User Account

All Pages

What is firm a marginal cost curve

Assignment Help Macroeconomics
Reference no: EM131163614

Two large firms A and B operate in a market. Firm A  short run cost demand curve is: TC=500,000-1000Q+100Q^2.

The Total demand curve : P=40,000-20.50Q

a) What is firm A Marginal cost curve?

b) Firm A charges same as firm B = $30,000. What is the Marginal Revenue function of firm A.

c) Given b, what is output produced and total profit from firm A (assume they are maximizing profit)

d) If firm A wants to max profit level of production for a monopolist (suppose is the only firm in the market) what is the output they will produce?

e) Given output in part d, what is the price charged as monopolist?

Reference no: EM131163614

Questions Cloud

Would there be scaling problems for common fluids : Would there be scaling problems for common fluids?
What is the function of the nlrb : What were the conditions/factors that led to the passage of the National Labor Relations Act? What is the function of the NLRB? What rights does the employee have under the NLRA and how does the employee go about enforcing those rights?
Producing newsprint in a perfectly competitive industry : Suppose ABC Corp. is a firm producing newsprint in a perfectly competitive industry. We have the following information about the firm's production:
Value of clinical assessments in mental health centers : Write a 1,000- to 1,250-word overview for the local newspaper centered on the value of clinical assessments in mental health centers and the responsibilities of clinicians in assessments
What is firm a marginal cost curve : Two large firms A and B operate in a market. Firm A  short run cost demand curve is: TC=500,000-1000Q+100Q^2.  The Total demand curve : P=40,000-20.50Q a) What is firm A Marginal cost curve?
What are the ethical implications involved in the business : What are the ethical implications involved in this business decision? Assess the legal implications of moving business abroad specific to your chosen country. What are the advantages and disadvantages?
Demand and supply diagram for bagel : What could be responsible for this pattern - a rise in the price of flour or a rise in the price of milk? Illustrate and explain your answer with demand and supply diagram for bagel
Who determines ethical standards for advertising : In what ways has advertising affected American culture? What are the key persuasive techniques used in consumer advertising? Illustrate with specific examples, explaining how each technique works.
Government of nicaragua decided to discontinue : In 2009, the government of Nicaragua decided to discontinue its largest conditional cash transfer program, and the country has not had such a program in place since then.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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