IfD(p) = 100/p and c(y) = y 2 , what is the optimal level of output of
Question:
IfD(p) = 100/p and c(y) = y2, what is the optimal level of output of the monopolist? (Be careful.)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
The demand curve has a consta...View the full answer
Answered By
Muhammad Haroon
More than 3 years experience in teaching undergraduate and graduate level courses which includes Object Oriented Programming, Data Structures, Algorithms, Database Systems, Theory of Automata, Theory of Computation, Database Administration, Web Technologies etc.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
ABC is an unleveraged firm, and it has constant EBIT of $2 million a year. The tax rate is 40% and its market value is $12 million. Debt is being considered to buy back stock. The present value of...
-
ABC is an unleveraged firm, and it has constant EBIT of $2 million a year. The tax rate is 40% and its market value is $12 million. Debt is being considered to buy back stock. The present value of...
-
The marginal damage averted from pollution cleanup is MD = 200 5Q. The marginal cost associated with pollution cleanup is MC = 10 + Q. a. What is the optimal level of pollution reduction? b. Show...
-
Class Median Midpoint, x Income, I 19.5 $12,965 An individual's income varies with age. The table shows the median income I of individuals of different age groups within the United States for a...
-
This case demonstrates how a health care company utilized talent to better manage the development of employees. (For the case, go to www.cengage.com/management/mathis or visit the instructor...
-
Graph the ellipse. Label the foci and the endpoints of each axis. +
-
Genevieve and William Timmons began their tenancy of a ground-floor apartment at Cobblestone Square in September 2011. Kingsley-Johnston, Inc., is a property management company responsible for...
-
A list of accounts for Maple Inc. at December 31, 2010, follows: Required 1. Determine cost of goods sold for 2010. 2. Determine net income for 2010. 3. Prepare a balance sheet dated December...
-
How can a principal Creates a positive, collaborative, and collegial campus culture that sets high expectations and facilitates the implementation and achievement of campus initiatives and goals ?
-
Based on the data for the years 1962 to 1977 for the United States, Dale Bails and Larry Peppers" obtained the following demand function for automobiles: , = 5807 + 3.24X, 2= 0.22 se = (1.634) where...
-
Suppose that all consumers view red pencils and blue pencils as perfect substitutes. Suppose that the supply curve for red pencils is upward sloping. Let the price of red pencils and blue pencils be...
-
A monopolist is operating at an output level where|| = 3. The government imposes a quantity tax of $6 per unit of output. If the demand curve facing the monopolist is linear, how much does the price...
-
After watching the video on snack foods in China, discuss the following: 1. What strategy are American companies employing in China? 2. How does Frito Lays approach impact their business? 3. Based...
-
Doll Sport Game Sales $126,000 $202,000 $117,000 Cost of Goods Sold $100,000 $120,000 $75,000 Sales Commissions $6,300 $10,100 $5,850 Contribution Margin $19,700 $71,900 $36,150 General Fixed Op....
-
Tesla can raise fixed term finance at 3 per cent per year and floating rate finance indexed against the London Interbank Offered Rate (LIBOR), at LIBOR + 0.25 per cent. If it raises finance, Tesla...
-
Harbajan Singh is 35 years old and had a student loan of $10,000 two years ago. He has paid off his debt and now he plans to invest $80 monthly in the new year. What should be his first step for an...
-
What should firms with substantial proportion of specialized assets be cautious about? Explain.
-
Tom owns a ski chateau that he lived in for 4 weeks and rented to unrelated parties for 12 weeks during the current year. Tom's income and expenses related to the cabin were as follows: Rental...
-
Suppose that the Cobb-Douglas production function is q = L0.75K0.25. a. What is the average product of labor, holding capital fixed? b. What is the marginal product of labor? c. What are the APL and...
-
You are a U.S. investor who purchased British securities for 2,000 one year ago when the British pound cost U.S. $1.50. What is your total return (based on U.S. dollars) if the value of the...
-
Suppose the utility possibility frontier for two individuals is given by UA + 2UB = 200. On the graph below, plot the utility frontier. (a) In order to maximize a Nietzschean social welfare function,...
-
A parent has two children named A and B and she loves both of them equally. She has a total of $1,000 to give to them. (a) The parents utility function is U(a, b) = a + b, where a is the amount of...
-
In the previous problem, suppose that A is a much more efficient shopper than B so that A is able to get twice as much consumption goods as B can for every dollar that he spends. Let a be the amount...
-
Consider the control system in Figure where v(t) is a sinusoidal disturbance, v(t)=sin(t). Compute the absolute value of the sensitivity function at w = 1 rad/s as a function of K. How must K be...
-
ABC Corporation, a growing tech company, decides to raise capital by issuing convertible debt securities. Convertible debt allows bondholders the option to convert their debt into a predetermined...
-
Design Analog and Digital IIR Bandstop filter considering pass band edge1 20kHz, stop band edges 22 kHz & 38kHz, pass band edge2 40kHz, sampling frequency 100kHz. Additionally, draw corresponding...
Study smarter with the SolutionInn App