What is producer surplus

Assignment Help Business Management
Reference no: EM131287385

Suppose that a monopolist faces a demand of p=a-2q, where a=100 and mc=10. Suppose the monopolist uses 1st degree price discrimination. What is producer surplus?

Reference no: EM131287385

Questions Cloud

Assign for feedback a few days before the assignment : This assignment must be 250-300 words and must include the word count in parentheses. Submit a draft of your Learning Activity to Safe Assign for feedback a few days before the assignment is due.
Find the composite rate of depreciation for a local firm''s : Find the composite rate of depreciation for a local firm's equipment, which cost $500,000 with an annual depreciation estimated at $85,000.
Define a work breakdown structure : Define a work breakdown structure and describe the methodology behind constructing one.
Construct a depreciation table and calculate the book value : A piece of equipment costs $72,000. Its useful life is estimated as 15 years, after which it would be declared as scrap with a value of $6,500. Construct a depreciation table and calculate the book value at the end of the 10th year using the sum-o..
What is producer surplus : Suppose that a monopolist faces a demand of p=a-2q, where a=100 and mc=10. Suppose the monopolist uses 1st degree price discrimination. What is producer surplus?
How many worker-hours of each type does the firm hire : Suppose a firm discriminates against blacks and has an employer discrimination coefficient equal to 0.6. How many worker-hours of each type does this firm hire? How much profit does it earn?
Implemented the goods and services tax : On 1st April last year, the government of Malaysia has implemented the Goods and Services Tax (GST). How does this move affect the Islamic bank (you have selected) in terms of their operations and any other area? Explain in detail.
Appraise the direction of the commercial bank : New reference rate framework has introduced in Malaysia effective 2 Jan 2015, Based Rate has replaced Base Landing Rate (BLR). What is the reason of introducing the new reference rate framework? How does it impact the banking industry? Appraise th..
Prepare a depreciation schedule using a straight-line method : A mechanical installation in an office will cost $23,000. Its useful life is be 4 years, after which it has to be removed and thrown away, but the removal cost will be $1,200. Prepare a depreciation schedule using a straight-line method

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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