subject
Business, 19.03.2020 20:55 Travisbennington

Suppose the market demand data for the product are as follows:

Price Total Quantity
Demanded
$23.00 19000
28.00 17000
33.00 15000
39.00 13500
44.00 12000
48.00 10500
58.00 9500

Equilibrium price = $46
Equilibrium output = 10,500
7 units for each firm

What will profit be per unit? Per firm?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:50
cranium, inc., purchases term papers from an overseas supplier under a continuous review system. the average demand for a popular mode is 300 units a day with a standard deviation of 30 units a day. it costs $60 to process each order and there is a five−day lead−time. the holding cost for a paper is $0.25 per year and the company policy is to maintain a 98% service level. cranium operates 200 days per year.what is the reorder point r to satisfy a 98% cycleminus−service level? a. greater than 1,700 unitsb. greater than 1,600 units but less than or equal to 1,700 unitsc. greater than 1,500 units but less than or equal to 1,600 unitsd. less than or equal to 1,500 units
Answers: 1
question
Business, 22.06.2019 05:50
Match the steps for conducting an informational interview with the tasks in each step.
Answers: 1
question
Business, 22.06.2019 10:20
The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.
Answers: 3
question
Business, 22.06.2019 20:00
Afirm is producing at minimum average total cost with its current plant. draw the firm's long-run average cost curve. label it. draw a point on the lrac curve at which the firm cannot lower its average total cost. draw the firm's short-run average total cost curve that is consistent with the point you have drawn. label it.g
Answers: 2
You know the right answer?
Suppose the market demand data for the product are as follows:

Price Total Quantity
Questions
question
Mathematics, 28.05.2020 19:58
question
Mathematics, 28.05.2020 19:58
question
Mathematics, 28.05.2020 19:59
Questions on the website: 13722363