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
2 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]2 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
Employees tend to stay with one company for their entire careers
SSSSS [86.1K]

false,  hope this helps!

5 0
3 years ago
Read 2 more answers
In June 1985, Joseph Marcantuone and Robert Gieson purchased property located in East Orange, New Jersey. At the time of purchas
sattari [20]

Answer:

The answer would be All of the above.

Explanation:

All the above mentioned parties are related with discharge of the chemical and are liable to get the clean up done. Marcantuone and Gieson are liable as they are the owners, Lessees of the dry cleaning establishment are liable as they are the ones who operated on the effected land and Previous owners under whose ownership the lessees had taken the land on lease for a dry cleaning property.

All the parties are liable for the clean up as well as the damage occured post the clean up as well as per the law.

6 0
3 years ago
In order for the economy to be strong, individuals must?
liq [111]
Provide Labor And Buy Goods 
4 0
2 years ago
Nutrimax Corp., a breakfast cereal company, has designed extensive and elaborate advertising campaigns for its existing products
Effectus [21]

Answer:

a. Market penetration

Explanation:

Market penetration strategy is a product promotion approach through which a company seeks to gain a greater share in markets it already operates.  The strategy is used to increase sales volumes in existing markets.  

Market penetration applies where similar goods and services exist. A company uses the low-price technique or present its products as superior as compared to those of its rivals. The objective is to draw customers' attention to the company's products. Advertising using special features and benefits presents the products as unique and superior, thereby attracting customers' attention.

8 0
3 years ago
Which of the following is a comparative advantage?
Advocard [28]
Where are the options?
4 0
3 years ago
Other questions:
  • The price of a new computer game has demand of 3,000 units at $50 and 2,500 units at $60. Calculate the Price Elasticity of Dema
    14·1 answer
  • For america, the ________ was a great failure of foreign intelligence, a great tactical military success, and a great political
    14·1 answer
  • If three firms of similar sizes join to form a cartel, then it is most likely thatA) they will charge a common, higher market pr
    6·1 answer
  • Explain the meaning and importance of advertising
    15·2 answers
  • Big Equipment Company sold a tractor-scraper to Ace Paving for $125,000. Ace made a down payment of $25,000 and agreed to pay th
    6·1 answer
  • A line cook at a restaurant was inspired to become a chef, but he lacked the necessary training. The line cook asked the chef at
    7·1 answer
  • Limitations of managerial economics
    5·1 answer
  • On January 1, 2021, Bramble Corp., declared a 10% stock dividend on its common stock when the fair value of the common stock was
    5·1 answer
  • What’s the answer???
    9·1 answer
  • The cost of a pair of jeans was changed from $78 to $68. 64. What was the percent change?.
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!