Superior Trading Co. operates in a competitive market, and decides which price to charge their customers based on Othe cost of producing the product Othe profit Superior Trading Co. wants to achieve Othe market price charged by Superior Trading Co. 's competitors Othe price set by the g government

Please answer in tipping format

Table 17-2 The information in the table depicts the total demand for wireless Internet subscriptions in a small urban market. Assume that each wireless Internet operator pays a fixed cost of $100,000 (per year) to provide wireless Internet in the market area and that the marginal cost of providing the wireless Internet service to a household is zero. Quantity 0 2000 4000 6000 8,000 Price (per year) $180 $150 $120 $90 $60 10,000 $30 12,000 $0 Refer to Table 17-2. Assume that there are two profit-maximizing wireless Internet companies operating in this market. Further assume that they are not able to "collude" on price and quantity of wireless Internet subscriptions to sell. How many wireless Internet subscriptions will be collectively sold (by both firms) when this market reaches a Nash equilibrium? Oa. 2000 Ob.4000 OC. 6000 O d. 58000

Sketch the microeconomics graph of the article, Industrial Demand for platinum driving significant supply shortfall

1.i)  Assuming you are the managing director of a firm that produces goods: A,B and C .The price elasticity of demand for A is 1.2, for B it is 1.oo and C is 0.75. It is known that he's firm is experiencing serious cash flow problems and you have to increase total revenue as soon as possible. If you were in a position to set the prices for these goods, what would be your pricing strategy for each product  ii)  price falls from N$ 16 to N$ 12 per bottle and demand rises from 200 to 300 per bottle.calculate the PED using midpoint formula Output prices average (total)cost Total cost marginal cost  Total profit/loss 10 10       -108 20 10     4 -48 30 10     5 3 40 10     6.20 40 50 10     8 60 60 10     10 60 2. i)  fill in the gaps ii)in which market structure doess Johnson Electronics (Pty)Ltd operate? iii)what level of output maximizes the firms profit

mc = 4 fixed cost = 0 demand curve: p = 32-29, when at optimal price, what's seller's surplus? What's scocial surplus? E Su

The products produced in a competitve market are