(Answered) 1 ajax cleaning products is a medium-sized firm operating

Management Studies

1. Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one large firm - Tile King. Ajax produces a multi headed tunnel wall scrubber that is similar to a model produced by Tile King. Ajax decises to charge the same price as Tile King to avoid the possibility of a price war. The price charged by Tile King is $20,000.Ajax has the following short-run cost curve:

TC = 800,000 - 5000Q + 100Q^2
a) Compute the marginal cost curve for Ajax.
b) Given Ajax's pricing strategy, what is the marginal revenue function for Ajax.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M91701391
Price:- $12

Verified Expert

Priced at $24 Now at $12, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

What is the various security architectures which provides

What is the various security architectures. Which provides the best balance between simplicity and security? Justify your answer.

Show examples of organizations that are more focused on

Show examples of organizations that are more focused on simply bringing in money to the organization and those that are more focused on building relationships. What are the differences in how they conduct fundraising act ...

Identify stakeholder training requirements and needs from a

Identify stakeholder training requirements and needs from a knowledge system requires research. Give examples of methods you have used, or would consider using in the future, to assess client learning needs.

Rideon inc is an automobile company that has strategic

RideOn, Inc., is an automobile company that has strategic alliances with two entities: a supplier in India and a manufacturer in South Africa. RideOn's vehicles are known for being of good quality, but they are more expe ...

What are some benefits of value chain management how do

What are some benefits of value chain management? How do these benefits add value to various stakeholders? How can these benefits be enhanced? Why is global value chain management very important in our current world of r ...

Writea c functionnbspescapechar s char tnbspthat converts

Writea C function escape(char s[], char t[]) that converts the characters newline and tab into two character sequences n and t as it copies the string t to the string s. Use the C switch statement. Also write the reverse ...

Imagine your workplace is experiencing low productivity and

Imagine your workplace is experiencing low productivity and staff are experiencing poor morale due to customer service difficulties. Access and read your organisational customer service policy. Based on this document, ev ...

What tenets of the auburn creed would be attractive

What tenets of the Auburn Creed would be attractive characteristics for skills that a company would need in the future and which tenets are not current?

Describe the proceduresguidelines used by hr to conduct a

Describe the procedures/guidelines used by HR to conduct a job evaluation.

Which of the listed qualities of leaders and managers did

Which of the listed qualities of leaders and managers did the nurse manager display? Which behaviors? Which ones did the nurse manager not display?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert