7. Problems and Applications Q7 Consider a monopolistically competitive market with NN firms. Each firm's business opportunities are described by the following equations: Demand: Q=240N−PQ=240N−P Marginal Revenue: MR=240N−3QMR=240N−3Q Total Cost: TC=100+Q2TC=100+Q2 Marginal Cost: MC=3QMC=3Q As NN rises, the demand for each firm's product . How many units does each firm produce? 40N40N 40N40N 4040 1,440N1,440N What price does each firm charge? 240N240N 200N200N 200N200N 280N280N How much profit does each firm make? 100+1,600N2100+1,600N2 6,400N2−1006,400N2−100 8,000N28,000N2 9,600N2−1009,600N2−100 In the long run, firms will exist in this market.
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Business, 22.06.2019 01:30
Claire wants to include animations in her presentation slides. which element of the presentation program’s interface will have the options for animation? claire should use the to include animations in her presentation slides.
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Business, 22.06.2019 02:00
4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.
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Business, 22.06.2019 05:00
Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.
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Business, 22.06.2019 08:20
How much does a neurosurgeon can make most in canada? give me answer in candian dollar
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7. Problems and Applications Q7 Consider a monopolistically competitive market with NN firms. Each f...
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