subject
Business, 30.05.2020 15:58 samreitz1147

G Consider monopoly firm that produces diamonds. This firm sells in two distinct markets, one is completely sealed off from the other. The inverse demand curve for the firm's product in the first market (market 1) is p_1 = 16 - 0.5q_1. The inverse demand curve in the second market (market 2) is p_2 = 26-0.5q_2. The firm's cost function is C(q) = 10q, where q is the firm's entire output (destined for either market: q = q_1+q_2). The firm's objective is to maximize profits. The government imposes a unit tax t=1 on quantity sold in each market and the firm can charge different uniform prices in different markets. What price should the firm charge in each market to maximize profit?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:30
According to the research in strategic human resources management,answers: firms that are able to use human resource practices to develop socially complex human and organizational resources are able to gain competitive advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially simplistic human and organizational resources are able to gain competitive advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially complex human and organizational resources gain little advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially complex human and organizational resources are at a competitive disadvantage when compared to firms that do not engage in these practices.
Answers: 3
question
Business, 22.06.2019 13:10
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
question
Business, 22.06.2019 19:00
Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.
Answers: 3
question
Business, 22.06.2019 21:30
Suppose that alexi and tony can sell all their street tacos for $2 each and all their cuban sandwiches for $7.25 each. if each of them worked 20 hours per week, how should they split their time between the production of street tacos and cuban sandwiches? what is their maximum joint revenue?
Answers: 3
You know the right answer?
G Consider monopoly firm that produces diamonds. This firm sells in two distinct markets, one is com...
Questions
question
English, 08.04.2020 03:30
question
English, 08.04.2020 03:30
question
Biology, 08.04.2020 03:30
Questions on the website: 13722362