subject
Business, 30.05.2020 15:58 samreitz1147

G Consider monopoly firm that produces diamonds. This firm sells in two distinct markets, one is completely sealed off from the other. The inverse demand curve for the firm's product in the first market (market 1) is p_1 = 16 - 0.5q_1. The inverse demand curve in the second market (market 2) is p_2 = 26-0.5q_2. The firm's cost function is C(q) = 10q, where q is the firm's entire output (destined for either market: q = q_1+q_2). The firm's objective is to maximize profits. The government imposes a unit tax t=1 on quantity sold in each market and the firm can charge different uniform prices in different markets. What price should the firm charge in each market to maximize profit?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
Label each scenario with the term that best describes it. use the midpoint method when applicable. marcel duchamp was a famous artist prior to his death, and was known for his dada artwork, including works such as "soft toilet". all of his original sculptures and paintings go on sale. paul owns a tim horton's, a famous donut and coffee franchise. he is willing to sell as many maple glazed donuts as customers want at a price of $1.00 each, but he refuses to sell any donuts for any price lower than $1.00 . the price of facial tissues rises from $2.85 per box to $3.15 . as a result, p& g increases production from 15 million boxes to 25 million boxes of facial tissue. with the school semester starting for both high school and college, papermate chooses to increase production of pens from 38 million to 42 million after global prices of writing instruments increase from $1.90 a package to $2.10 a package. bright ideas increases its production of lightbulbs by 15% after a 400% increase in the price of fluorescent bulbs.labels: elastic supply; perfectly inelastic supply; perfectly elastic supply; inelastic supply; unit-elastic supply.
Answers: 2
question
Business, 22.06.2019 08:30
Which actions can you improve your credit score? (multiple can be selected)having a good credit score should be your prime objective as credit companies analyze your creditworthiness before giving you a loan. there are certain guidelines you can follow to ensure you have a good credit score. always pay your mortgage interest on time. if you are a student, make student loan inquiries before taking any loan. if you have multiple credit cards, manage them judiciously. maintain a healthy balance in your bank account.1. always pay your mortgage interest on time.2. if you are a student, make student loan inquiries before taking any loan.3. if you have multiple credit cards, manage them judiciously.4. maintain a healthy balance in your bank account.
Answers: 1
question
Business, 22.06.2019 12:30
Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d
Answers: 3
question
Business, 22.06.2019 15:10
Paying attention to the purpose of her speech, which questions can she eliminate? a. 1 and 2 b. 3 c. 2 and 4 d. 1-4
Answers: 2
You know the right answer?
G Consider monopoly firm that produces diamonds. This firm sells in two distinct markets, one is com...
Questions
question
Mathematics, 20.10.2020 04:01
question
Mathematics, 20.10.2020 04:01
question
Mathematics, 20.10.2020 04:01
question
Social Studies, 20.10.2020 04:01
question
History, 20.10.2020 04:01
Questions on the website: 13722367