Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

A firm with two plants, A and B, has the following estimated demand and marginal cost functions:

Qd=120-10p
MCa=4+.2Qa
MCb=6+.10Qb

A) Determine the profit maximizing allocation of output between the two points.

B) What price should the firm set?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M965171

Have any Question?


Related Questions in Microeconomics

Question describe how each of these changes is likely to

Question: Describe how each of these changes is likely to affect poverty and inequality: a. Incomes rise for low-income and high-income workers, but rise more for the high-income earners. b. Incomes fall for low-income a ...

Discussion customs brokerswhy should individuals and firms

Discussion: Customs Brokers Why should individuals and firms use customs brokers when importing and exporting? What are the benefits? Your post must be at least 300 words, formatted and cited in proper APA style with sup ...

Question psychologist beverly daniel tatum summarizes the

Question: Psychologist, Beverly Daniel Tatum summarizes the impact of institutionalized racial policies like FHA loan practices: "To the child of that parent, it looks like, ‘My father worked hard, bought a house, passed ...

Question you are running a small prototype pca shop and you

Question: You are running a small prototype PCA shop, and you need to borrow money to buy a new pick and place assembly machine. Your bank offers to lend you $100,000 for 10 years. You must pay $14.903 per year to pay of ...

Question firm z operating in a perfectly competitive market

Question: Firm Z, operating in a perfectly competitive market, can sell as much or as little as it wants of a good at a price of $16 per unit. Its cost function is C = 50 + 4Q + 2Q^2. The associated marginal cost is MC = ...

Question according to the bird and borio readings global

Question: According to the Bird and Borio readings, global economic imbalances arise over time and are often the usually the result of financial or structural economic imbalances that manifest in external imbalances. Wha ...

Question what determines a competitive firms demand for

Question: What determines a competitive firm's demand for labor? How does labor supply depend on the wage? What other factors affect labor supply? How do various events affect the equilibrium wage and employment of labor ...

Assignment demonstrate an understanding of the relevance of

Assignment: Demonstrate an understanding of the relevance of economic concepts within the healthcare sector. Cost and affordability are important factors in the successful delivery of healthcare to the people of this cou ...

Question what is meant by absolute poverty what measures of

Question: What is meant by absolute poverty? What measures of income poverty are favored by development economists? How do income poverty measures differ from the UNDP's Multidimensional poverty index? Why should we be c ...

Question the data found in teh attached file below contains

Question: The data found in teh attached file below, contains information from the year-2000 Professional Golfers' Association tour. It includes the players' names, their average score, the average distance they drive th ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As