Search & Filtering
Graphically show the impact of tariffs on supply and demand
If demand function is given as the following:
Qz = 230 -2.75 Pz + 0.5 I + 1.2 Pm + 0.6A
Where Qz is quantity of Good z sold, Pz is price of Good z per unit, I is per capita income, Pm is price of competitor and A is the amount of advertising spent.
Current values: Pz= RM 55 I= RM 9000 Pm= RM 50 A =RM 12,000
a) Should the firm consider giving a price discount in order to increase total revenue?
If demand function is given as the following:
Qz = 230 -2.75 Pz + 0.5 I + 1.2 Pm + 0.6A
Where Qz is quantity of Good z sold, Pz is price of Good z per unit, I is per capita income, Pm is price of competitor and A is the amount of advertising spent.
Current values: Pz= RM 55 I= RM 9000 Pm= RM 50 A =RM 12,000
Determine the total revenue maximizing price and quantity.
Apply this arguments (that economies of scale can cause trade) to Namibia.
Equilibrium point determine, equilibrium
If demand function is given as the following:
Qz = 230 -2.75 Pz + 0.5 I + 1.2 Pm + 0.6A
Where Qz is quantity of Good z sold, Pz is price of Good z per unit, I is per capita income, Pm is price of competitor and A is the amount of advertising spent.
Current values: Pz= RM 55 I= RM 9000 Pm= RM 50 A =RM 12,000
a) Should the firm consider giving a price discount in order to increase total revenue?
If demand function is given as the following:
Qz = 230 -2.75 Pz + 0.5 I + 1.2 Pm + 0.6A
Where Qz is quantity of Good z sold, Pz is price of Good z per unit, I is per capita income, Pm is price of competitor and A is the amount of advertising spent.
Current values: Pz= RM 55 I= RM 9000 Pm= RM 50 A =RM 12,000
Please Determine the total revenue maximizing price and quantity
If demand function is given as the following:
Qz = 230 -2.75 Pz + 0.5 I + 1.2 Pm + 0.6A
Where Qz is quantity of Good z sold, Pz is price of Good z per unit, I is per capita income, Pm is price of competitor and A is the amount of advertising spent.
Current values: Pz= RM 55 I= RM 9000 Pm= RM 50 A =RM 12,000
a) Calculate price elasticity of demand for Good z.
return to scale law is applicable to what
Determine the benefit cost ratio for mango farm at rotation age of 7years given the following
1. At the rotation age, the expected yield is 221 cubic meter per hectare
2. Stumpage price is $100/m³
3. Total land area is 250 hectares
4. Plantation establishment cost which is assumed to be incurred at yield 2021 is $3,500 per hectare
5. Weeding cost at year 1 is $200 per hectare
6. Fertilizing cost incurred at year 2 is $200 per hectare per year
7. Interest rate is assumed to be 18%
#331389 on Nov 2022