = 124-16Q+Q^2.

How to find the price and quantity that maximizes profits for the monopolistically competitive firm to find how much profits does the monopolistically competitive firm make at the profit-maximizing level of quantity and explain the following what adjustments do you expect to happen in the market in the long-run and will the demand curve of the firm increase or decrease)and how much profits do you expect the firm to earn in the long run?

Reference no: EM132035561

Questions Cloud

Explain the essence of interest rate risk : Please describe the process you plan to use to conduct research, identify findings, and develop the Comprehensive Project due in Unit 5 and present.
How does adidas define risk and opportunity : BSBRSK501 Manage Risk - What key legislative and regulatory areas must Adidas management take into account when developing and implementing
Measuring gdp for a particular year : Why are only final goods counted in measuring GDP for a particular year? Why is the value of used furniture that's bought and sold not counted?
Firm engaged in perfect competition : What takes place to a firm in monopolistic competition when it increases its price? How is this different from a firm engaged in perfect competition?
How much profits does the monopolistically competitive firm : How to find the price and quantity that maximizes profits for the monopolistically competitive firm to find how much profits does the monopolistically
Discuss the last three years of operations of the company : Briefly discuss at least two competitors to the plain the competitive environment. Discuss the last three years of operations of the company.
Describe the equilibrium price and quantity in this market : Explain how the Laws of Supply and Demand are illustrated in this graph. Describe the equilibrium price and quantity in this market.
Explain the tax-exempt status of public charities : Contrast the tax-exempt status of public charities and private foundations with commercial organizations. Nonprofits should not be restrained and as a result.
Cost of agility training for an nfl wide receiver : Explain who should bear the cost of agility training for an NFL wide receiver. Should the team pay, or the player? Explain in the context of human capital.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

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