Assume a firm faces two customers in the market. Customer 1 has an inverse demand of pequals=150150minus−q 1q1, and Customer 2 has an inverse demand of pequals=180180minus−q 2q2. Marginal cost per unit is constant and equal to $5050. Determine the profit-maximizing price and identical lump-sum fee charged to these two customers. For the following questions, assume the firm will always sell to both customers. The profit-maximizingLOADING... price is $nothing. (Enter a numeric response using a real number rounded to two decimal places.)
Answers: 3
Another question on Business
Business, 22.06.2019 11:30
10. lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d incorrect
Answers: 2
Business, 22.06.2019 14:00
Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.
Answers: 1
Business, 22.06.2019 14:30
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
You know the right answer?
Assume a firm faces two customers in the market. Customer 1 has an inverse demand of pequals=150150m...
Questions
Biology, 10.05.2021 18:30
Mathematics, 10.05.2021 18:30
Business, 10.05.2021 18:40
History, 10.05.2021 18:40
Mathematics, 10.05.2021 18:40
Mathematics, 10.05.2021 18:40
Mathematics, 10.05.2021 18:40
Mathematics, 10.05.2021 18:40
