6. The demand and cost function for SAMURAI Ltd. are in (1) and (2). Find firm's output and total profits when government sets ceiling price per unit of $30? (1) P = 45 -0.5Q; (2) TC = 3 +57Q - 8Q? + Q

7. A car manufacturer builds both left-hand and right-hand drive cars. It estimates that its costs and the demand faced in each of these respective markets can be modelled by the functions below Р 3D 520 — 30, P, = 720 – 4Q2 100Q1 + 120Q2 + 4Q1Q2 - - TC =

i need it in words not handwritten

What is the current market size and growth potential of the South African chrome market?

E2

The demand function for a firm's domestic and foreignmarkets are:AT) (5.4)P¡ = 50 - 401Pa=40- 5Q2and the total cost function is:TC= 25 + 120, where Q = Qi + Q.a/ Determine the prices needed to maximize profit with and without pricediscrimination;b/ Find the maximum profit values in these two cases and give your comment.

PLEASE IN DETAILS

The price/demand function of a company is p=36-0.001D and the cost function is 20D+1000. Determine the following: 1. The optimal demand = Blank 1 units 2. The optimal value = $ Blank 2 3. The demand that will give the highest revenue = Blank 3 units 4. The highest revenue value = $ Blank 4 5. Breakeven Points = Blank 5 and Blank 6 units 6. Range of Profitability = From Blank 7 to Blank 8 units

Firm X is going to apply a 2nd degree price discrimination. They plan to charge P1 for the first units and P2 for the subsequent units. The inverse market demand curve is P=100 – 2q, and the total cost function is TC = 10q + 100. Answer the following questions: %3D - 5. the prices (P1 & P2) the firm is going to charge after applying 2nd degree price discrimination are: O P1=70 and P2=40 O P1=40 and P2=70 O P1=20 and P2-40 O P1=60 and P2-30

Suppose a large of firms have cost function C(q ) = = 72+ 4q+2q 2 and the market demand Q_{D = 712 4p What is equilibrium and the long-run number of firms? (a) Q = 600 and N = 100 (b) Q 688 and V100 (c) Q = 600 and N = = 688 and N = 115 (e) None of the above 115 (d) Q