Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

A supermarket chain has devised the following formula for maximizing its sales: S = -30x2 + 5a2 - ax + 100x + 1,000, where s = sales, x = square feet of the store in units of 50,000 square feet, and a = annual advertising in units of 100,000. Suppose a = 10. Find the square footage for the store that maximizes sales.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91547541
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Microeconomics

Question what is a just society which of the three theories

Question: What is a just society? Which of the three theories of economic justice discussed in Chapter Three (utilitarian, libertarian, or Rawls's theory) do you feel would best create such a society? Why have you select ...

Question assume that the elasticity of demand for some good

Question: Assume that the elasticity of demand for some good is less than 1 in absolute value. If half of the available supply is destroyed its price will rise, as will the total amount consumers spend on it. Does this m ...

Question when state health insurance exchanges become

Question: When state health insurance exchanges become effective in 2014, low-income individuals will qualify for premium credits and/or subsidies, where the amount of credit or subsidy will be determined individually fo ...

Question please use the american psychological association

Question: Please use the American Psychological Association style writing format for referencing your sources. Reference Librarians at each campus of the college can also help you with this. Recommended website: Purdue U ...

Question standard economic theory examines competition as

Question: Standard economic theory examines competition as the number of firms within the market. What was Hayek's contention with this view in The Meaning of Competition? Instead, what did Hayek say was the better way t ...

Question suppose there are two firms that produce two

Question: Suppose there are two firms that produce two different goods, one with a price elasticity of demand of -0.3 and the other with a price elasticity of demand of -3. Calculate the Lerner Index for both firms and i ...

Problem now consider question if you are a manufacturer of

Problem: Now consider question if you are a manufacturer of auto parts. How would your answer differ? How would it differ for manufacturing and retail firms generally? Question: Suppose you work for a large retail chain ...

Question in these efforts they build scholarship based on

Question: In these efforts, they build scholarship based on reason, balance, and supporting evidence, although much of this scholarship is based on theory. Discuss how political scientists attempt to quantify data, manip ...

Question the darkroom window shade company has 100000

Question: The Darkroom Window shade Company has 100,000 shares of stock outstanding. The investors in the firm own the following numbers of shares: investor 1 has 20,000 shares; investor 2 has 18,000 shares; investor 3 h ...

Question consumer surplus is used as a measure of a

Question: Consumer surplus is used as a measure of a consumer's net benefit from purchasing a good or service. Explain why consumer surplus is a measure of net benefit. The response must be typed, single spaced, must be ...

  • 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

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved