Q. Intially Starbucks expanded internationally by licensing its format to foreign operators. It soon be came disenchanted with stragy.Why?
Q. Total cost function for a firm is given by C(q)=2q^2+8q+7+A where A is the expenditure on advertising. The firm is monopolist. Demand function is q=40-2P+1/2*square root of A. Find profit maximizing quanity for this firm.