multiplnat monopoly, Microeconomics

Assignment Help:
P=140-4Q
mc1=20+30q for plant 1
mc2=80+10q for plant 2

how many units should be produced by plant 1 and plant 2 to maximise profit for this monopoly?






Related Discussions:- multiplnat monopoly

What do you mean by costs, Q. What do you mean by Costs? Costs Section ...

Q. What do you mean by Costs? Costs Section 56 of the Environment Act describes costs as including ‘costs to any person and costs to the environment'. The costs of a project a

Monopsony, disadvantages of monopsony

disadvantages of monopsony

Indifference curve, Jane receives utility from days spent travelling on vac...

Jane receives utility from days spent travelling on vacation domestically(D) and days

Explain about the specification of economics environments, Explain about th...

Explain about the specification of economics environments. Specification of Economic Environments: The primary step for studying an economic issue is to identify the econom

Determine the nominal reservation wage, Mikes' preferences for consumption ...

Mikes' preferences for consumption and leisure may be represented by the Utility function: u(C, L) =  ( C-200)*(L-80) . His marginal utilities of leisure and consumption are (C-200

Elasticity, not that long ago we experienced the excitement of thinking we ...

not that long ago we experienced the excitement of thinking we would have cheaper online books and free music. these visions that we had of a free market utopia that blinded us to

Opportunity cost, explain the relationship between scarcity,choice and opp...

explain the relationship between scarcity,choice and opportunity cost

What is market clearing level and public good, What is market clearing leve...

What is market clearing level and public good? Market clearing level is the price level current in the market at which consumer is willing to purchase a particular commodity f

What should be the appropriate growth rate in any country, What should be t...

What should be the decent/appropriate growth rate in any country?  Answer:   A growth rate of among 2-3% is considered normal for mature developed countries; for LICs, 5-7% is

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