Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A monopolist has demand and cost curves given by:
Q = 1000 - 2P
TC = 5,000 + 10*Q
Find average cost (AC), average variable cost (AVC), marginal cost (MC), marginal revenue (MR).
a. What is the quantity that maximizes profit? What is the revenue and profit at that point?
b. What is the quantity that maximizes revenue? What is the revenue and profit at that point?
calculated the price to be $7 and quant to be 5 on first part. After, I thought the price would be $7.67. Is this correct? and if not, please explain. show the changes in the equilibrium price and quantity.
Compute the elasticity of trades with respect to every inconsistent in the demand function.
If you advertise and your rival does not, you will make $ 10 million and your rival will make $ 3 million. If your rival advertises and you do not, you will make $1 million and your rival will make $ 3 million.
If you were the angel investor, what is your certainty equivalent for these two projects? Are you risk-averse, risk-neutral, or risk-lover?
Elucidate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
Elucidate the cost of producing an additional washing machine when 50 cars are being produced. when 150 cars are being produced.
Explain why do you think it is important for managers to understand the mechanics of supply and demand both in the short run and in the long run.
Assume he takes welfare and does not work. Illustrate what is his reservation wage. He will not lose his welfare if he works.4. Suppose he is working and receives no welfare.
Assume that velocity of money is 5, nominal GDP is $1,350,000 and cost level is 3. Estimate all possible unknowns in XYZ's economy, if its federal reserve buys $9,000.00 in government bonds.
Assuming that wheat and barley both sell for $1, and income is $20, compute the price elasticity, cross price elasticity and income elasticity for wheat."
Is there a surplus or deficit in the government budget at the equilibrium level of income.
Illustrate what might you call an outward shift of a nation's production possibilities frontier.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd