AgK rents out computing services to agricultural producers. The charge a fixed rental payment for the right to unlimited computing at a rate of P USD per minute. There are two types of potential users: 100 farmers and 100 ranchers. Each farmer demand is given by Qf = 20 - Pf, and each rancher's demand is given by Qr = 25 - Pr, where Q is in 1000 minutes per month and P is in USD per minutes. The marginal cost is 5 USD per minute. Suppose that you could separate farmers and ranchers. For ranchers, the optimal rental fee is   A) 5   B) 200,000   C) 500   D) 0

Babydrink is a monopolist due to its patent in infant formula. The total cost for production in dollars is given by C(q) = 24q2 + 600q +9600. a) What is the fixed cost? b) Find a function that gives the marginal cost. c) Find a function that gives the average cost. d) Find the efficient scale (that minimizes the average cost). e) Verify it is the most efficient not the least efficient.

Which of the following is a major contributor to VM sprawl? Select one.   Question 5 options:   Virtual machines are too difficult and costly to shut down.   It is easy to create new virtual machines.   Too many internal policies exist to regulate virtual machines, and employees ignore them.   Multiple attacks are made on hypervisors.

Consider the following cost function: Total Cost = 50+5Q^3 and demand curve Price= 5000-275*Q Given these functions, what would be the profit maximizing output?

Cindy's demand function for her legal services is given by the equation Q = 5000 - 20P, where Q represents the number of 1-hour sessions per year and P represents the price of each session. Her marginal revenue function is MR = 250 - 0.01Q. Cindys operation has no fixed costs, but she incurs a cost of $500 per session ( going to the clients house). What is Cindys yearly profit?

The cost, in dollars, to produce x designer dog leashes is C(x) R(x) 7x + 10, and the revenue function, in dollars, is - 3x? + 55x - Find the profit function. P(x) = -322 + 48x – 10 Find the number of leashes which need to be sold to maximize the profit. 8. Select an answer Find the maximum profit. 182 Select an answer > Find the price to charge per leash to maximize profit. Select an answer > V Select an answer What would be the be much for a leash? dogs too much money for a lea leashes dollars

Please solve this problem? THANK YOU

(a) A monopolist has discovered that the inverse demand function of a person with income Y for the monopolist’s product is P = 0.002Y-Q where P is the price, Y the income, and Q is the output. The monopolist can observe the incomes of its consumers and hence vary its price accordingly. The monopolist has a total cost function C(Q) = 100Q. Calculate the profit maximising price as a function of the consumer’s income Y carefully explaining all the steps in the derivation of the formula.   (b) A monopolist has a constant marginal cost of £2 per unit and no fixed costs. He faces two separate markets in the United States and in the UK. The goods sold in one market are never resold in the other. He sets one price P1 for the US market and another price P2 for the UK market (both measured in £). The demand in the United States is given by Q1=7,000-700P1 and the demand in the UK is given by Q2=1,200-200P1. Calculate the profit maximising output produced and price charged in each country by the…

Consider a market for cars with just one firm. The firm has a linear cost functionC(q) = 2q. The market inverse demand function is P(Q) = 9 − Q, where Q is thetotal quantity produced. Since initially there is just one firm, q = Q.(a) Set up the maximisation problem for the monopolist and determine the optimalprice and quantity of cars produced. How much profit does the firm make?

Suppose a manager is faced with the following demand curve for a new software application in a monopoly market, Q = 200 - 50P and the short run total cost function is TC = 2Q + Q2 / 30 If the manager is able to maximize the firms' profit in this monopoly market, what is the total profit value?