Economics Answers

Explain the characteristics of perfect competitive market

Following information shows that a firm offering a good at different prices to groups of consumers with different levels of willingness to pay. Inverse Demand for movies: P1 = 20 – 4Q1 Inverse Demand for students: P2 = 10 – Q2 MC = 4Q LKR /ticket (a) What price and quantity and maximizes profits if the firm charges each market? (b) Demonstrate that charging different prices for the two groups results in higher profits than charging the same price for everyone. (c) Graph the demand curves, the marginal revenue curves, the marginal cost curve and highlight the equilibrium.

Suppose that you expect a ceteris paribus decrease in average incomes of 10% this year compared to last year. How many aircrafts do you estimate that your company will sell this year? How will it impact total revenues?

Following information shows that a firm offering a good at different prices to groups of consumers with different levels of willingness to pay.

Inverse Demand for movies: P1 = 20 – 4Q1

Inverse Demand for students: P2 = 10 – Q2

MC = 4Q LKR /ticket

(a) What price and quantity and maximizes profits if the firm charges each market?

(b) Demonstrate that charging different prices for the two groups results in higher profits than charging the same price for everyone.

Following information shows that a firm offering a good at different prices

to groups of consumers with different levels of willingness to pay.

Inverse Demand for movies: P1 = 20 – 4Q1

Inverse Demand for students: P2 = 10 – Q2

MC = 4Q LKR /ticket

(a) What price and quantity and maximizes profits if the firm charges each

market?

(b) Demonstrate that charging different prices for the two groups results in

higher profits than charging the same price for everyone.

QS= a+bp, QD = c-hp, what is equilibrium price and quantity demanded ?

mention the three main rating agencies

1. Mention any 5 concepts used interchangeably with lending rate, strict monetary policy and accommodative monetary policy

what is the formula for measuring the price elasticityof supply? suppose the rice of apples

If current price of stock is $25 and you hold it for one year and received dividend of $2.5. You sold it at $27. How much return you received? Show dividend yield and capital gain separately.