Relationship between marginal cost and marginal revenue

Assignment Help Business Economics

Reference no: EM135923

Q1. What is the relationship between marginal cost and marginal revenue when single-price monopoly maximize profit? shows the graph also.

Q2. Assume that two companies (A and B) are duopolists who produce identical products. Demand for the products is given by the following linear demand function: p = 200 -QA -QB where QA and QB are the quantities sold by the respective firms and P is the selling price. Total cost functions for the two companies are TCA = 1,500+55QA +Q2A TCB = 1,200+20QB +2Q2B

Reference no: EM135923

Questions Cloud

Airline remain in business : Should the airline replace its night flight from LA with a morning flight as well as should the airline remain in business.

Determine his tax basis the end of year : Using the subsequent information from Alfred's year 1, year 2, and year 3 Schedule K-1, determine his tax basis the end of year 2 and year 3.

Describe application of one whole genome sequencing : How will you find out the transcription factor binding sites in the whole genome. You have isolated a novel transcription factor. How would you decide the genes regulated by transcription factor in the whole genome.

A greenhouse experimentation to test growth rates in tomato : After some week's plants that were transplanted into nonsterile soil exhibited a much higher growth rate compared to the plants transplanted into sterile soil. What would be the most likely explanation for this result.

Relationship between marginal cost and marginal revenue : What is the relationship between marginal cost and marginal revenue when single-price monopoly maximize profit.

Prepare journal entrie on zintel book to record combination : Zintel's common stock is traded dynamically and has a current market price of $15 per share. Prepare journal entries on Zintel's books to record the combination.

Bad economic times : The 2001 recession ended in November 2001, but the perception of "bad economic times" lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession.

Describe why it may matter if the county had dry areas : Describe why it may matter if the county had dry areas, swampy areas, forests, and meadows all within its boundaries. As a doctor, which of the statements are important factors for you to consider as you decide whether or not to remove the patient's ..

Show the total cost line on the scatter diagram : Purpose a Scatter diagram for these data with sales volume plotted on the total cost and horizontal axis plotted on the vertical axis

User Account

All Pages