Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

Let us return to the condition with two lemonade stands, but this time their locations are fixed. The first stand is situated at the middle of beach, while the second stand is situated all the way at the far (right) end of the beach. How would the two owners set their prices to raise their profits? Suppose that the beach is one mile in length, there’re 120 consumers uniformly distributed along the beach, the consumers have the travel cost of $3/mile, and the lemonades are costless to manufacture. How many types of lemonade are sold by each stand? What are the realized profits for each owner?

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M913986

Have any Question? 


Related Questions in Macroeconomics

A lower east-side cinema charges 300 per ticket for under

A Lower east-side cinema charges $3.00 per ticket for under 12 years of age and $5.00 per ticket for anyone 12 years of age or older. The firm has estimated that the price elasticity of demand for tickets by those 12 yea ...

A corporation produces output with a constant market price

A corporation produces output with a constant market price of $70 per unit. The marginal product of capital is 1/(2K), where K is units of capital, with each unit assumed to be worth $1. The life span of the capital is 1 ...

When installing utp cable for a horizotnal link it is very

When installing UTP cable for a horizotnal link, it is very important to minimize crosstalk. Explain what crosstalk is, why crosstalk can be a problem, and how it is minimized when terminating UTP cables.

Assume an economy that is operating above full

Assume an economy that is operating above full employment. Draw a correctly labeled aggregate demand and aggregate supply graph and show each of the following: The long-run aggregate supply curve Current price level and ...

Labor relations law600-800 words 2 scholarly

Labor Relations Law 600-800 words, 2 scholarly references Recently, you have heard rumors that employees would like to unionize. The director of human resources has come to one of your regional managers' meetings to disc ...

Answer the following questions -question - write a note on

Answer the following questions - Question - Write a note on economics and politics of international trade?

Choose one of the following two questions to discuss if

Choose one of the following two questions to discuss. If there are two original posts related to one question, then you have to choose the other question for your original post. 1. The world's Least Developed Country can ...

Assume the economy is in long run full employment

Assume the economy is in long run full employment equilibrium with unemployment at the full employment rate of 6% and inflation of 4%. In this situation what would happen to aggregate demand and aggregate supply, unemplo ...

Sary of this article Summary of this article :

Summary of this article : http://www.taxjustice.net/cms/upload/pdf/Sheppard_1208_Transfer_Pricing.pdf Briefly summarize the concept of transfer pricing (use a numerical example) why some analysts believe transfer pricing ...

Do you agree or disagree with one of the following

Do you agree or disagree with one of the following statements (just need to pick one)? Find an article that supports your claim. Summarize the article and write a short paragraph explaining your opinion. There is no righ ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro