1 given the demand curve p 2000 ndash 2q and marginal costs, Ask an Expert

Economics

1. Given the demand curve P= 2,000 – 2Q and marginal costs of MC = 1,100 + 2Q, the firm’s profit will maximize at equilibrium price and output of:

2. Based on the demand and cost function in previous question, in a two-part tariff pricing strategy, what is the most fee (leaving buyers with zero consumer surplus) the seller is able to charge?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91240316

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question according to shaw and barry deciding what sort of

Question: According to Shaw and Barry, deciding what sort of economic arrangements would best promote human happiness requires the utilitarian to consider many things. What are the five considerations mentioned by Shaw a ...

Question identify at least two effective marketing

Question: Identify at least two effective marketing strategies for helping companies avoid "marketing blunders" for their products or services in foreign countries. Outline the pros (advantages) and cons (disadvantages) ...

Question - in each of the following examples discuss which

Question - In each of the following examples, discuss which market model appears to best explain the behavior described (Perfect competition, Monopolistic competition, Oligopoly, Monopoly): a. Corn prices reached highs i ...

Question the demand for boobles can be written as q 11000

Question: The demand for boobles can be written as: Q = 11,000 - 8P. Calculate the price, quantity, total revenue and marginal revenue when the elasticity of demand = -2.2. Calculate the price, quantity, total revenue an ...

Question discuss the current event situations you reviewed

Question: Discuss the current event situations you reviewed. How is your current event significant? Why is it important to the study of management? Cite your course readings to justify and explain your responses. The res ...

Question using two demand and supply diagrams one for the

Question: Using two demand and supply diagrams, one for the low-wage labor market and one for the high-wage labor market, explain how information technology can increase income inequality if it is a complement to high-in ...

Question joyce loves to work and loves earning money john

Question: Joyce loves to work and loves earning money. John loves relaxing and doesn't care about money. Assume that John and Joyce have the same wage of $10 per hour. (2pts) a. Graphically show a wage rate at which Joyc ...

Question what are some of the problems associated with

Question: What are some of the problems associated with capitalism which the American people have called upon government to address? What are some examples of ways in which government has attempted to alleviate each of t ...

Question imagine that the government reworks the welfare

Question: Imagine that the government reworks the welfare policy that was affecting Jonathan in question 1, so that for each dollar someone like Jonathan earns at work, his government benefits diminish by only 30 cents. ...

Question in this situation you are the manager of a

Question: In this situation, you are the manager of a struggling company ,any type of company you wish, of 18 employees, how would you encourage a creative work for your employees using examples of what others have done ...

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 Microeconomics Expert