User Account

All Pages

Textbooks in two markets

Assignment Help Macroeconomics
Reference no: EM131111140

Assume you inherit 40 copies of the textbook for ECON 3125. You plan to sell these textbooks in two markets: directly to students on campus, and sell them online on ebay.

Here are the two demand equations:

Student Demand:P = 200 - 2Q

Ebay Demand:P = 250 - 5Q

If your goal is to maximize total revenue, how many books will you sell to students on campus?

Reference no: EM131111140

Questions Cloud

Brief summary of your learning team collaborative discussion : Create a 2-3 pages document based on your Week Two Learning Team collaborative discussion. A table listing the common link state and distance vector routing protocols; be sure to identify the following for each protocol:Link state or distance vector,..
Describe how scorekeeping works in video games : Describe how scorekeeping works in video games and how this is similar to scorekeeping.
Operating efficiency of the package-sorting departments : Air Express, an overnight mail service, is concerned about the operating efficiency of the package-sorting departments at its Toledo, Ohio, terminal.
How should the training be structured and delivered : Performance Appraisal Plan: You should describe how the job performance of an employee performing the Job Title would be evaluated. What aspects of the job performance should be included in the performance appraisal for the Job Title? How should e..
Textbooks in two markets : Assume you inherit 40 copies of the textbook for ECON 3125. You plan to sell these textbooks in two markets: directly to students on campus, and sell them online on ebay.
Construct an r-chart for the nursing care process : A hospital has used control charts continuously since 1978 to monitor the quality of its nursing care. A set of 363 scoring criteria, or standards, are applied at critical points in the patients' stay to determine whether the patients are rece..
What will the equilibrium price : (a) What will the equilibrium price be? (b) What will the equilibrium output for each firm be? (c) What will profit or loss be per unit?
What is the value of the lower-right entry : what is the value of the lower-right entry in the reflection matrix and what is the gradient of the eigenline that corresponds to eigenvalue h?
A p-chart for this manufacturing process : A company that manufactures plastic molded parts believes it is producing an unusually large number of defects. To investigate this suspicion, each shift drew seven random samples of 200 parts, visually inspected each part to determine whether it ..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Determine net initial investment

A corporation bought a machine for $100,000 four years ago. It was being depreciated on a straight line basis over five years. The company decides to replace this machine today.

  Getting the profit motive into large companies

Our large companies seem to be largely run by hired managers who work for salaries and who are not owner-entrepreneurs.

  Lucidate the three trade-offs within a specific good service

Microeconomics is considered to be the study of scarce resources. Elucidate the three trade-offs within a specific good/service within your local area.

  What will be the employers per-employee profit

Your production line has recently been producing a serious defect. One of two possible processes, A and B, could be the culprit. From past experience you know that the probability that A is causing the problem is 0.8 but investigating A costs $100..

  What are the tax consequences of this loan to joshua and to

Joshua loans his son, Seth, $100,000 interest-free for five years. Seth uses the money for a down payment on his home. Assume that the applicable federal rate of interest is 5 percent.

  What is the net societal benefit

In response to pressure from environmentalists the government now tightens the maximum damage standard to 4 units. How much fertilizer will farmers use now? What will their profit be? What is the net societal benefit? What is the value of ??

  Demand for community college courses

Community Colleges desired to increase revenues. They decided to raise fees paid by students with Bachelors degrees to $50 per unit because they believed this would result in greater revenues. But in reality, total revenues fell. Therefore, the de..

  Structure and pattern of trading relationships

The emergence of giant multinational corporations is said to have altered the very nature of international economic activity. In what ways do these MNCs affect the structure and pattern of trading relationships between the developed world and the ..

  Scenario of fed plans to achieve objectives

What are those key objectives and what are the key tools the Fed plans to use to achieve those objectives?

  Calculate the effective rate of protection

a. Calculate the effective rate of protection if there is no duty on steel imports. b. Calculate the effective rate of protection if the importing country imposes a 20% tariff on steel imports. c. Suppose it also takes $4000 worth of copper (besides..

  Describe in words the shape of the histogram

Describe in words the shape of the histogram

  Labor-market equilibrium and production

Determine if any change in the equilibrium quantity of Y or other direct effects of the exogenous shock affect the quantity that households desire to consume at any given real interest rate.

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