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Kia Motors manufactures cars that are sold through dealers. The (daily) demand for Kia cars in a certain market is given by q(p) = -3p + 122 and let the (constant) marginal cost of manufacturing a car be: MC = 40 Suppose that Kia charges a fixed fee for the dealer to be able to buy cars in order to sell in its dealership (call it a membership fee), and charges a price for every car it sells the dealer once the membership is paid
What would the membership price be?Instead suppose the market for dealers is perfectly competitive, and Kia charges a wholesale?What will be the quantity the dealer will demand ?What would be the price Kia will set?What is the equilibrium quantity of Kia cars sold? What are the profits of the dealers?What are the profits of Kia?
A friend borrows $930 today and promises to pay you back $1900 in 8 years. If inflation is expected to be 2.7% per year during this time, what is the inflation-adjusted rate of return?_______ % per year
All of the following are examples of stock variables except one.
It has replaced the rigid, hierarchical, top-down structure with a more flexible, horizontal, integrated work place model.
Trixie is considering buying a new car at a cost of $13512. She is planning to keep the car for five years and is hoping the car will sell for $5395 at the end of year 5. She estimates that insurance, fees, maintenance, and gas will be $633 in yea..
1. Currently, there are 5723 registered hospitals in the United States. a. Are the numbers of hospitals in different states discrete or continuous?
Suppose you are given the following Total Product Function: Q=100 K^3/2 L^4/2 M^4/7 ,where Q is total output or units produces; K, capital; L, labor and M, materials.; that is, this is a input factor production function. Take the log of the above fun..
Suppose Helen deposits $4,000 today, and one year from today she deposits another $500. Each year she increases her deposit by $500 until she makes her last deposit on Roberta's 18th birthday. What is the annual equivalent of her deposits, and h..
A small-volume foreign auto maker limits the number of its franchised dealers in the United States and gives them exclusive territories. There are also non-dealers who have no official connection with the manufacturer.
Medicaid agency has made a take it or leave it offer of $2 per pill. Do you accept?
What might be an example of a more elastic good? What might be an example of a more inelastic good? Explain why.
What is the fiduciary duty of loyalty? Did Gaffney act ethically in this case? Did Gaffney and his partners breach their fiduciary duty of loyalty?
Can the central limit theorem be applied in the economic sector or in the business environment, will the toll be helpful, please help me?
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