User Account

All Pages

Merged firm profit-maximizing price

Assignment Help Business Economics
Reference no: EM133082826

Assume two firms exist in the market, Buckley and Stetler. If they merge, they will have fixed costs of $140,000, marginal costs of $50, and a market share of 6 percent. The price elasticity of demand for clinic services is -0.22. Assume the volume of patients at the profit-maximizing price is 24,600. The merged firm's profit-maximizing price is

Reference no: EM133082826

Questions Cloud

Inverse demand equation : Suppose that a market is composed of two firms that simultaneously choose quantities. Firm 1 has a cost function C1(q1) = q1^2. Firm 2 has a cost function C2(q2
The united states versus myron piggie : What are the moral and ethical issues of the case? Who are the major stakeholders in this case? What are the major views on the conceptual issues raised by this
What is the differences of etiquette law and religion : What is the differences of etiquette law and religion b with example of each
Asean economic community : How member countries can benefit from ASEAN Economic Community through international and regional trades ?
Merged firm profit-maximizing price : Assume two firms exist in the market, Buckley and Stetler. If they merge, they will have fixed costs of $140,000, marginal costs of $50, and a market share of 6
List the principles of cyber security : List cyber security risks that can result in a business developing security architecture and List the principles of security architecture
Endangering the survival of species : Which of the following establishes international cooperation to prevent international trade from endangering the survival of species?
Operating speed with caltrain : Caltrain is currently in the process of converting from diesel locomotivesto electrification. Electric trains are faster and have no (local) emissions.Assume th
Will joe always take the bet : 1. Joe has a utility function of U(x) = v x 3 . He is offered a gamble that pays him 0 = X = 9 with probability 0.75 and 16 = Y = 9 with probability 0.25. Joe h

Reviews

Write a Review

Business Economics Questions & Answers

  Technology had to be developed to proliferate electric power

The idea of mass electrification of urban areas started out modestly with small "proof-of-principle" demonstrations. Once the feasibility of an infrastructure-level invention is established, much work must be done to actually implement it on a large ..

  Why do these events keep repeating throughout history

Question: What are the causes behind financial crises? Why do these events keep repeating throughout history?

  Q many small boats are made of fiberglass which is derived

q. many small boats are made of fiberglass which is derived from crude oil. assume the cost of oil risesa. using

  What items in the scope of services need to be evaluated

The IT division is one area that is "typically" outsourced and can either be great or a disaster. What items in the scope of services need to be evaluated by the client to make sure that if they outsource the outcome will be great and not a disaster?

  Principles of economics is law of comparative advantage

Due to the global economic slowdown, we were benefiting from relatively low oil prices. But because of the instability of the Middle East and the slowing of the global economy we are seeing oil prices fall. One of the key principles of economics is t..

  Subsidy for day care usage

What you expect would happen to (a) if women's salary were to increase so that women make 10% more than men, for the same job.

  What organizational structure is appropriate for business

What organizational structure is most appropriate for a business that is involved in an industry where a global strategy is most appropriate and why?

  Elasticity and law of diminishing marginal utility

Choose any product/service of your choice and discuss you understanding of demand, supply, equilibrium

  What your desired outcome on each test

Construct a model to conclude your allocation of study hours. Include as assumptions points you "gain" from an hour of study time in each subject and your desired outcome on each test.

  How much does the quantity of household change in shortrun

If the price increases by 10 percent, by how much does the quantity of household (a) natural gas and (b) electricity change in the short run and in the long run?

  Change in business property taxes

Say that Centerville currently collects $50 million in business property taxes. There are 30,000 employees in Centerville, each making about $35,000 per year. Residents of Centerville pay property taxes equal to about 3% of their annual income. What ..

  Topics as relating to microeconomics or macroeconomics

Classify the following topics as relating to microeconomics or macroeconomics.

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