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A monopolist faces two totally separated markets with inverse demand p=100 – qA and p=160−2qB respectively. The monopolist has no fixed costs and a marginal cost given by mc= 2 /3 q Find the profit maximizing total output and how much of it that is sold on market A and market B respectively if the monopoly uses third degree price discrimination.Calculate the price elasticity of demand in each market and explain the intuition behind the relationship between the prices and elasticities in these two separate markets.
Economics
If a federal interest rate was imposed by the Government 30% ceiling on all loans that would be earned and who will they lose?
What is an opportunity cost? How does the idea relate to the definition of economics? Which of the following decisions would entail the greatest opportunity cost? Example allocating a square block in the heart of the Toronto for surface parking lot or allocating a block at the edge of typical subrub for a lot? Explain.
explain detail transaction processing risks with example
Neha would retire 30 years from today and she would need ₹ 6,00,000 per year after her retirement, with the first retirement funds withdrawn one year from the day she retires. Assume a return of 7% per annum on her retirement funds and if her planning is for 25 years after retirement, Calculate:
a. How much lumpsum she should deposit in her account today so that she has enough funds for retirement?
b. How much she should deposit each year so that she has enough funds for retirement?
An entrepreneur starts a small firm with one machine, and a small factory space and employs one person initially. With the aid of appropriate diagrams/table and theory, explain the process of production as he increases his output. Indicate clearly what law governs this process of production, the variable and the fixed factors used by this entrepreneur.
. An entrepreneur starts a small firm with one machine, and a small factory space and employs one person initially. With the aid of appropriate diagrams/table and theory, explain the process of production as he increases his output. Indicate clearly what law governs this process of production, the variable and the fixed factors used by this entrepreneur.
What will be the indirect utility function, expenditure function and hicksian demand function for U=min {x,y}+z ?
Economics
An entrepreneur starts a small firm with one machine, and a small factory space and employs one person initially. With the aid of appropriate diagrams/table and theory, explain the process of production as he increases his output. Indicate clearly what law governs this process of production, the variable and the fixed factors used by this entrepreneur.
an entrepreneur starts a small firm with one machine, and small factory space and employs one person initially. With the aid of appropriate diagram and theory, explain the process of production of proas he increases his output.Indicate clearly what law governs this process
