What is the publishers profit maximizing price

Assignment Help Macroeconomics
Reference no: EM13232918

Willingness to Pay Number of Students
EMBA $300 1,000
MBA $100 2,000

The publisher of an on-line Economics Primer course is trying to sell the primer to a group of MBA students and a group of EMBA students in the US. The maximum willingness to pay and the number of students in each group. Assuming the marginal cost of each primer is $50, what is (are) the publisher's profit maximizing price(s)?

Reference no: EM13232918

Questions Cloud

Explain reactions carried out at a constant temperature : Consider the following reactions carried out at a constant temperature and pressure. In which of these will the amount of work done be positive, only the coefficients of the reactants are given. All species are gas unless otherwise noted.
Why brownstowns management was reluctant to release info : A combination of low prices with strong competition by foreign competitors and so-called "legacy costs" of unions are cited as the primary reasons why so many steel companies are filing for bankruptcy. In 2002, as Brownstown Steel Corp.
What changes to each products price should domino sugar make : Domino Sugar Is considering the purchase of Fisher Honey Co. for $100 million. Based on information obtained from 500 supermarkets around the country, when 1 lb. of Domino Sugar went o sale from $2.00 to $1.50,
State the structures of the organic products : Write the structures of the organic products that will be formed when methyl benzoate is treated with lithium aluminum hydride and the reaction mixture is worked up with aqueous acid.
What is the publishers profit maximizing price : The publisher of an on-line Economics Primer course is trying to sell the primer to a group of MBA students and a group of EMBA students in the US. The maximum willingness to pay and the number of students in each group
Explain sodium borohydride followed by aqueous acid : Using curved arrows to symbolize the flow of electrons, write the mechanism for the steps involved in the conversion of 9-fluorenone to 9-fluorenol with sodium borohydride followed by aqueous acid
Write a program that requests a state and category : Table 4.7 State Flower Nickname Motto California Golden Poppy Golden State Eureka Indiana Peony Hoosier State Crossroads of America Mississippi Magnolia Magnolia State By valor and arms New York Rose Empire State Ever upward Table 4.7 contains in..
Describe the catalytic mechanism of acetylcholinesterase : Acetylcholine is rapidly destroyed by the enzyme acetylcholinesterase. Like serine proteases contains Asp - His - Ser catalytic triad
Explain how is the firm covering its avc at prices : Suppose a perfectly competitive firm has the short-run cost function C = 125 + q2. The associated marginal cost (MC) for this total cost funct ion is 2q.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Calculate the range in population average volume

Beauty lotion is a skin-moisturizing product that contantains rich oils, blended especialy for overly dry or neglected skin. Product is sold in five once bottles by a wide range of retail outlets.

  What is the appropriate goal for the inflation rate

a) Should the Federal Reserve Board focus exclusively on the problem of inflation b) What other goals are appropriate for Federal Reserve policy c) What is the appropriate goal for the inflation rate d) How effective is Federal Reserve monetary polic..

  Find the standard deviation of the repair distribution

Although all appliances are given a unique serial number when manufactured, until this year Armonco had no capability of determining how often any appliance was brought to an authorized service facility.

  Two years ago when the officials in plentiful decided

It all begins two years ago when the officials in Plentiful decided to raise the tipping fees at their Raw End

  Explain are there any present events in the news

Explain are there any present events in the news that you can directly link to concepts or theories covered so far.

  Is type of business a categorical or quantitative variable

The Commerce Department reported receiving the following applications for the Malcom Bardrige National Quality Award: 23 from large manufacturing firms, 18 from large service firms, and 30 from small businesses. - Is type of business a categorical..

  Determine the future worth in year 10 of a mineral lease

Income from the mining of mineral deposits usually decreases as the resource becomes more difficult to extract. Determine the future worth in year 10 of a mineral lease that yields income of $12,000 in years one through four and then amounts that..

  What is the relevance of the price elasticity of demand

Why are these goals in conflict with each other? What is the relevance of the price elasticity of demand in determining which of the goals is likely to be most fully met? Why do you think excise taxes on gasoline, tobacco, and alcohol are common?

  Suppose the elasticity of us exports is very low

Suppose the elasticity of U.S. exports with respect to the real exchange rate is very low

  Building a new factory in your town

An automobile company is building a new factory in your town. what may be a positive externality of this event?

  Identify the marketplace structure of the electronics

Identify the marketplace structure of the electronics retail sales industry. Discuss possibility of short-run and long-run profits in that industry.

  Describe when economists with different political views

Describe when economists with different political views do cost/benefit comparisons, they often reach different conclusions. If their analysis is based on objective costs and valid techniques, why wouldn't they reach similar conclusions, even if t..

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