User Account

All Pages

What is the profit maximizing solution

Assignment Help Business Management
Reference no: EM131185866

The firm for which you are a manager operates in a perfectly competitive market. The market price for this perfectly competitive firm is P = $14. You are also given your estimated total cost curve, C(Q) = 10 + 4Q + 0.5Q2.

Is the cost curve a short or long run cost curve? Please explain.

What is the profit maximizing solution for this firm?

Can this firm maximize revenues? Please explain.

Reference no: EM131185866

Questions Cloud

Assume he buys the wine and consumes the first bottle today : A well-known financial writer argues that he can earn 177 percent per year buying wine by the case. Specifically, he assumes that he will consume one $13 bottle of fine Bordeaux per week for the next 12 weeks. He can either pay $13 per week or buy a ..
If gasoline is inelastic, who pays the tax : If gasoline is inelastic, who pays the tax? How much tax revenue is generated by elastic vs inelastic goods? Pease support with a source or two. Let's assume for a "reasonable" increase in the tax.
Write hot technologies executive summary : You have been hired by the organization of your choice. Your job is to bring them into the 21st century in terms of supporting their staff with state-of-the-art hardware. Write a 700- to 1,050-word Hot Technologies Executive Summary.
Determine price inflation in a martket : Describe at least three methods that can be used to determine price inflation in a martket?
What is the profit maximizing solution : The firm for which you are a manager operates in a perfectly competitive market. The market price for this perfectly competitive firm is P = $14. You are also given your estimated total cost curve, C(Q) = 10 + 4Q + 0.5Q2.
The revenue-maximizing level of output : With the following demand curve, P = 63 - 5Q and a cost structure given by the following cost function, C = 10 + 3Q, determine: The revenue-maximizing level of output.
What is the present value of this cash flow pattern : You have been offered the opportunity to invest in a project that will pay $1,096 per year at the end of years one through three and $12,706 per year at the end of years four and five. If the appropriate discount rate is 10.4 percent per year, what i..
Manager of a two plant firm : The manager of a two plant firm needs to decide how much to produce in each plant. According to an economist the demand curve for the firm's product was estimated to be P = 78 - 15Q, Q is equal to the output in plan 1 plus output in plant 2 such t..
What will the book value of this equipment : Meister Cheese Company is considering an investment in new equipment that costs $20,740,000. It will be used for 4 years and qualifies as seven-year MACRS property. What will the book value of this equipment be at the end of four years?

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!

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