What is the maximum profit it can make

Assignment Help Econometrics
Reference no: EM131041106

If a firm faces the marginal cost schedule MC = 180 + 0.3q2 and themarginal revenue schedule is MR = 540 - 0.6q2 and total fixed cost isRs. 65 what is the maximum profit it can make?

Reference no: EM131041106

Questions Cloud

What will be the impact on price and quantity in the market : Using demand and supply analysis what will be the impact on price and quantity in the market for yoga services.
Assembly line capable of producing : Presto frozen pizza company has determined that it needs an assembly line capable of producing 60 pizzas per hour. The following information is given for the company and its process.
How to calculate bubble up company forecast : Calculate Bubble Up company's forecast by taking market share percent of the industry sales. For example, if the industry sales for a quarter are 100,000 units and Bubble Up market share for the same quarter is 7%, then Bubble Up sales forecast f..
Estimates that next year its consumer loan portfolio : EZ-Credit, Inc., has $80 million in consumer loans with an average interest rate of 13.5 percent. The bank also has $64 million in home equity loans with an average interest rate of 9 percent. Finally, the company owns $6 million in corporate secu..
What is the maximum profit it can make : themarginal revenue schedule is MR = 540 - 0.6q2 and total fixed cost isRs. 65 what is the maximum profit it can make?
Screenshot example of a successful result : You can see the Medusa software post a success result in this video. There is also a screenshot example of asuccessful result on page 84 of the textbook.
Find the deflection right and left side of center wheel : Calculate the dynamic bending moment and deflection of rail with Winkler's theory under the point that is demonstrating - Find the deflection and moment right and left side of center wheel in cm regarding the day of your birth
Battery-powered beverage mixers : An assembly line has been designed to make battery-powered beverage mixers. Task details are shown in the table below:
Determine the economic order quantity of dints : The Hedge Corporation manufactures only one product: planks. The single raw material used in making planks is the dint. For each plank manufactured, 12 dints are required. Assume that the company manufactures 150,000 planks per year, that demand f..

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

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