Illustrate what marketplace structure did you assume

Assignment Help Business Economics
Reference no: EM1344147

Q. 1. The Zinger Company manufactures also sells a line of sewing machines. Monthly demand for one its most popular models is given by the subsequent relationship:

Q = 400 - 0.5P

where P is price also Q is quantity demanded. Total costs of production (including a "normal" return on owners' investment) per month are:

C = 20,000 + 50Q + 3Q2

a. ) in terms of Q.?Express total profits (

b. At illustrate what level of o/p are total profits maximized? Illustrate what price will be charged? Illustrate what are total profits at this o/p level?

c. Illustrate what marketplace structure did you assume? Why?

d. Would your answers in b change if the marketplace for sewing machines were competitive? How? (Specify price, quantity also profit levels.) 

Reference no: EM1344147

Questions Cloud

Calculate the stock value : Last year Productions pays no dividend at the present time. The company plans to start paying an annual dividend in the amount of $0.40 a share for two years commencing four years from today.
Illustrate what do you think will characterize the goods : illustrate what do you think will characterize the goods which the EU exports to the United States also the goods which the United States exports to the EU.
Determine required rate of return : The current dividend yield on Clayton's Metals common stock is 3.2%. The company just paid a $1.48 yearly dividend and announced plans to pay $1.54 next year.
Resilience systems without disturbing normal businesd : With an increasingly global economy when business is open 24 / 7, how do we test the resilience of our computer systems without disturbing normal business operations?
Illustrate what marketplace structure did you assume : Illustrate what marketplace structure did you assume. Would your answers in b change if the marketplace for sewing machines were competitive.
Success of healthcare organization : I am hired by a healthcare organization that owns and operates nursing homes and assisted living facilities in several states. I need assistance with writing a paper about "how to improve the overall success of the firm".
Vigorous price competition between borders : This is the conclusion reached by the reporter who covered the vigorous price competition between Borders also Barnes & Noble in Fort Worth region during the 2006 holiday shopping season.
Why are conclusions drawn about voter sociology : Assume which an innovation reduces a industry's fixed costs also reduces cost from ATC to ATC. Before the innovation reduced the cost, the industry's maximum economic profit was
Benefits-negative effects brought by workplace automation : Write down at least three benefits and three negative effects brought about by workplace automation.

Reviews

Write a Review

Business Economics Questions & Answers

  Limitation of international trade you encountered

List at least one advantage and one limitation of international trade you encountered in the simulation. Define absolute and comparative advantage in your own words.

  The variable cost every unitcompany decided to raise price

A company currently sells 60,00 units a month at $10 every unit. The variable cost every unit is $6. The company decided to raise the price about 10%.

  Simple model of multiple deposit creation

Using the simple model of multiple deposit creation, state the ultimate impact on M1 from the Fed's sale.

  Based on your understanding of the gains from trade

Based on your understanding of the gains from trade, do you think which these payoffs actually reflect a nation's welfare under the four possible outcomes.

  Illustrate what ranges of the money growth rate

Illustrate what ranges of the money growth rate (assuming positive values) would allow the Bank of Korea to achieve this objective.

  Mcdonalds or hilton choose to franchise its local outlets

Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them also staff them with employees.

  Equilibrium of such a monopolistic firm

Illustrate graphically the equilibrium of such a monopolistic firm.

  Role of differentiation in the market

Elucidate the role of differentiation in the market for pizza. Then apply the feedback critique to the role of differentiation in the industry.

  Goods that this person buys and that bread is free

Suppose also that ham and cheese are the only goods that this person buys and that bread is free.

  Industrys profit maximizing output level

Illustrate what is the industry's profit maximizing output level. Is the organization in long-run equilibrium.

  Incomes so much more unequal within poor nations

Why are incomes so much more unequal within poor nations that within rich nations generally

  Roma was a schoolteacher

Roma was a schoolteacher and earned $40,000. But she enjoys creating cartoons, so at the beginning of 2003, Roma quit teaching.

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