What whole sale price will mirk labs set

Assignment Help Business Economics
Reference no: EM1372406

Q. Mirk Labs is a British pharmaceutical company that currently enjoys a patent monopoly in Europe, Canada and United States on Zatab an allergy medication. Global demand is Qd =15.0 where Qd is annual quantity demanded of Zatab and P is wholesale price of Zatab per unit. A decade ago Mirk Labs incurred $60 million in research and development coss for Zatab. Current production costs for Zatab are constant and equal to %5 per unit what whole sale price will Mirk Labs set

Reference no: EM1372406

Questions Cloud

Compute profit maximizing price combination : Market demand and marginal revenue relations for Glove Box units are: P=$500,000-$250Q;MR=$500,000-$500Q;
What will be accumulated debt : Assuming that budget stays same except for interest on debt for 10 years, what will be accumulated debt? What will size of budget be after 10 years.
Us teacher qualification : In assessing teacher qualifications nationwide, and based on his assessment, how has Henslin characterized teacher qualification in the United States?
What would be the speed of the last car as it passes worker : An 88 g arrow is fired from a bow whose string exerts the average force of 110 N on the arrow over a distance of 78.00 cm. What is the speed of the arrow as it leaves the bow.
What whole sale price will mirk labs set : A decade ago Mirk Labs incurred $60 million in research and development coss for Zatab. Current production costs for Zatab are constant and equal to %5 per unit what whole sale price will Mirk Labs set.
What is the average net force of car : The electric potential difference between two infinite, parallel metal plates is V. If the plates are separated by a distance L = 4.50 mm and the electric field between plates is E = 270 V/m, what is V.
Ceate product plans to increase profits : You also find from your survey that firms who are eager to pay higher are also interested in web hosting and can pay another $20 for it. Now, can you create some product plans to increase your profits?
Shut down decision : An unprofitable company has employed me to determine whether they should shut down there unprofitable operation or not.
Which arguments is president using to justify trade : Which of following arguments is president using to justify trade restriction on ball bearings.

Reviews

Write a Review

Business Economics Questions & Answers

  United states to raise its own interest rate

Compare the effects of the two policies, based on the models developed. Why might the United States have preferred one policy over another.

  Illustrate what implicit assumptions are the publisher

The Wall Street Journal's experience after it increased its price to 75 cents. Illustrate what implicit assumptions are the publisher and the analyst making about price elasticity.

  Monetary policy or fiscal policy

Defend your use of either monetary policy or fiscal policy to do this.

  Illustrate what if accidents costs decrease with precaution

Illustrate what if accidents costs decrease with precaution. Explain how does this affect efficient level of precaution. Explain.

  Total revenue function

Using this demand function, find the total revenue function. What is the shape of the total revenue function.

  Calculate the amount of tax collections that the government

reduce period-one taxes to t1 = 2 without changing either g1 or g2. If this policy change is enacted, is it possible to numerically calculate the amount of tax collections that the government will require in period two.

  Illustrate wwhat is the maximum net national loss

Illustrate wwhat is the maximum net national loss that this could cause Canada. What is the minimum national loss if Canada is a small country that can not affect the world price.

  Compute the numerical elasticity of long-run demand

Compute the numerical elasticity of long-run demand. Is it unitary, elastic, inelastic, etc. Explain why would consumers demand 0 minutes in the long run if the price was $.30 per minute.

  Explain how will the market restrain economic freedom

Explain how will the market restrain economic freedom. Explain how will society produce goods and services at lowest cost.

  Compute demand of price elasticity

Compute demand of price elasticity of for natural gas sold to the US.

  Describe the impact of rational self-interest on each

What happens to the money supply, interest rates, investment spending and GDP. Describe the impact of rational self-interest on each.

  Explain by how much gdp increase if there are abor-force

If the average worker produces $80,000 of GDP, explain by how much will GDP increase if there are 150 million labor-force participants and the unemployment rate drops from 5.2 to 4.5 percent.

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