# micro economics

posted by .

Marginal cost is a constant \$10 per tire.quantities are measured in thousands per month ans price refers to the wholesale price. marginal cost is a constant \$10 per tire. american currently sells brand name tires at a wholesale price of \$28.50 and private label tires for a price pf \$17 are these prices optimal for the firm?

## Similar Questions

1. ### Economics

Suppose that Neptune Music has the copyright to the latest CD of the heavy Iron Band. The market demand schedule for the CD is: Q = 800 – 100P. Symbolically, Q represents quantity demanded measured in thousands of CDs and P represents …
2. ### Economics

Sorry, it's long. I've tried everything to solve this, I have no clue how they got any of the MR figures, I calculated MR and I got 0.5. Help please. * A drug company currently sells 3 million AIDS treatments in rich countries at P …
3. ### micro economics

pb = 70 -0.0005qb(brand name) pp = 20-0.0002qp (private label). Marginal cost is a constant \$10 per tire.quantities are measured in thousands per month and price refers to the wholesale price. marginal cost is a constant \$10 per tire. …
4. ### Math

Would someone please double check my answers. The retail cost of a computer is 32% more than its wholesale cost?
5. ### college

American Tire and Rubber Company sells identical radial tires under the firm's own brand name and private label tires to discount stores. The radial tires sold in both sub-markets are identical, and the marginal cost is constant at …
6. ### Health care Economics

4. The following is a cost function for clinic visits in a small inner city clinic. Quantity of Visits Total Costs per Week Marginal cost 0 \$10 0 1 15 5 2 25 10 3 45 20 4 75 30 5 115 40 6 165 50 a. Determine the marginal cost for each …