The market demand for a monopoly firm is estimated to be:   Qd = 80,000 -400P + 3M + 2000PR   where Q is output, P is price, M is income, and PR is the price of a related good. The manager has forecasted the values of M and PR will be $60,000 and $15, respectively, in 2018. For 2018, th

At these levels of output the marginal revenue in the manufactured items market is     and the marginal revenue in the semimanufactured raw materials market is    .   At these prices, the price elasticity of demand in the manufactured items market is    and the the price elasticity of demand in the semimanufactured raw materials market is    . (Hint: ED=PMR−P��=�MR−�)   What are the total profits if the company is effectively able to charge different prices in the two markets?    .   If the company is required by law to charge the same per-ton rate to all users, the new profit-maximizing level of price and output are    per ton  and    tons  respectively. The total profits in this situation is    .

Industry demand and supply for a new soft drink NeuCola is as follows:Qd = 460,000 – 100,000 P + 22,500 Pc + 21 Y + 2,000 TQs = 40,000 + 80,000 P – 60,000 PL – 5,000 Pk Where P is the average price of the drink in $ per pack, Pc is the average wholesale price of other branded drinks in the market, Y is income in $, T is the average daily temperature in degrees, PL is the average wage of labor in $ per hour and Pk is the average cost of capital in $. a.When quantity is expressed as a function of price, what are NeuCola’s demand and supply curves if Pc = $8, Y=$10,000 billion, T=75 degrees, PL=$10, and Pk=$12. b., Will, there be a surplus or shortage of NeuCola when P = $5, $7, and $9? Use a table to show values of quantity demanded and quantity supplied at each level of price. (Values of Qd and Qs calculated in millions may be rounded in the table).c.Calculate the market equilibrium price and equilibrium output.d.Draw a labeled hypothetical demand and supply model clearly indicating…

A monopoly’s inverse demand function is p= 100 - Q + (5A-A2)/Q: where Q is quantity, p is price and A is the level advertising. Its marginal cost of production is constant at 10 and its cost of a unit of advertising is 1.  What are the firm’s profit-maximizing price, quantity, and level of advertising? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Marryweather Ltd. is a company that sells machines in the US and the EU. The inverse demand functions for the two markets are given as Pus = 10 – Yus and pgu = 6 - Yev. respectively. The machines for both markets are manufactured in Poland with a fixed % marginal cost of $2 and sold to clients only through its online retail stores (assume the online stores are affiliates of the company and that the profits are directly recorded by Marryweather, Ltd.). Due to its unique patented technology, the company is a monopoly in both markets. 1. Assume, instead of the exclusive territorial agreements, Marryweather, Ltd. has one global retail agreement with its online vendor that sells to both markets. Drawing a diagram (with the proper labels) show the combined market demand and marginal revenue. What is the price? What is the total profit? How many machines does the company sell in each market? 2. If Marryweather, Ltd. could perfectly price discriminate in the combined market from part (b), what…

Given that MR = P"(1 + 1/Ep) = p*((Ep+1)/Ep) where Ep is the price elasticity of demand, if marginal cost is constant at $20 over the range of current potential production and the price elasticity of demand = -2.0, then the profit maximizing price to charge is: $35 $45 $30 $40

Air Canada announces a 15% off sale on its flights, so fans can watch Toronto Raptors play against the Golden State Warriors in the NBA Finals. What effect will this sale have on Air Canada's flights to destinations other than Canada?

Marryweather Ltd. is a company that sells machines in the US and the EU. The inverse Pus = 10 – Yus and pgu = 6 – YEu, demand functions for the two markets are given as respectively. The machines for both markets are manufactured in Poland with a fixed % marginal cost of $2 and sold to clients only through its online retail stores (assume the online stores are affiliates of the company and that the profits are directly recorded by Marryweather, Ltd.). Due to its unique patented technology, the company is a monopoly in both markets. 1. Assuming Marryweather, Ltd. has an exclusive territorial online retail agreement in each market with its vendors (an online vendor in the US cannot sell to an address in Europe, and vice versa), what would be the profit-maximizing prices and quantities in the US and the EU? What are the profits from each market? 2. Assume, instead of the exclusive territorial agreements, Marryweather, Ltd. has one global retail agreement with its online vendor that sells…