Thursday
October 23, 2014

Homework Help: managerial economics

Posted by Drew on Wednesday, February 29, 2012 at 11:08pm.

Qd=15.0-0.2P where Qd is annual quantity demanded in millions of units and P is the wholesale price. Incurred cost of $60 million. Production cost is $5/unit. (1) what is wholesale price, (2) production annually, (3) annual profit?

Given this is a monopoly with an expiring patent in 30 days, what price and quantity will result once the competition emerges in this market?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Economics - Demand function for Zatab: Qd = 15.0 - 0.2P Q = annual quantity ...
Managerial Economics - Mirk Labs is a British pharmaceutical company that ...
Managerial Economics - Suppose that Neptune Music has the copyright to the ...
Managerial Econ - Mirk Labs is a British pharmaceutical company that currently ...
Economics - Mirk Labs is a British pharmaceutical company that currently enjoys ...
Calculus - The weekly demand for the Pulsar 25-in. color console television is ...
economics - Mirks labs is a British pharmaceutical company that currently ...
math - Suppose the cost function associated with a product is C(x) = cx + F ...
Math - The weekly demand for the Pulsar 25-in. color console television is given...
home economics - Imagine that the efficient provision of telephone calls in a ...

Search
Members