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A monopolist produces a single good from the utilization of two plants, plant 1 and plant2. It faces an inverse demand curve of: P = 1100 -2Q, where Q is total quantityproduced, thus Q = q1+ q2. q1= quantity produced in plant 1 and q2= quantity producedin plant two. Plant 1 is an older plant and has a marginal cost of production equal to10q1. Plant 2 is newer and its marginal cost of production is 5q2. How much should thismonopolist produce in total and how much will each plant be producing at the profit maximizing level of output?
You are a manager of Kleenex and you compete directly with Puffs selling facial tissues in America. Consumers find the two products to be indistinguishable. The inverse market demand for facial tissues is P = 3-Q (in dollars) in America.
Use the line drawing tool to draw a line showing the relationship between the number of deliveries (on the horizontal axis) and your total cost (on the vertical axis). Draw the lnie between zero and 20 delieries. Label this line 'Cost'.
Mitchell Electronics produces a home video game that has become very popular with children. If the threat is not credible, what changes in the game would be necessary to make the threat credible.
Indicate whether each of the following statements is true, false, or uncertain, and explain your answer.
What is the Consumer Price Index (CPI) and How has the CPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source.
a. lisa consumes only pizzas p and burritos b. her utility function is up0.5 b0.5. the price per pizza is 10 and the
What would happen if the government chooses to increase the number of years that a firm can enjoy patent protection from 20 years to 25 years? Why does the government grant patents to companies that research new drugs? Discuss both the pro and con.
Describe what would happen in this market in terms of the supply and demand curve and draw a graph illustrating the supply and demand in this market.
find the yield to maturity of the following securitiesa. a security paying 1000 in one year for which you pay 926
In this assignment you will discuss the monetary policy trends of a country in the last 10 years and factors influencing the policy. You might like to build on the monetary policy of Canada that we studied in the class and as discussed in the text. Y..
Allied Box offers mail order storage containers for fine china producers. The firm is low-cost provider of these boxes with fixed cost of $480,000 per year,
Describe significant current trends related to IT in a business setting and your personal life. What are the pros and cons to the increasing use of technology to disseminate information.
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