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What is the benefit of being able to price discriminate to the firm? Is "the firm can charge each customer the maximum price that the customer is willing to pay for each unit bought" correct?
Jockey Co. has a cost of equity capital estimated to be 15%. They have a current dividend of $3 per share and analysts expect the dividend to grow at a rate of 25% a year for the next 3 years, and t
a) Determine steady-state per capita capital, k, and per capita income, y and show graphically. b) Identify per capita interest payments on the external debt in the steady-state.
Problem: In the country of Leducistan, nominal GDP fell but real GDP rose. Explain how this is possible.
A company wants to prepare a demand curve for its product that it is selling. How would it get the information to prepare the schedule? How could a company prepare a demand curve for a new product t
If you were to run a company that made a realy cool gadget (e.g. MP3 player, all-in-one phone, pen-sized camera, etc.) and you decided it was time to enter the international market, which strategy w
Question: Graph the demand, total-revenue, and marginal revenue curves for this firm. Question: Why do the demand and marginal-revenue curves coincide?
Question 1: Calculate Foust's after-tax cost of new debt and common equity. Calculate the cost of eq-uity as lcs = DI/Po + g. Question 2: Find Foust's weighted average cost of capital.
Problem: How do the concepts of production possibilities and efficiency apply to electronics retail sales and your personal life?
Suppose the firm can produce 5000 units of out put by combining its fixed capital with 100 units of labor and 450 units of raw materials. What are the total cost and average total cost of producing
a) What is the short run production function? b) What is the total cost function for your plant to produce q engines (in terms of q only)?
The cost curves show the marginal cost (MC) and average total cost (ATC) of the single producer. The graph also shows the marginal revenue curve faced by this firm. How many computers will the
An industry with one very large firm and 100 very small firms experiences an increase in the demand for its product. Use the dominant firm model to explain the effects on the price, output and econo
a) What is the optimal combination of labor and capital to use in order to maximize output for a total cost of $2,200? b) How much output will be produced?
a) Why are short-run marginal cost curves expected to slope upward? b) If you know that average costs are increasing, is the marginal cost curve above or below the average cost curve?
Suppose that the firm's Production Data is given in the following schedule (where Q is the level of output). If P=$50 and w=$14,500, how many workers should the firm hire to maximize profits?
Use an isoquant/isocost diagram and words to show how firms will respond to a decrease in the wage rate. Be sure to identify the short run scale effect and the long run substitution effect.
Suppose XYZ can sell up to 40 units of output per hour at a price of $.60 per unit but cannot even get a penny for units produced in excess of 40 units per hour. How much output should XYZ produce e
Problem 1: Which of the following sets of economic data is minimizing the cost of producing a given level of output?
Question 1. Using the net present value method, determine whether or not each investment earned at least 12%. Question 2. Did the investments as a whole earn at least 12%? Explain.
Managerial economics and strategic analysis: This week's paper is required to be approximately 4 -6 pages in length, not including the title page and the reference page. No paper should be fewer
Calculate the incremental profit that south park would earn by customizing its instruments and marketing them directly to end users.
1. As a monopoly, calculate PFC's optimal price/output combination. 2. Calculate monopoly profits and the optimal profit margin at this profit-maximizing activity level.
Question 1: Construct a table showing the marginal cost of paper cup productions. Question 2: What is the minimum price necessary for the company to supply one thousand cups?
A. At what output (Q) Level is profit maximized? B. At what out put (Q) level is revenue maximized? C. Discuss any differences in your answers to Parts A and B.