What price-quantity combination maximizes your firm

Assignment Help Macroeconomics
Reference no: EM13333217

You are the manager of a monopoly and your demand and cost functions are given by P = 200 – Q and C(Q) = 2,000 + 3Q^2, respectively. I answered a & b, just need help with the others.

a. What price-quantity combination maximizes your firm’s profits?

Reference no: EM13333217

Questions Cloud

What is the current share price at a rate of 20 percent : Dividends are expected to grow at a rate of 20 percent for the next three years, with the growth rate falling off to a constant 8 percent thereafter. If the required return is 11 percent and the company just paid a dividend of $1.45
What would be the overall margin on the order : What was the absorption costing net operating income last year and what would be the overall margin on the order?
Define an extraction of an aqueous solution : Suppose that you are performing an extraction of an aqueous solution with an organic solvent that has a density less than water. propose a method to identify and collect only the organic solvent. assume that water and you solvent of interest are n..
What is the speed and direction of the third piece : A firecracker in a coconut blows the coconut into three pieces. Two pieces of equal mass fly off south and west, What is the speed and direction of the third piece
What price-quantity combination maximizes your firm : You are the manager of a monopoly and your demand and cost functions are given by P = 200 – Q and C(Q) = 2,000 + 3Q^2, respectively. I answered a & b, just need help with the others.
Find effective interest rate for fidelity and southwest bank : Summit Record Company is negotiating with two banks for a $136,000 loan. Fidelity Bank requires a 14 percent compensating balance, discounts the loan, and wants to be paid back in four quarterly payments.
Explain the anode is electrode where oxidation occurs : In an electrochemical cell, which of the following statements is FALSE? A. The cathode is the electrode where reduction occurs. B. The anode is electrode where oxidation occurs. C. A spontaneous electrochemical cell is called a galvanic cell. D. A..
How far from its base did the diver hit the water : A diver running 2.5m/s dives out horizontally from the edge of a vertical cliff and 2.9s later reaches the water below. How far from its base did the diver hit the water
Estimate of the total variable cost per unit : The company's degree of operating leverage is 8. At this sales level, fixed expenses - Estimate of the total variable cost per unit?

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd