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Ray Of Light [21]
3 years ago
15

Suppose the demand and Total Cost for a monopolist’s product is given by P = 100 – 7Q; TC = 20 + 20Q + 2Q2 a. Find the monopolis

t’s profit maximizing P and Q, and profit. b. Show that the second order condition is satisfied. Show that at equilibrium the slope of the MR curve is less than the slope of the MC curve c. Compute the elasticity of demand at the equilibrium. Briefly explain why demand is elastic? d. Compute the Revenue maximizing Q. What is the P at this Quantity? e. What is the elasticity of demand? Briefly explain why?
Business
1 answer:
Rama09 [41]3 years ago
7 0

Answer:

When you talking about this

Explanation:

Sussss but among sus hehhehehehehe loool

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One study showed that for a recent period of 11 years, there was a strong correlation (or association) between the numbers of pe
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<span>This statement does imply that there is a correlation between increasing power from nuclear power plants and drowning deaths in swimming pools. However, the logic is faulty. The reason a correlation exists is through random coincidence. It is completely feasible that the number of drowning deaths increased due to the number of pool ownership increasing. So the study may show a correlation, but is false due to inconsistent logic and missing data.</span>
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3 years ago
A new business is likely to need what bank service(s)? *
Molodets [167]

Answer:

Checking Account tell me if i'm wrong

Explanation:

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3 years ago
What the beneſts or disadvantages of corporations​
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Answer: Advantages of a corporation include personal responsibility protection, and easier access to bigger things. Disadvantages of a corporation include it being time-consuming and subject to double taxation, as well as having rigid formalities and protocols to follow...
3 0
3 years ago
Jen's Fashions is growing quickly. Dividends are expected to grow at a 19 percent rate for the next 3 years, with the growth rat
Sedaia [141]

Answer:

Ans. Current Share Price=$33.85

Explanation:

Hi, we first have to establish the dividend for the first 3 years and the  dividend when the growth rate falls off to a constant rate of 8% with the formula to find the present value of a perpetuity with constant growth rate. From there, we need to bring all the above cash flows to present value and that is the price of the share. The formula is as follows.

Price=\frac{D1}{(1+r)^{1}}+\frac{D2}{(1+r)^{2} } +\frac{D3}{(1+r)^{3} } +\frac{D3(1+g)}{(r-g)} \frac{1}{(1+r)^{3} }

To find D1, D2,and D3, we have to do this.

D1=Do(1+0.19)

D2=D1(1+0.19)

D3=D2(1+0.19)

Since 0.19 is the growth rate for 3 years. Everything should look like this

Price=\frac{4.04}{(1+0.12)^{1}}+\frac{4.29}{(1+0.12)^{2} } +\frac{25.52}{(1+0.12)^{3} } +\frac{25.52(1-0.08)}{(0.12+0.08)} \frac{1}{(1+0.12)^{3} } =33.85

notice that the sign of the last part do not coincide with the formula, that is because the growth rate from the first 3 years is -8%.

Best of luck.

7 0
3 years ago
Crystal lives in the fictional country of Cuse, which raises government revenue by taxing everyone the same amount. The governme
Inessa05 [86]

Answer: $0; $0

Explanation:

New classical economists believe that any fiscal policy that the government embarks on is ineffective on the goods demanded by people.

If the government reduces taxes, Crystal (according to the New classical) will believe that the government will raise taxes in future to make up for the shortfall so she will send the $2,500 to savings so she can be able to pay off the future taxes.

If the government increases spending, Crystal will believe that this will be financed by future tax increases so she will still save the money to pay off future taxes.

5 0
3 years ago
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