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!
Question - Lucinda has written a new novel and has chosen to self-publish. Her copyright ensures that no one can legally copy her novel. The table below shows the demand for Lucinda's novel and her costs of publishing.
Lucinda's Demand and Costs of Publishing
Price (dollars)
Quantity (books)
Marginal Revenue (dollars)
Marginal Cost (dollars)
Average Total Cost (dollars)
$45
0
-
40
4,000
$40
$5.00
$6.25
35
8,000
30
3.75
5.00
12,000
20
25
16,000
10
10.00
6.25
20,000
18.75
8.75
15
24,000
- 10
31.25
12.50
a. How many books should Lucinda publish in order to maximize profits?
b. What price should Lucinda charge for her books in order to maximize profits?
c. How much profit will Lucinda's books generate if she produces the profit-maximizing quantity and charges the profit-maximizing price?
The days of picking up a phone and calling to order a product is almost of heard of today. Today most ordering is done on line using new technology known as Electronic Data Interchange (EDI). Big distribution centers are using this technology to fil..
What is the difference between fixed cost and variable cost? Explain the shape of the Total Variable Cost curve and explain why and how the total cost and total variable cost curves differ.
Using scholarly research, develop a 3-5 page paper discussing your understanding of the following terms: Economics, Microeconomics, Managerial economics and The difference between macro and micro economics.l
what factors affected national income unemploymey rate and inflation rate what factors effect each of these economic
Use the Keynesian AD-AS model to answer the following questions. Draw the effects of a recession caused by a decease in aggregate demand. For simplicity, assume that your economy starts at general equilibrium.
Describe and derive the symmetric , monotonic equilibrium in the first price auction - Derive an expression for the expected payment by a bidder.
A 100 KM toll way costs $5M per km to build. The bonds are for 20 years and pay 10 percent per year [(A/P, 10%,20) = 0.1175]. If annual maintenance costs are $1000 per km, and 20000 vehicles use the toll way every day, what toll needs to be charged t..
Discuss a scenario in which the use of leading indicators for your industry or firm (or an industry or firm of your choosing, could be fictitious or general) might improve performance and promote better decision making.
1) Compare and contrast benefits and challenges that exist between centralized database management systems and distributed database management systems. Identify potential business environments where each can be properly used.
assume that a firm in a perfectly competitive industry has the following total cost scheduleoutput
Normal 0 false false false EN-US X-NONE X-NONE Explain the multiplier intu..
Explain the MC=MR Rule
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