"If bookstore ABC Books determines it is going to sell books at its profit-maximizing price of $16 in a market facing monopolistic competition, calculate total profit for the store. ABC Books Revenue and Cost Quantity Price Total Revenue Marginal Revenue Total Cost Marginal Cost 0 $26 $0 - $300 - 10 $23 $230 $23 $340 $4 20 $20 $400 $17 $400 $6 30 $18 $540 $14 $480 $8 40 $16 $640 $10 $580 $10 50 $14 $700 $6 $700 $12 60 $12 $720 $2 $840 $14"

Working with a word processor requires more than just a knowledge of typing. a good word processor includes a number of tools designed to aid in formatting documents to meet the needs of the reader. in this project you will use your word-processing skills and a basic knowledge of apa style to format a research paper. the skills you will need for this project include the following: adjusting line spacing (double-spacing) breaking text into pages (page break) centering text changing the font, style, and size of the text editing text inserting page numbers inserting a table using spell check

Todd and jim learned that in building a business plan, it was important for them to:

Suppose that fixed costs for a firm in the automobile industry (start-up costs of factories, capital equipment, and so on) are $5 billion and that variable costs are equal to $17,000 per finished automobile. because more firms increase competition in the market, the market price falls as more firms enter an automobile market, or specifically, , where n represents the number of firms in a market. assume that the initial size of the u.s. and the european automobile markets are 300 million and 533 million people, respectively.a. calculate the equilibrium number of firms in the u.s. and european automobile markets without trade.b. what is the equilibrium price of automobiles in the united states and europe if the automobile industry is closed to foreign trade? c. now suppose that the united states decides on free trade in automobiles with europe. the trade agreement with the europeans adds 533 million consumers to the automobile market, in addition to the 300 million in the united states. how many automobile firms will there be in the united states and europe combined? what will be the new equilibrium price of automobiles? d. why are prices in the united states different in (c) and (b)? are consumers better off with free trade? in what ways?