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  • MBA, Ph.D in Management
    Harvard university
    Feb-1997 - Aug-2003

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    Strayer University
    Jan-2007 - Present

Category > Economics Posted 03 May 2017 My Price 7.00

Exercise

Exercise
1. Pizzas Patricia is a price taker. Their costs are: Production
(pizzas per hour)
0
1
2
3
4
5 Total Cost
($ per hour)
10
21
30
41
54
69 a. Calculate output-maximizing production Of Patricia and the amount of these if the price
Market is:
(i) $ 14 per pizza.
(ii) $ 12 per pizza.
(iii) $ 10 per pizza b. What is the closing point of Pizzas Patricia and What is the amount of their economic
earnings If the company closes temporarily? 2. . Quick Copies is one of many Photocopying that are close to a university. The figure
shows their cost curves. The price Market a copy is 10 cents of dollar. If the market price of a copy is 10 cents Dollar
a. What is the marginal revenue of Fast Copies? b. What is the production of Quick Copies that Maximize your profits? 3. The company Mineral Waters Aguirre, a monopoly of a single price, faces the
following plan of market demand: Price
($ per bottle)
10
8
6
4
2
0 Quantity demanded
(bottles per hour)
0
1
2
3
4
5 A. Calculate the total income plan of Mineral Waters Aguirre.
B. Calculate the marginal income plan.
C. Draw a graph that includes the demand curve of the market and the marginal income curve of Mineral Waters Aguirre.
D. Why the marginal income of Mineral Waters Is Aguirre less than the price? and. At what price
is the total income of Mineral Waters Aguirre?

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Answers

SuperTutor
(15)
Status NEW Posted 03 May 2017 12:05 AM My Price 7.00

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