User Account

All Pages

Monopolist produce in order to maximize profit

Assignment Help Business Management
Reference no: EM131437895

A monopolist faces a demand curve given by: P = 70 - 2Q, where P is the price of the good and Q is the quantity demanded. The marginal cost of production is constant and is equal to $6. There are no fixed costs of production. How much output should the monopolist produce in order to maximize profit?

  • 32 units.
  • 35 units.
  • 16 units.
  • 6 units.
  • None of these.

Reference no: EM131437895

Questions Cloud

Implementing policy in the health care delivery system : Implementing Policy In the Health Care Delivery System In this episode, you are the Director of Quality Improvement for a Health Care System. Your team is in the process of establishing policies and procedures to ensure health law compliance. Establi..
Develop a scenario including dialogue for the conversation : Based on your analysis of the scenario, the module readings, the Argosy University online library resources, and the Internet, develop a scenario, including dialogue, for the conversation between you and Nancy in this situation.
Concerned with appropriate mix of pizza varieties to make : Linear programming in classroom assignment. Crusty’s pizza company is all set to produce frozen pizzas but they are concerned with the appropriate mix of pizza varieties to make. How many pizzas of each type should Crusty’s produced to maximize profi..
List and explain the appropriate approvals required : Identify the audience. Describe the media (including social media) to be used. List and explain the appropriate approvals required. Explain the tools and tactics to be used.
Monopolist produce in order to maximize profit : A monopolist faces a demand curve given by: P = 70 - 2Q, where P is the price of the good and Q is the quantity demanded. The marginal cost of production is constant and is equal to $6. There are no fixed costs of production. How much output shoul..
How do these methodologies utilize data : Choose two of the CQI methodologies (PDSA, Lean or SixSigma). How do these methodologies utilize data? Discuss the significance of the collection and analysis of data in CQI processes.
Differences between real conflict and symbolic conflict : How will you ensure that the Minority influences the Majority to develop a group that has the ability accept each other opinions and not create conflict? Explain the differences between real conflict and symbolic conflict.
The evaluation of two potential lines of business : You are the Service Manager and you have been invited to represent IT at the upcoming corporate strategy and planning meeting. On this month’s agenda is the evaluation of two potential lines of business: Gaming (singles, multi-player) Similar to curr..
What is one consequence of the trobriand kin structure : ANT 234:  Which of these domains of experience is NOT a key source of metaphors in mainstream American society? Unlike Trobriand women, which of these must a Chinese rural women possess in order to be a marriageable bride?

Reviews

Write a Review

Business Management Questions & Answers

  Importance of formulating strategies in specific orderwhen

importance of formulating strategies in specific orderwhen formulating strategies there are 5 categories of strategy

  Relevant market interest rate

Suppose a Treasury bond will mature in 3 years. If the bond pays a coupon of $100 per year and will make a final par value payment of $3,000 at maturity, what is its price if the relevant market interest rate is 7%?

  Nominal or the inflation-indexed bond

Suppose, at the time, that you thought that the average rate of inflation was going to average 2 percent between 2009 and 2014. Would you purchase the nominal or the inflation-indexed bond?

  Preference for sons and technologies

Show the effects of the one-child policy, coupled with a preference for sons and technologies that permit selective abortion, as a shift in the S curve. How is SF affected?

  Pumpkin patch: a born global firm case study from cavusgil

Pumpkin Patch: A born global firm case study from Cavusgil and Pearson's International Business book pages ranging from 173 to 175. The assignment is to provide answers to the case study questions regarding to the material in the chapter and they sho..

  Major reasons for difference

How do retirement patterns for men and women differ? What are the major reasons for this difference?

  Health and safety in the workplaceshow the key

health and safety in the workplaceshow the key responsibilities of both the employer and the employee for making the

  Technology privacy laws

What are some other technology privacy laws that apply to workers and employers in the United States? How do they protect employees from privacy invasion and how to they actually allow employers to invade the privacy of their employees? Is your pe..

  Effective strategic control systemswhy are effective

effective strategic control systemswhy are effective strategic control systems so important in todays economy? please

  Explore the most useful mobile applications for a business

Explore the most useful mobile applications for a business or industry of your choice.  - Explore mobile applications for this business or industry that are not currently available. Write a report describing what you found.

  Manage or minimize the suggested challenge

Suggest the most significant challenge that entrepreneurs may encounter when growing a business. Recommend one (1) strategy that entrepreneurs could use either to manage or minimize the suggested challenge. Provide support for your recommendation.

  Information related to reputation management

Describe the concept of 'reputation management' and discuss the controversies associated with publicizing corporate good deeds

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