Ask Question, Ask an Expert

+61-413 786 465

[email protected]

Ask Managerial Economics Expert

Economics


Home >> Managerial Economics

Suppose ZCorp has the following short run production function
Q = 50X - 2X^2
where X is the only variable input used by ZCorp to product its product, Q.

Because ZCorp sells its product in a perfectly competitive market, it can sell all the Q it produces for $25. The current market price for input X is $100.

How many units of X will ZCorp buy?

 

Managerial Economics, Economics

  • Category:- Managerial Economics
  • Reference No.:- M9307244

Have any Question?


Related Questions in Managerial Economics

Topic - cost benefit analysis cba discussion benefits and

Topic - Cost Benefit Analysis (CBA) Discussion: Benefits and Shortcomings of Cost Benefit Analysis As mentioned in the Weekly Introduction, cost benefit analysis is one of the most widely used of all public-sector manage ...

Assignment - portfolio project for the final project you

Assignment - Portfolio Project For the final project, you will create a case study based on a company of your choice. The case study should include at least 5 of the concepts that we have discussed. The case study should ...

I have long thought subway made a monster mistake in their

I have long thought Subway made a MONSTER mistake in their "$5 footlong" campaign, that showed the whole country that they could sell footlong subs for just $5. I think this decreased the value of their brand, and made t ...

Discussion explore applications of pert and cpm in the

Discussion: Explore Applications of PERT and CPM in the Public or Non-Profit Organizations PERT is typically used to manage very large projects. In terms of scale, think weapons systems, the development of interstate tra ...

Queuing theory in the public sectordiscussion queuing

Queuing Theory in the Public Sector Discussion: Queuing Theory and Wait Times For this Discussion, you dive deeper into the topic of queuing. To prepare: Review the Learning Resources for the week as they relate to the t ...

Geographic information systems gisassignment short paper

Geographic Information Systems (GIS) Assignment: Short Paper: GIS In the early years of Geographic Information Systems (GIS) technology, mapping was largely limited to public works, and then in the 1990s and early 2000s, ...

Simulation and agent-based modeling schelling t c 1971

Simulation and Agent-Based Modeling Schelling, T. C. (1971). Dynamic models of segregation. Journal of Mathematical Sociology, 1(2), 143-186. Seminal Retrieved from the Walden Library databases. Discussion: Agent-Based M ...

Question read three 3 academically reviewed articles on

Question: Read three (3) academically reviewed articles on managerial economics and complete the following activities: (500 words) 1. Summarize all three (3) articles. Please use your own words. No copy-and-paste 2. Disc ...

  • 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