Homework Answers
I will appreciate if give positive rating
| Q | P | TFC | TVC | TC | TR | PROFIT |
| 0 | 28 | 30 | 0 | 30 | 0 | -30 |
| 1 | 28 | 30 | 10 | 40 | 28 | -12 |
| 2 | 28 | 30 | 18 | 48 | 56 | 8 |
| 3 | 28 | 30 | 24 | 54 | 84 | 30 |
| 4 | 28 | 30 | 28 | 58 | 112 | 54 |
| 5 | 28 | 30 | 34 | 64 | 140 | 76 |
| 6 | 28 | 30 | 42 | 72 | 168 | 96 |
| 7 | 28 | 30 | 52 | 82 | 196 | 114 |
| 8 | 28 | 30 | 64 | 94 | 224 | 130 |
| 9 | 28 | 30 | 82 | 112 | 252 | 140 |
| 10 | 28 | 30 | 102 | 132 | 280 | 148 |
| 11 | 28 | 30 | 124 | 154 | 308 | 154 |
| 12 | 28 | 30 | 148 | 178 | 336 | 158 |
| 13 | 28 | 30 | 174 | 204 | 364 | 160 |
| 14 | 28 | 30 | 202 | 232 | 392 | 160 |
| 15 | 28 | 30 | 232 | 262 | 420 | 158 |
| 16 | 28 | 30 | 264 | 294 | 448 | 154 |
AT 13 unit and 14 unit , firm will have maximum profits
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Go to the table below. At what quantity does the firm maximize profits? Q P TEC...
Refer to the table below. If the market price is $20, this firm will have Quantity...
Refer to the table below. If the market price is $20, this firm will have Quantity Total Cost $10 29 48 64 82 102 124 148 4 6 7 1. zero economic profits. 2. profits of $10 3. losses of $10. 4. losses of $2.
2.1) If the market price is $20, then this firm will maximize profits by producing ________ units of output. (1M) 2.2) If the market price is $84, then this firm will maximize profits by producing ________ unit(s) of output and its profits will be ______
Refer to the table below to answer the questions. qTFCTVCTCMCAVCATC0$100 $0$100 ---- -- 1100401404040 140 21006016020 30 80 31009019030 30 63.334100124 224 343156 5100180 280 56 36 56 6100 264 364 84 44 60.677100 372 472 108 53.14 67.43 2.1) If the market price is $20, then this firm will maximize profits by producing ________ units of output. (1M)2.2) If the market price is $84, then this firm will maximize profits by producing ________ unit(s) of output and its profits will be ________. (1M)2.3) If the market price is $84, then in the long run...
Answer the following questions based on the firm's cost table above (or see attached): (1) What...
Answer the following questions based on the firm's cost table above (or see attached): (1) What kind of market structure does that firm belong to? (2) Which unit production can maximize the profit for the firm? Why? Calculate the maximum profit (what is the maximum profit for this firm?) Total Quantity Cost Fixed Cost Variable Cost Marginal Cost Total Revenue Marginal Revenue STD 10 54.00 $50 $110 $126 64,000 $62 S62 S62 $62 62 $40. $20 $120 $160 $200 54.00...
Given the following information for a monopoly firm: Demand: P = 64-4(Q) Marginal revenue: MR =...
Given the following information for a monopoly firm: Demand: P = 64-4(Q) Marginal revenue: MR = 64 - 8(Q) Marginal cost: MC = 2(0)+10 Average total cost at equilibrium is 30 1. At what output (Q) will this firm maximize profit? 2. At what price (P) will this firm maximize profit 3. What is the total revenue (TR) earned at this output level 4. What is the total cost (TC) accrued at this output 5. What profit is earned Assume...
Refer to the graph below. What price should the firm charge in order to maximize profits?...
Refer to the graph below. What price should the firm charge in order to maximize profits? P 1 $70 I -1.J.-L III $60 $50 $40 $30 ור-זי N-T 1 I MC.. 1 $20 0 HT 1---T $10 --רוז--ו--י-ז-יח 1 1 1 1 1 + MR ----De 50 100 150 200 250 300 350 400 450 500 550 1 1
The OUTPUT is already answered BUT STILL NEED PROFITS FOR EACH FIRM. please don’t forget to answer profits for part 1!!! Two firms compete as a duopoly. The demand they face is P 100-3Q. The co...
The OUTPUT is already answered BUT STILL NEED PROFITS FOR EACH
FIRM. please don’t forget to answer profits for part 1!!!
Two firms compete as a duopoly. The demand they face is P 100-3Q. The cost function for each firm is C(Q) = 4Q. Determine output, and profits for each firm in a Cournot oligopoly 2 If firms collude, determine output and profit for each firm. 3. If firm 1 cheats on the collusion in item 2, determine output and...
The graph below shows a monopolist's demand (D), marginal revenue (MR), marginal cost (MC), and average total cost (ATC) curves. Management wants to adjust the production output quantity to maximize the firm's profits. What quantity should the firm aim fo
The graph below shows a monopolist's demand (D), marginal revenue (MR), marginal cost (MC), and average total cost (ATC) curves. Management wants to adjust the production output quantity to maximize the firm's profits. What quantity should the firm aim for?Give your answer by dragging the Q line to a new position to mark the quantity at which profit is as large as possible. To refer to the graphing tutorial for this question type, please click here.
What is the median for BthWeight rounded to 2 decimal places? Ethnic Smoking BreastFeed Age PreWeight...
What is the median for BthWeight rounded to 2 decimal places? Ethnic Smoking BreastFeed Age PreWeight DelWeight BthWeight BthLength TimeNut White NonSmoker No 29 115 140 3310 45 99 Black NonSmoker No 33 112 126 2650 48 64 Black NonSmoker No 19 125 145 2900 49 60 White LightSmoker Yes 26 108 146 3500 51.5 102 White NonSmoker Yes 35 112 133 2600 51 77 Black NonSmoker No 20 115 137 3770 52 110 Black NonSmoker Yes 22 99 135...
What is the standard deviation for BthWeight rounded to 2 decimal places? Ethnic Smoking BreastFeed Age...
What is the standard deviation for BthWeight rounded to 2 decimal places? Ethnic Smoking BreastFeed Age PreWeight DelWeight BthWeight BthLength TimeNut White NonSmoker No 29 115 140 3310 45 99 Black NonSmoker No 33 112 126 2650 48 64 Black NonSmoker No 19 125 145 2900 49 60 White LightSmoker Yes 26 108 146 3500 51.5 102 White NonSmoker Yes 35 112 133 2600 51 77 Black NonSmoker No 20 115 137 3770 52 110 Black NonSmoker Yes 22 99...
Chap 11 Practice: Costs, Profits and Profit Maximization Price Number of wortes given Total dudon Q...
Chap 11 Practice: Costs, Profits and Profit Maximization Price Number of wortes given Total dudon Q Total Revenue PQ War Revenue IMQ Tal Fed Costs TEC Tetable Cost TVC Total Costs TVC Au Varble Cont TV Are Maria Cost Coast 1000 1000 given C TC-TR 0 $80 1801 2 803 330 320 320 6 $ 0 $300 0 5300 N 2 3160 $80 3199 $150 $450 $ 3 525 $ $2.10 5 Shop 12033005300 6602 $60.120.50 $200 9 7200...300 $450...
Refer to the table below. If the market price is $20, this firm will have Quantity Total Cost $10 29 48 64 82 102 124 148 4 6 7 1. zero economic profits. 2. profits of $10 3. losses of $10. 4. losses of $2.
Answer the following questions based on the firm's cost table above (or see attached): (1) What kind of market structure does that firm belong to? (2) Which unit production can maximize the profit for the firm? Why? Calculate the maximum profit (what is the maximum profit for this firm?) Total Quantity Cost Fixed Cost Variable Cost Marginal Cost Total Revenue Marginal Revenue STD 10 54.00 $50 $110 $126 64,000 $62 S62 S62 $62 62 $40. $20 $120 $160 $200 54.00...
Given the following information for a monopoly firm: Demand: P = 64-4(Q) Marginal revenue: MR = 64 - 8(Q) Marginal cost: MC = 2(0)+10 Average total cost at equilibrium is 30 1. At what output (Q) will this firm maximize profit? 2. At what price (P) will this firm maximize profit 3. What is the total revenue (TR) earned at this output level 4. What is the total cost (TC) accrued at this output 5. What profit is earned Assume...
Refer to the graph below. What price should the firm charge in order to maximize profits? P 1 $70 I -1.J.-L III $60 $50 $40 $30 ור-זי N-T 1 I MC.. 1 $20 0 HT 1---T $10 --רוז--ו--י-ז-יח 1 1 1 1 1 + MR ----De 50 100 150 200 250 300 350 400 450 500 550 1 1
The OUTPUT is already answered BUT STILL NEED PROFITS FOR EACH
FIRM. please don’t forget to answer profits for part 1!!!
Two firms compete as a duopoly. The demand they face is P 100-3Q. The cost function for each firm is C(Q) = 4Q. Determine output, and profits for each firm in a Cournot oligopoly 2 If firms collude, determine output and profit for each firm. 3. If firm 1 cheats on the collusion in item 2, determine output and...
Chap 11 Practice: Costs, Profits and Profit Maximization Price Number of wortes given Total dudon Q Total Revenue PQ War Revenue IMQ Tal Fed Costs TEC Tetable Cost TVC Total Costs TVC Au Varble Cont TV Are Maria Cost Coast 1000 1000 given C TC-TR 0 $80 1801 2 803 330 320 320 6 $ 0 $300 0 5300 N 2 3160 $80 3199 $150 $450 $ 3 525 $ $2.10 5 Shop 12033005300 6602 $60.120.50 $200 9 7200...300 $450...
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