User Account

All Pages

What is the firms total profits

Assignment Help Macroeconomics
Reference no: EM13339806

Using the graph

a. What is the firm’s Total Revenue?

b. What is the Total Cost?

c. What is the firm’s Total Profits?

d. If the above monopolist were to behave like a perfectly competitive firm (operating in the long run), determine its output.

Reference no: EM13339806

Questions Cloud

How much work is done by the electric field as third charge : how much work is done by the electric field as a third charge q3 = +2.19 nC is moved from point a to point b. (q1 = +9.41 nC, q2 = -9.41 nC)
Derive drag coefficient for f14 at max thrust and airspeed : Wingspan 64 m spread, 38 m swept Total Wing area Aw = 54.5 m2 Drag profile area Ap = 11.5 m2 Mass 27,700 kg fully loaded 2 x GE F110 Turbofan engines Thrust 61.4 kN from each engine
What is printed by the following program : What is printed by the following program?
What is the initial momentum of the offensive player : A football player who weighs 85 kg is carrying the ball directly up field at a rate of 15 km/hr. What is the initial momentum of the offensive player
What is the firms total profits : If the above monopolist were to behave like a perfectly competitive firm (operating in the long run), determine its output.
Mark the following statements as true or false : Mark the following statements as true or false.
Industry price and output will approach the outcome for : Assume the firms in an oligopoly produce a differentiated product and are initially colluding. If each firm begins to cheat (to increase sales) by underpricing the other firms, as the amount of cheating increases, the resulting industry price and out..
Write a value-returning function : Write a program that uses the function isNumPalindrome given(Palindrome Number). Test your program on the following numbers: 10, 34, 22, 333, 678, 67876, 44444, and 123454321.
How much work is done by the engine in each cycle : An engine absorbs 1.74 kJ from a hot reservoir at 277°C and expels 1.21 kJ to a cold reservoir at 27°C in each cycle. How much work is done by the engine in each cycle

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