Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

Don't answer by pen paper d don't use AI bot If TC = 40 + 6Q and EP = -3 what is the optimal price

Don't answer by pen paper d don't use AI bot

If TC = 40 + 6Q and EP = -3 what is the optimal price to be charged?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Econometrics A Modern Approach

Authors: Jeffrey M. Wooldridge

4th edition

978-0324581621, 324581629, 324660545, 978-0324660548

More Books

Students also viewed these Economics questions

Question

★★★★★

1. How has Amazon used technology to revamp the bookselling industry? 2. Is Amazon using disruptive or sustaining technology to run its business? 3. How is Amazon using intranets and extranets to run...

Answered: 1 week ago

Question

★★★★★

Find the average value of the function f(x) = sin2x cos3x on the interval [- , ]

Answered: 1 week ago

Question

★★★★★

The probability that the price of a certain stock increases during a day is 50% higher than the probability that the price of the stock decreases, while it is also three times as much as the...

Answered: 1 week ago

Question

★★★★★

An organization plans to make a product in batches of 25,000 units. Planned production is 1,000,000 units, and actual production is 1,125,000 units. What are the planned (master budget) number of...

Answered: 1 week ago

Question

★★★★★

C PROGRAM NEED same output 1 - WAP to check whether a given number is prime or not using function. Pre-requisites: Loops Arithmatic operators Conditional constructs Functions Objective: > To...

Answered: 1 week ago

Question

★★★★★

With the following data, Fixed expenses Selling price Contribution margin ratio $40,000 $50 per unit 30% a. What is the unit contribution margin? b. How many units must be sold to break-even

Answered: 1 week ago

Question

★★★★★

identify ARB (4x4 company) international strategy What are the positive and negatives of their internationalization strategy what would you do diffrently?

Answered: 1 week ago

Question

★★★★★

Quarter Demand (units) 1 2,300 2 2,400 3 2,600 4 2,100 Beginning Inventory 200 units Inventory holding cost $10 per unit at end of quarter Hiring workers $4 per unit Firing workers $8 per unit unit...

Answered: 1 week ago

Question

★★★★★

The rational number 22/7 has been used as an approximation to the number since the time of Archimedes. First, show that: L x(1-x)4 1+x dx = 22 7 - . We will now use properties of this integral to see...

Answered: 1 week ago

Question

★★★★★

How to formulate a mathematical solution on , Workers cost,job duration and number of workers and job regulation

Answered: 1 week ago

Question

★★★★★

48. (4 points) Assume the following spot and forward rates for the euro ($/euro). Spot rate 30-day forward rate 90-day forward rate 120-day forward rate $1.6277 1.6330 1.6353 1.6387 A) What is the...

Answered: 1 week ago

Question

★★★★★

Digicel is considering an investment of $460,000 in a non-current asset expected to generate substantial cash inflows over the next five years. Unfortunately, the annual cash flows from this...

Answered: 1 week ago

Question

★★★★★

2. Information that comes most readily to mind (availability).

Answered: 1 week ago

Question

★★★★★

3. An initial value (anchoring).

Answered: 1 week ago

Question

★★★★★

4. Similarity (representativeness).

Answered: 1 week ago

Previous Question Next Question