Firm make profits of losses with this quantity, Macroeconomics

Assignment Help:

The Marginal Costs (MC) for a firm is given by the function MC=50x. Please find the Marginal Revenues (MR) for each of the following scenarios (if appropriate). Then, find the profit maximizing production quantity. Does the firm make profits of losses with this quantity?

• For a price of 10, the firm can sell as many units as it wants to.

• The demand function is xp20110?

• The demand function is xp2040?


Related Discussions:- Firm make profits of losses with this quantity

Compute the gain and directivity of the antenna, An antenna in free-space d...

An antenna in free-space driven by current Io radiates far-field E as: for 0 ≤ Φ ≤ π, here C = constant = 0 everywhere else a) Compute the power density, b) Compute t

Show the advantage and disadvantage of money, Q. Show the advantage and dis...

Q. Show the advantage and disadvantage of money? Money has one significant advantage and one disadvantage compared to bonds:  · Advantage: Money is more liquid than bond

What do you understand production method, Question 1 Discuss the relation...

Question 1 Discuss the relationship between microeconomics and macroeconomics Question 2 What do you understand production method? What precaution should be taken while

Relationship between saving and income, The following table contains data o...

The following table contains data on the relationship between saving and income. Rearrange these data into a meaningful order and graph them on the accompanying grid. What is the s

Industrial organization, There are very examples of perfect competition. Ye...

There are very examples of perfect competition. Yet in the study of industrial organization, significant discussion is focused on this type of market. Explain why.

Determine the output level-wholesale price, Assume an industry with one ups...

Assume an industry with one upstream and one downstream monopoly. The upstream monopoly produces Q , which is sold solely to the downstream monopoly. The downstream monopoly faces

Economy if price ceiling or price floor were removed, What is the impact on...

What is the impact on the economy if price ceiling or price floor were removed? Ans) Price ceiling is government system or laws setting price floors or ceilings that forbid the

Definitions for GDPand GNP, Why is GNP C+ I + G + (X- M)+ NR + NP. What is...

Why is GNP C+ I + G + (X- M)+ NR + NP. What is relationship between X - M and NR + NP

#title., it has been argued that economic development of developing countri...

it has been argued that economic development of developing countries has been held back by a persistent fall in the terms of trade of developing countries over the long run

Write Your Message!

Captcha
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