1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
swat32
3 years ago
12

You are the manager of a monopolistically competitive firm, and your demand and cost functions are given by Q = 36 – 4P and C(Q)

= 4 + 4Q + Q2.
(a) Find the inverse demand function for your firm’s product. P = - Q
(b) Determine the profit-maximizing price and level of production.

Business
1 answer:
inysia [295]3 years ago
8 0

Answer

The answer and procedures of the exercise are attached in the following images.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

You might be interested in
On its December 31, 2017, balance sheet, Calgary Industries reports equipment of $390,000 and accumulated depreciation of $78,00
ycow [4]

Answer:

For equipment = $430,000

For accumulated depreciation = $104,000

Explanation:

The solution of balances for equipment and accumulated depreciation is shown below:-

balances for equipment and accumulated depreciation

Particulars              Equipment            Accumulated depreciation

Beginning balance $390,000            $78,000

Add:

Addition                   $84,000               $32,000

Less:

Disposition             ($44,000)              ($6,000)

Balance                  $430,000              $104,000

7 0
3 years ago
Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
kherson [118]

Answer:

Loss

Explanation:

Because she started with 860.00 then ended with 300

4 0
3 years ago
A party to a lawsuit that has an actual stake in the outcome of the case has:
MrMuchimi
I believe the answer is Legal standing.
People who had a legal standing are the one that will recieve either harm or benefit after a decision is made.
The amount of involvement that certain parties had in the case will determine how much involvement the party is allowed to influence the case.
3 0
3 years ago
Read 2 more answers
The purpose of reporting Current Maturities of Long-Term debt is to: a. report any portion of a long-term borrowing that is to b
Ket [755]

Answer:

Correct option is (d)

Explanation:

Current liabilities are part of obligations of the organization that it needs to meet within one year. Current maturities of long term debt represents that part of long term debt such a bonds or loans that need to be paid of in the current financial year.

It is shown as a separate item in the balance sheet as it is paid off using highly liquid asset such as cash.

5 0
3 years ago
...........................................
Novay_Z [31]
Dotdotdotdotdotdotdotdotdotdotdotdot
3 0
3 years ago
Other questions:
  • New Town Instruments is analyzing a proposed project. The company expects to sell 1,600 units, ±3 percent. The expected variable
    15·1 answer
  • Suppose a firm manager has a base salary of $85,000 and earns 0.5 percent of all sales. Determine the manager's income if revenu
    15·1 answer
  • A 20-year loan of 2,500 is repaid with payments at the end of each year. Each of the first ten payments equals 175% of the amoun
    14·1 answer
  • Mr. Leghorn lives next door to Mr. Fudd. During hunting season, Mr. Fudd likes to shoot rabbits in his backyard, which activity
    7·1 answer
  • Blossom Company began the year with retained earnings of $390000. During the year, the company recorded revenues of $489000, exp
    14·1 answer
  • What is the minimum value of the box-and-whisker plot?
    14·1 answer
  • A present value of $2600 is invested in an account with an annual interest rate of 4.1% . Determine the minimum amount of time r
    14·1 answer
  • Chris purchased a new piece of equipment to be used in its new facility. The $410,000 piece of equipment was purchased with a $6
    10·1 answer
  • Calculate the federal government's share of total output in 1993, 2003, and 2013.
    15·1 answer
  • which type of grant is often used by the national government to indirectly promote business development?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!