Business, 28.11.2019 21:31 ameliaduxha7
Suppose that the supply of the competitive fringe is perfectly elastic atp. there is a dominant firmwith marginal cost per unit ofcwith a capacity constraint ofm, wherep> c. let the demand curvebep= 100−q.(a)suppose that the constraint is not binding. for what values ofcwill the dominant firm be anunconstrained monopolist? (b)suppose that the dominant firm’s unit costs are greater than the maximum value found in (a),but still less thanp, and capacity is not constrained. what is the profit-maximizing price of thedominant firm? (c)suppose thatp= 60 andc= 0. if the dominant firm is not capacity constrained, what is itsoptimal price? (d)suppose thatm= 30,p= 60, andc= 0. will the firm be a price maker? will it earn monopolyprofits? how much is a unit of its capacity worth? (e)does the absolute cost advantage create a barrier to entry in (c)? in (d)?
Answers: 1
Business, 21.06.2019 21:00
Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?
Answers: 2
Business, 21.06.2019 23:30
Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?
Answers: 3
Business, 22.06.2019 22:20
David consumes two things: gasoline (q 1) and bread (q 2). david's utility function is u(q 1, q 2)equals70q 1 superscript 0.5 baseline q 2 superscript 0.5. let the price of gasoline be p 1, the price of bread be p 2, and income be y. derive david's demand curve for gasoline. david's demand for gasoline is q 1equals nothing. (properly format your expression using the tools in the palette. hover over tools to see keyboard shortcuts. e.g., a subscript can be created with the _ character.)
Answers: 1
Business, 23.06.2019 00:40
In 2017, "a public university was awarded a federal reimbursement grant" of $18 million to carry out research. of this, $12 million was intended to cover direct costs and $6 million to cover overhead. in a particular year, the university incurred $4 million in allowable direct costs and received $3.4 million from the federal government. it expected to incur the remaining costs and collect the remaining balance in 2018. for 2017 it should recognize revenues from the grant of
Answers: 3
Suppose that the supply of the competitive fringe is perfectly elastic atp. there is a dominant firm...
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