Profit maximizing quantity
π (Q) = TR(Q) − TC(Q) .............(1)
(Economic profit) = (sales revenue) – (economic costs)
(Accounting profit) = (sales revenue) – (accounting costs)
Deriving Marginal Revenue Curve:
Amoroso-Robinson Formula:
Since demand curve is downward sloping, ε D is always positive. So MR is lower than AR (average revenue, i.e. Price). MR < P .
Ifε D = ∞(horizontal demand, infinitely elastic demand, or Q = 0), MR = AR(= P) .
Marginal Revenue, Price Elasticity and Total Revenue:
Profit Maximization: Revisited
a) Oversimplification problemb) Any alternative ways?c) Asymmetric Information
Latest technology based Microeconomics Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Microeconomics help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Microeconomics, project ideas and tutorials. We provide email based Microeconomics help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Microeconomics. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Microeconomics Homework help and assignment help services. They use their experience, as they have solved thousands of the Microeconomics assignments, which may help you to solve your complex issues of Microeconomics. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
difference between non automatic iron box and automatic iron box. there are five differenct between both of them.
The main duty of an auditors is to report whether, in their view, the financial statements do what they are thought to do, namely to depict a true and fair view of the financial performance, position and cash flows of the company.
We shall concentrate on the IASB rules and, particularly, those consisted of in IAS 1 Presentation of Financial Statements.
tutorsglobe.com saving function assignment help-homework help by online consumption function tutors
bluetooth is a standard communications protocol mainly designed for low power consumption, along with a short range (see table below). since the devices make use of a radio (broadcast) communications system.
www.tutorsglobe.com offers substitution by metals homework help, substitution by metals assignment help, online tutoring assistance, organic chemistry solutions by online qualified tutor's help.
tutorsglobe.com functions of avc assignment help-homework help by online automatic volume control tutors
tutorsglobe.com nitrogen cycle assignment help-homework help by online nitrogen metabolism tutors
Theory and lecture notes of Investment Spending all along with the key concepts of investment spending, homework help, assignment help, building blocks of the flexible-price model. Tutorsglobe offers homework help, assignment help and tutor’s assistance on Investment Spending.
mammalia tutorial all along with the key concepts of features of the mammal, external feature of the rabbit and adaptation to ecological environment
Struggle with Dynamical System assignments? Top Dynamical System Assignment Help experts are here to fetch you A++ grades.
tutorsglobe.com surgical techniques assignment help-homework help by online contraception tutors
Compounds of the Noble Gases tutorial all along with the key concepts of Compounds of Xenon, Clathrates of Noble Gases, Structure and Bonding in Xenon Compounds, Xenon Tetrafluoride, Xenon Hexafluoride and VSEPR Theory
tutorsglobe.com dark-field microscope assignment help-homework help by online microscopy tutors
Heat Capacities of Solids tutorial all along with the key concepts of Heat Capacity of Compressible Bodies, Relation between Specific Heat, Specific heat capacity, Dimensionless heat capacity, Solid phase, Classical Approach to Heat Capacity, Mechanical Derivation of Heat Capacity
1965140
Questions Asked
3689
Tutors
1474809
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!