The total cost curves for two plants

Assignment Help Business Management
Reference no: EM132312537

A monopolist has two plants. Suppose the Market demand is P = 100 - Q (i.e., MR =100 - 2Q) and Q = Qa + Qb. Where Qa and Qb are quantities produced from two plants respectively. The total cost curves for two plants are given as

TCa = 0.5Qa2 - 10Qa and TCb = 0.25Qba2 - 5Qb

Thus, equilibrium allocation of output to two plants would be

(Hint: a similar question was done in class from the textbook. It's long question, solve it.)

a. Qa = Qb = 35

b. Qa = 38 and Qb = 24

c. Qa = 35 and Qb = 70

d. Qa = 27 and Qb = 32

Reference no: EM132312537

Questions Cloud

What is the present value of the cash flows barney : a. What is the present value of the cash flows Barney expects to receive from this project?
Higher discount factor means investors are more patient : Higher discount factor means investors are more patient and value the future profits more. So, the firm will have higher value. Why it will increase the value
In terms of global growth what challenges : In terms of global growth what challenges does Lincoln Electric face and what strategies should Lincoln use to deal with its global challenges?
Lincoln electric and strategies : What challenges do you see for Lincoln Electric and strategies should Lincoln use to deal with the challenges?
The total cost curves for two plants : Where Qa and Qb are quantities produced from two plants respectively. The total cost curves for two plants are given as
Stewardship of resources and sensitivity to impacts : energy savings, water efficiency, CO2 emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts.
Describe your feelings about the exhibition Francis Alys : Describe your experience/feelings about the exhibition Francis Alÿs': The Fabiola Project after spending twenty minutes in the Byzantine Fresco Chapel
Good thing or bad thing for an economy : Is competitive equilibrium a good thing or bad thing for an economy? Give reasons for your answer.
Condition of pareto efficiency in a production economy : What is the condition of Pareto efficiency in a production economy? Explain the economic intuition of it.

Reviews

Write a Review

Business Management Questions & Answers

  Discuss the concepts of point of view

Your editor-in-chief is asking you to present your work at the end of this week. You have decided to focus on Fences as a basis for your discussion of drama.

  What was conflict about and what was proposed solution

Prepare a paper in APA format in which you describe a group conflict scenario and propose a possible solution.

  Performance management improvements for bristol

1. Discuss how this case illustrates the contrasts between the administrative use and developmental use of appraisals.

  Software development and computing technologies

1. As you explore various application software, discuss at least one of your preferred application software with the class, why you find the software beneficial, and how your classmates may benefit from the software? 2. Describe the impact of soft..

  Create a change model to implement your change vision

Create a change model to implement your change vision. Identify the specific steps needed to implement a change and effectively respond to the pressure.

  Determine one specific leadership theory

Determine one specific leadership theory and two to three public leader styles that would be most beneficial for the Director of Public Health.

  Code of conduct in recent years

List specific changes that Apple has made to its Code of Conduct in recent years. Provide at least one (1) example of each change.

  Organizational change and development

"Transitional change" is more likely to require an interim organizational structure than is "transformational change". Why is this so?

  Emergencies and present for emergency personnel

Thinking of your organization, what issues do the structures contribute to emergencies and present for emergency personnel?

  What is the role of control in management

Describe four methods managers can use to acquire information about actual work performance.

  Illustrated the five levels of diversification

Explain/Illustrated the five levels of diversification (outlined by Richard Rumelt) and identify for each level one company that fits that level and explain you

  Advantages and disadvantages of project management software

In 150 words What do you see as the advantages and disadvantages of using project management software such as MS Project to organize a project? Remember to cite all sources and reference in APA format.

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd