User Account

All Pages

Total profit from selling in the two markets

Assignment Help Macroeconomics
Reference no: EM131100032

Consider a monopolistic firm selling the same product in two separate markets, A and B, which have different demand curves. The demand in market A is defined by PA = 18 - 2QA for positive prices and quantities (i.e., for all PA, QA > 0) and the demand in market B is defined by PB = 9 - QB   for positive prices and quantities (i.e., for all PB, QB > 0)

The marginal cost of this firm is equal to its average total cost and is constant at $4 per unit produced. Set up diagrams that shows the demand and the marginal revenue curves of this firm, as well as the quantities and prices it charges in each market, and also calculate the firm's total profit from selling in the two markets.

Reference no: EM131100032

Questions Cloud

Rate of inflation between : Suppose the consumer price index was 180.5 last year and this year is 202.2. What is the rate of inflation between last year and this year? What is the rate of inflation between the base year and this year?
Required rate of return on the second-year investment : Assume your required rate of return on the second-year investment is 11 percent; otherwise, you will choose to go with the 2-year security. What rationale do you offer for your preference?
What rights arguments might nakamura have made : What rights arguments might Nakamura have made during the initial pre-lawsuit negotiations with Nichia? How are these rights arguments cultural?
Compare and contrast the two disasters : Your text contains a case study in Chapter 13 on the Chrysler Company and NASA. You are required to focus only on the NASA Challenger Disaster and disregard the Chrysler Company section. Compare and contrast the two disasters
Total profit from selling in the two markets : The marginal cost of this firm is equal to its average total cost and is constant at $4 per unit produced. Set up diagrams that shows the demand and the marginal revenue curves of this firm, as well as the quantities and prices it charges in each ..
What do you think is happening with the ecological model : Please use Bronfenbrenner's ecological theory to reflect on Joshua's world. What stands out? What do you think is happening with the ecological model? Also, what are 3 additional questions you would like to ask in order to gain further insight int..
Determine the rate of heat transfer through the wall, in w : The inner and outer surfaces of a 5-m x 6-m brick wall of thickness 30 cm and thermal conductivity 0.69 W/m · °C are maintained at temperatures of 20°C and 5°C, respectively. Determine the rate of heat transfer through the wall, in W.
Multinational companies and global operations : Given the trend toward continued growth in multinational companies and global operations, is there a role that labor unions can play in helping the United States maintain/regain its competitive position in the world?
Fluctuations in real gdp and prices : a. Using a relevant graph, explain how such fluctuations in investment would lead to fluctuations in real GDP and prices. b. Using another graph, explain a policy that can be implemented by the central bank when business people feel too good about ..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Method used in investigations

Write a detailed report on forensic validity as a method used in investigations. Your paper should not be less than 1000 words and should be in APA format.

  Now assume the fed increase the money supply by

Now assume the Fed increase the money supply by 10% and volcity remains unchanged?

  Explain 3 assumptions concerning consumer behaviour

A consumer, D Carroll, spends all of his income on 2 goods X and Y. The 2 goods are both normal but are not complementary. The price of good X is reduced but the price of good Y is unchanged. The consumer continues to spend all of his income on th..

  Question regarding the present value of the firm

Near new car is expected to earn an economic profit of $20,000 each year for the next years. the discount rate is 10 percent. Assume profits are received at the end of the year.

  Provide the cyclical nature of government tax revenues

Provide the cyclical nature of government tax revenues and spending, how would the resulting budget deficit or surplus vary over the business cycle.

  Calculate the afn

Chua Chang & Wu Inc. is considering its operations for next year, and the CEO wants you to forecast the company additional funds needed

  Yearly taxable income is considering two alternatives

A corporation among $7 million in yearly taxable income is considering two alternatives

  Discuss the various ways government can handle externalities

Discuss the various ways governments can handle externalities, such as noise from a local airport or a barking dog or building of commercial office space or an industrial building in a residential area How does the assignment of property rights af..

  What is the relation between interest rate ana interest

Now suppose that policy makers like to increase national income. Which of expansionary fiscal policy and expansionary monetary policy is more effective to achieve the policy goal? Explain with the IS-LM model.

  Illustrate what is the discount rate in the banking system

Illustrate what is the discount rate in the banking system and explain how the Fed manipulates this rate in order to achieve macroeconomic objectives.

  How many would you expect to have more than 2 imperfections

1) What is the probability that a microprocessor will have 0 imperfections 2) What is the probability that a microprocessor will have more than 2 imperfections 3) Out of the 100 microprocessors on the sheet, how many would you expect to have more tha..

  Difference between a budget deficit and the national debt

1) Explain the difference between a budget deficit and the national debt. 2) Use the Marginal Income Tax Rates in Figure 15.6 (see p. 463) to compute the following:

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