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
wel
3 years ago
11

Consider a monopolistically competitive market with N firms. Each firm's business opportunities are described by the following e

quations: Demand: Q=160N−P Marginal Revenue: MR=160N−4Q Total Cost: TC=150+Q2 Marginal Cost: MC=4Q How many units does each firm produce?
Business
1 answer:
Stella [2.4K]3 years ago
8 0

Answer:

Each firm will produce 20 ÷ N units

Explanation:

Given that

Q = 160N − P

MR = 160N − 4Q

TC = 150 + Q2

MC = 4Q

The computation of the number of units that each firm produce is as follows:-

MR = MC

where

MR = 160N − 4Q

And MC = 4Q

Now we equate

So, the equation is

160 ÷ N - 4Q = 4Q

160 ÷ N = 8Q

Q = 160 ÷ 8N

Q = 20 ÷ N

So, each firm will produce 20 ÷ N units.

You might be interested in
Employees expect their managers to practive management by, ___.
tatiyna

The answer is B. examples

3 0
4 years ago
Tgif. chris and terry have been trying to live within their budget but miss going out to dinner on friday nights. they decide no
Nikitich [7]

45 quarters +120 dimes  = 165 coins

45(.25) + 120(.05) =

11.25 +  + 12.00 = 23.25

There are 45 quarters and 120 dimes.

6 0
3 years ago
You bought four put options (each on 100 shares) on EZ stock with an exercise price of $35 per share and an option price of $1.3
Stella [2.4K]

Answer:

-$ 540

Explanation:

Put Option - provides right to sell share at exercise price on expiry.

As it is an Right not Obligation, Thus, buyer will exercise the right only if he is gaining at expiry and he will gain only if exercise price is higher than spot price at expiry

In this case Exercise Price ($ 35) is lower than the spot price ( $ 36.25) at expiry. Thus he will not execrise the option.

He will lose all what he spend in buying option that is $ 1.35 per share

Thus,

Net profit or loss on this investment = 4 Options * 100 Shares each * Loss of $ 1.35 per Share

Net profit or loss on this investment = 4 * 100 * (-1.35)

Net profit or loss on this investment = -$ 540

4 0
3 years ago
When you organize an analytical report indirectly, in what order should the ideas be presented?
shusha [124]
The answer is D the indirect strategy does not allow a set order of ideas
4 0
3 years ago
Oscar refuses to pay petra $500 in cash on their contract to repair oscar's washing machine, which petra still possesses at her
musickatia [10]
For the answer to the question above, I think the answer is that
<u><em>petra's lien on the machine will terminate if and only </em></u><span><u><em>if Petra would voluntarily surrender possession.</em></u></span>

I hope my answer helped you. Have a nice day!
6 0
3 years ago
Other questions:
  • Why do people have piggie banks answer please
    11·2 answers
  • How is the value of a product determined?
    7·2 answers
  • The discussion of the standards for selection of peanuts that will be used in M&amp;Ms and the placement of the M&amp;M logo on
    14·1 answer
  • Strategies developed at the departmental level, such as the accounting, human resources, production, and marketing departments,
    12·1 answer
  • Which of the following do not qualify as potential driving forces capable of inducing fundamental changes in industry and compet
    5·1 answer
  • A company pays its employees $1,800 each Friday, which amounts to $360 per day for the five-day workweek that begins on Monday.
    10·1 answer
  • Match the different account heads to the two aspects of business.
    15·1 answer
  • Where is Shengyren based
    15·1 answer
  • A company may choose to launch the same advertising campaign globally. This particular campaign may be launched with identical p
    13·1 answer
  • On January 1, 2022, the ledger of Oriole Company contained these liability accounts. Accounts Payable Sales Taxes Payable Unearn
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!