subject
Mathematics, 18.11.2019 20:31 BARRION1981

Big boy corp. is the largest producer of numos. it has acquired this position because it has a patented process which allows it to produce numos according to the cost function: c(qb) = 10 + (qb 2 /100) each of the other firms in the industry (there are 100 other firms) uses an older process, characterized by the cost function c(q) = q2 + 5q + 10. demand for numos is qd = 1000 – 50p. (a) assuming that big boy acts as a price leader, what will be the price of numos, the total quantity produced, and the quantity produced by each firm in the short run? (b) if, in the long run, entry can take place freely by firms using the old technology, what will be the price and total quantity of numos, and also the output of each firm?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
Lisa has three classes that each last 50 minutes. what is the total number of minutes of the three classes
Answers: 1
question
Mathematics, 21.06.2019 19:20
Which number completes the system of linear inequalities represented by the graph? y> 2x – 2 and x + 4y 2 et 2 3 4
Answers: 3
question
Mathematics, 21.06.2019 19:40
Which system of linear inequalities is represented by the graph?
Answers: 1
question
Mathematics, 21.06.2019 20:30
25) 56(1) = 5b a. identity property of addition b. identity property of multiplication c. commutative property of multiplication d. commutative property of addition
Answers: 1
You know the right answer?
Big boy corp. is the largest producer of numos. it has acquired this position because it has a paten...
Questions
question
English, 30.11.2020 18:00
question
Mathematics, 30.11.2020 18:00
Questions on the website: 13722362