Business, 18.05.2021 22:10 balwinderdev
Suppose a nonlinear price discriminating monopolist faces an inverse demand curve: Upper P equals 120 minus Upper Q, and can set three prices depending on the quantity a consumer purchases. The firm's profit is: pi equals p 1 Upper Q 1 plus p 2 (Upper Q 2 minus Upper Q 1 )plus p 3 (Upper Q 3 minus Upper Q 2 )minus m Upper Q 3, where p 1 is the high price charged on the first units Upper Q 1 (first block) and p 2 is a lower price charged on the next (Upper Q 2 minus Upper Q 1 )units and p 3 is the lowest price charged on the (Upper Q 3 minus Upper Q 2 )remaining units. Upper Q 3 is the total number of units actually purchased, and m = $50 is the firm's constant marginal and average cost. Using calculus, determine the profit-maximizing values for p 1, p 2, and p 3, and the firm's profits.
Answers: 2
Business, 22.06.2019 23:00
Type of deposit reserve requirementcheckable deposits $7.8 - 48.3 million 3%over $48.3 million 10noncheckable personal savings and time deposits 0refer to the accompanying table. if a bank has $60 million in savings deposits and $40 million in checkable deposits, then its required reserves are$1.2 million.
Answers: 1
Business, 23.06.2019 00:30
In a recent annual report, apple computer reported the following in one of its disclosure notes: "warranty expense: the company provides currently for the estimated cost for product warranties at the time the related revenue is recognized." this note exemplifies apple's use of: (a) conservatism.(b) matching. (c) realization principle. (d) economic entity.
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Business, 23.06.2019 02:50
Marcus nurseries inc.'s 2005 balance sheet showed total common equity of $2,050,000, which included $1,750,000 of retained earnings. the company had 100,000 shares of stock outstanding which sold at a price of $57.25 per share. if the firm had net income of $250,000 in 2006 and paid out $100,000 as dividends, what would its book value per share be at the end of 2006, assuming that it neither issued nor retired any common stock?
Answers: 1
Suppose a nonlinear price discriminating monopolist faces an inverse demand curve: Upper P equals 1...
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