Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Two physical therapy firms want to merge. The price elasticity of demand for physical therapy is -0.40. Firm A has a volume of 10,400, fixed costs of $50,000, marginal costs of $20, and a market share of 8%. Firm B has a volume of 15,600, fixed costs of $60,000, marginal costs of $20, and a market share of 12%. The merged firm has a volume of 26,000, fixed costs of $100,000, marginal costs of $20, and a market share of 20%.a. What are the total costs, prices, revenues, and profits for each firm and for he merged firm?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91708975

Have any Question?


Related Questions in Business Economics

Eventnbspanbspoccurs with probability 04 if

Event  A  occurs with probability 0.4. If events  A  and  B  are not disjoint, then a P ( B )   0.6 b  P ( B ) ≥ 0.6. c  P ( B ) > 0.6. d  P ( B ) Step 1: You are tossing a balanced die that has probability  of coming up ...

Suppose that the six students listed below have applied for

Suppose that the six students listed below have applied for a bursary. 1. Justin 2. Gordon 3. Ahmed 4. Melanie 5. Olga 6. Ian Only three students can receive the bursary. Because they have all met the criteria for the bu ...

Discuss and provide application of concepts of supply and

Discuss and provide application of concepts of supply and demand by identifying two goods and two services you consume at the household or professional level. For each example, you will identify a demand-shifting factor ...

What is the putting out system what does it illustratea an

What is the "putting out" system? What does it illustrate? a. An experimental system in which white slave owners assigned slave families a plot of land, and let the slaves market X% of the resulting harvest. This illustr ...

Suppose the lifetime of a particular appliance follows an

suppose the lifetime of a particular appliance follows an exponential distribution with a mean of 10 years. what is the probability that the appliance will fail in more than 5 years?

Discuss the budgeting process and describe the success or

Discuss the budgeting process and describe the success or failure of the process.

The equation used to predict how long a cold will last is

The equation used to predict how long a cold will last is y=-1.8 + 0.09x1 + 3.2x2 - 1.9x3, where x1 is person's temperature on the first day, x2 is number of people seen each day, and x3 is the amount of sleep the person ...

A very skilled court stenographer makes two typographical

A very skilled court stenographer makes two typographical errors (typo) per hour, on average. 1. What probability distribution is most appropriate for calculating the probability of a given number of typos being made by ...

Consider a machine with exponential reliability model

Consider a machine with exponential reliability model. Assume that the breakdown rate is 1 and the repair rate is 2. Calculate the probability that the machine is up for more than 10 units of time. Calculate the probabil ...

What are the key principles and tenets that any educated

What are the key principles and tenets that any educated person should know regarding the science of economics and their applicability in the world today?

  • 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