Wednesday
April 16, 2014

Homework Help: economics

Posted by mike Gee on Monday, July 26, 2010 at 5:18pm.

1. Assume there are three markets: A: Wool; B: Synthetic Fiber; C: Business Travel. Assume we are in the years after the introduction of synthetic fibers. Using demand and supply analysis explain what happens in the SHORT RUN in all three markets and why?

2.Assume a monopolist with the following:
a. Qd = 100 10p
b. TC = 1 + 2Q
Find the following:

Price at profit max
Quantity at profit max
TR at profit max
TC at profit max
Profit

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

economics - Assume there are three markets: A: Wool; B: Synthetic Fiber; C: ...
economics - Assume there are three markets: A: Wool; B: Synthetic Fiber; C: ...
economics - Assume there are three markets: A: Wool; B: Synthetic Fiber; C: ...
physics - Fiber Optic Distances When light rays travel down optical fibers, they...
physics - Fiber Optic Distances When light rays travel down optical fibers, they...
Algebra - Divide using long division or synthetic division. (21x^3 - 7)/(3x - 1...
Algebra - Divide using long division or synthetic division. (21x^3 - 7)/(3x - 1...
Math 17 Synthetic Division - Using synthetic division, divide (x^6)(y^6) by x-y...
dress making - 1. Which one of the following is the most complete and accurate ...
economics - 1. Think of any real-world business and assume that this business ...

Search
Members