Write out the company tms total average and marginal cost

Assignment Help Business Economics

Reference no: EM13156069

Grateful Dead Merchandising Company currently has a monopoly over the issuing of Dead concerts on Compact discs. Market research indicates the demand for Dead CDs is Q = 2,000 100 P. The set up cost for each production run is $1,000. After set up there is a marginal cost of $ 4 for each CD.

Set up the total, average and marginal revenue functions for GDM.

Write out the company ^TMs total average and marginal cost functions.

Reference no: EM13156069

Questions Cloud

Find the marginal cost the average cost function : For each of the cost functions found in part I, find the marginal cost, the average cost function and the average variable cost function.

What is the new volume of the balloon : A weather balloon has a volume of 450 L when filled with helium at 45oC to a pressure 0.80 atm. What is the new volume of the balloon in an atmosphere where the pressure

Which is likely a parameter as opposed to a statistic : Which of the following is most likely a parameter as opposed to a statistic? The average score of the first five students completing an assignment

Calculate the molar mass (g/mol) of a gas : Calculate the molar mass (g/mol) of a gas whose root mean square speed is 796 m/s at 512 K.

Write out the company tms total average and marginal cost : After set up there is a marginal cost of $ 4 for each CD. Set up the total, average and marginal revenue functions for GDM. Write out the company TM s total average and marginal cost functions.

Revising and drafting and rough draft : Identify three different types of evidence you could use to develop your working thesis from Entry 2. Use specific information from your brainstorming list, as well as any other ideas that come to you. (Length open)

Most likely to use process costing : Which of the following would be most likely to use process costing? A. Superior Auto Body & Repair B. Crammond Custom Cabinets C. Sunshine Soft Drinks D. AJackson & Taylor Tax Service

What is the pressure (in atmospheres) of gas : An aerosol spray can with a volume of 350 mL contains 3.2 g of propane gas (C3H8) as propellant. What is the pressure (in atmospheres) of gas in the can at 65oC?

Define what is the molality of the copper sulfate solution : sulfate pentahydrate are made into a solution with 512.441 g of water. What is the molality of the copper sulfate solution?

User Account

All Pages