Formula fixed rate of production is $350 and price is $55. what do I do with this
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Week 10 Discussion 09 06 19
Intel made large loyalty payments to HP in exchange for HP buying most of their chips from Intel instead of rival AMD. AMD ...
Week 10 Discussion 09 06 19
Intel made large loyalty payments to HP in exchange for HP buying most of their chips from Intel instead of rival AMD. AMD sued Intel under the ...
The Gulf Sea Turtle Conservation Group (GSTCG), economics homework help
The Gulf
Sea Turtle Conservation Group (GSTCG), a 501(c) (3) non–profit
group of volunteers working to collect data on ...
The Gulf Sea Turtle Conservation Group (GSTCG), economics homework help
The Gulf
Sea Turtle Conservation Group (GSTCG), a 501(c) (3) non–profit
group of volunteers working to collect data on nesting sea turtles and to
promote sea turtle conservation, is considering creating a video to educate
people about sea turtle conservation. The cost of duplicating the video on a
DVD and mailing the DVD is $6.58. In a GSTCG member meeting, the video plan was
discussed. Table 1. shows the expected demand for the DVD at different
suggested donation levels, and they can act as a single-price monopolist if
they choose to. The receipts will be used to fund GSTCG supplies for their data
collection and conservation work. At the end of each sea turtle nesting season,
any excess funds are donated by the GSTCG to a local non-profit sea turtle
research and rehabilitation facility.
Table 1.
Suggested Donation per DVD Request
Anticipated Number of DVD Requests
$19.00
0
$15.00
2
$9.50
4
$7.75
10
$3.00
15
$0.00
20
a. Complete Table 2. by computing the Total
Revenue, Marginal Revenue, and Profit columns.
Table 2.
Suggested Donation per DVD Request
Anticipated Number of DVD Requests
Total Revenue
Marginal Revenue
PROFIT
$19.00
0
$15.00
2
$9.50
4
$7.75
10
$3.00
15
$0.00
20
b. The
President wants the GSTCG to provide videos to generate the most possible
donations (Total Revenue). What price is the President of the GSTCG favoring
and how many people will receive the DVD if this becomes the price of the
suggested donation? Explain your answers.
c. The
Education Outreach Committee wants the GSTCG to provide videos to the most
possible number of people. What price is the Educational Outreach Committee
favoring and how many people will receive the DVD if this becomes the price of
the suggested donation? Explain your answers.
d. The
Treasurer of the GSTCG wants the DVD program to be as efficient as possible so
that the marginal revenue equals marginal cost. What price is the Treasurer
favoring and how many people will receive the DVD if this becomes the price of
the suggested donation? Explain your answers.
e. The
Fund Raising Committee wants the DVD program to generate as much profit in
donations as possible. What price is the Fund Raising Committee favoring and
how many people will receive the DVD if this becomes the price of the suggested
donation? Explain your answers.
2. A
business has been created to provide needed services to its market. As the only
provider of this service, it functions as a monopoly, with the ability to set
prices and having the entire market demand schedule as its demand curve.
Because the monopoly is newly formed, there is no government intervention into
the monopoly’s pricing actions. Examine Diagram 2. and answer each of the
following questions with complete explanations:
a. What is quantity (a) and why is
it important?
b. What is the value at point (b)
and why is it important?
c. What is the value at point (c)
and why is it important?
d. What is the value at point (d)
and why is it important?
e. What is the meaning
of the green rectangle labeled (e)?
f. If there were no
monopoly and this was a perfectly competitive market, what would quantity at
point (f) be and why is it important?
g. If there were no
monopoly and this was a perfectly competitive market, what would point (g) be
and why is it important?
h. For the market in
which the monopoly now operates, what does the red triangle labeled (h) mean,
and why is it important?
3. A
governmental regulating agency was created to oversee the monopoly in Question 2’s
operations and pricing. Diagram 3. depicts a new price ceiling set by the
regulators. Answer each of the following questions with complete explanations:
a. What is
quantity (a) and why is it important?
b. What is
the value at point (b) and why is it important?
c. At what
level was the price ceiling set?
d. What is
the value at point (c) and why is it important?
e. At this
price ceiling level, will the monopoly make any monopoly profits?
f. At this
price ceiling level, will the monopoly cover its costs?
g. At this
price ceiling level, will the monopoly continue in business in the long run?
4.
Diagram 4. depicts a different price ceiling set by the regulators for the
monopoly in Question 2. Answer each of the following questions with complete
explanations:
a. What is
quantity (a) and why is it important?
b. What is
the value at point (b) and why is it important?
c. At what
level was the price ceiling set?
d. At this
price ceiling level, will the monopoly make any monopoly profits?
e. At this
price ceiling level, will the monopoly cover its costs?
f. At this
price ceiling level, will the monopoly continue in business in the long run?
5.
Explain your understanding of how price effect contributes to the fact that,
for a monopoly, marginal revenue is always less than the price.
6.
Explain your understanding of how quantity effect contributes to the fact that,
for a monopoly, marginal revenue is always less than the price.
Catch-Up Growth
In your own words, and based on the explanation in the textbook, explain why economists expect poor countries to grow a ...
Catch-Up Growth
In your own words, and based on the explanation in the textbook, explain why economists expect poor countries to grow at a faster rate than rich countries.
Try to verify this claim. Please go to the IMF website referenced in your learning portfolio assignment for chapters 8, 9 and 10 (https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD), and compare economic growth rates for China and India to those of a few developed countries (United States, Canada, France, etc.), and comment on any differences you see. Does the real world data fit the predictions of the model?
Compare the growth experienced by China and India to that of the poor countries in Africa, like Zimbabwe and Democratic Republic of Congo. Are the poor countries in Africa growing like China and India? Please do some internet research to try to figure out why they are similar or different. If you find that they are similar, what sorts of conditions or policies are similar in the countries that might lead to strong growth? If they are different, what conditions and policies differ that might explain why they are different? In your response, please include at least one link to an article or website that supports your claim(s).
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The case study “Coca- Cola versus Pepsi-Cola and the soft drink industry” explains as of 1991 the US soft drink industry was approximately $46 ...
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Return on Equity = Profit margin x Asset turnover x Equity multipllier Diseases and Disorders of the Circulatory System (H ...
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Saudi Electronic University Data Visualization and GIS Solutions Research Paper
Data Visualization and GIS Solutions (100 points) Research either data visualization software or GIS software
available ...
Saudi Electronic University Data Visualization and GIS Solutions Research Paper
Data Visualization and GIS Solutions (100 points) Research either data visualization software or GIS software
available to businesses. In a paper, summarize the range of solutions
available with examples of how they might be utilized. Then conduct some
research and identify an organization that has adopted one of these
software solutions. Briefly describe the organization, and then answer
the following questions: What technology (or technologies) is the organization using?Which business units utilize the data presented by the technology?What does the technology provide to the organization? What benefits does it offer and/or what problems does it solve?Explain the present and future impacts of such a technology from a business perspective.Identify areas in which the organization might expand or improve
upon using the technology. Explain what they could do and why they
should do it. Your well-written report should be 4-5 pages in length, not
including the cover and reference pages. Use Saudi Electronic University
academic writing standards and APA style guidelines, citing at least
two references, as appropriate. Review the grading rubric to see how you
will be graded for this assignment.
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Most Popular Content
3 pages
Week 10 Discussion 09 06 19
Intel made large loyalty payments to HP in exchange for HP buying most of their chips from Intel instead of rival AMD. AMD ...
Week 10 Discussion 09 06 19
Intel made large loyalty payments to HP in exchange for HP buying most of their chips from Intel instead of rival AMD. AMD sued Intel under the ...
The Gulf Sea Turtle Conservation Group (GSTCG), economics homework help
The Gulf
Sea Turtle Conservation Group (GSTCG), a 501(c) (3) non–profit
group of volunteers working to collect data on ...
The Gulf Sea Turtle Conservation Group (GSTCG), economics homework help
The Gulf
Sea Turtle Conservation Group (GSTCG), a 501(c) (3) non–profit
group of volunteers working to collect data on nesting sea turtles and to
promote sea turtle conservation, is considering creating a video to educate
people about sea turtle conservation. The cost of duplicating the video on a
DVD and mailing the DVD is $6.58. In a GSTCG member meeting, the video plan was
discussed. Table 1. shows the expected demand for the DVD at different
suggested donation levels, and they can act as a single-price monopolist if
they choose to. The receipts will be used to fund GSTCG supplies for their data
collection and conservation work. At the end of each sea turtle nesting season,
any excess funds are donated by the GSTCG to a local non-profit sea turtle
research and rehabilitation facility.
Table 1.
Suggested Donation per DVD Request
Anticipated Number of DVD Requests
$19.00
0
$15.00
2
$9.50
4
$7.75
10
$3.00
15
$0.00
20
a. Complete Table 2. by computing the Total
Revenue, Marginal Revenue, and Profit columns.
Table 2.
Suggested Donation per DVD Request
Anticipated Number of DVD Requests
Total Revenue
Marginal Revenue
PROFIT
$19.00
0
$15.00
2
$9.50
4
$7.75
10
$3.00
15
$0.00
20
b. The
President wants the GSTCG to provide videos to generate the most possible
donations (Total Revenue). What price is the President of the GSTCG favoring
and how many people will receive the DVD if this becomes the price of the
suggested donation? Explain your answers.
c. The
Education Outreach Committee wants the GSTCG to provide videos to the most
possible number of people. What price is the Educational Outreach Committee
favoring and how many people will receive the DVD if this becomes the price of
the suggested donation? Explain your answers.
d. The
Treasurer of the GSTCG wants the DVD program to be as efficient as possible so
that the marginal revenue equals marginal cost. What price is the Treasurer
favoring and how many people will receive the DVD if this becomes the price of
the suggested donation? Explain your answers.
e. The
Fund Raising Committee wants the DVD program to generate as much profit in
donations as possible. What price is the Fund Raising Committee favoring and
how many people will receive the DVD if this becomes the price of the suggested
donation? Explain your answers.
2. A
business has been created to provide needed services to its market. As the only
provider of this service, it functions as a monopoly, with the ability to set
prices and having the entire market demand schedule as its demand curve.
Because the monopoly is newly formed, there is no government intervention into
the monopoly’s pricing actions. Examine Diagram 2. and answer each of the
following questions with complete explanations:
a. What is quantity (a) and why is
it important?
b. What is the value at point (b)
and why is it important?
c. What is the value at point (c)
and why is it important?
d. What is the value at point (d)
and why is it important?
e. What is the meaning
of the green rectangle labeled (e)?
f. If there were no
monopoly and this was a perfectly competitive market, what would quantity at
point (f) be and why is it important?
g. If there were no
monopoly and this was a perfectly competitive market, what would point (g) be
and why is it important?
h. For the market in
which the monopoly now operates, what does the red triangle labeled (h) mean,
and why is it important?
3. A
governmental regulating agency was created to oversee the monopoly in Question 2’s
operations and pricing. Diagram 3. depicts a new price ceiling set by the
regulators. Answer each of the following questions with complete explanations:
a. What is
quantity (a) and why is it important?
b. What is
the value at point (b) and why is it important?
c. At what
level was the price ceiling set?
d. What is
the value at point (c) and why is it important?
e. At this
price ceiling level, will the monopoly make any monopoly profits?
f. At this
price ceiling level, will the monopoly cover its costs?
g. At this
price ceiling level, will the monopoly continue in business in the long run?
4.
Diagram 4. depicts a different price ceiling set by the regulators for the
monopoly in Question 2. Answer each of the following questions with complete
explanations:
a. What is
quantity (a) and why is it important?
b. What is
the value at point (b) and why is it important?
c. At what
level was the price ceiling set?
d. At this
price ceiling level, will the monopoly make any monopoly profits?
e. At this
price ceiling level, will the monopoly cover its costs?
f. At this
price ceiling level, will the monopoly continue in business in the long run?
5.
Explain your understanding of how price effect contributes to the fact that,
for a monopoly, marginal revenue is always less than the price.
6.
Explain your understanding of how quantity effect contributes to the fact that,
for a monopoly, marginal revenue is always less than the price.
Catch-Up Growth
In your own words, and based on the explanation in the textbook, explain why economists expect poor countries to grow a ...
Catch-Up Growth
In your own words, and based on the explanation in the textbook, explain why economists expect poor countries to grow at a faster rate than rich countries.
Try to verify this claim. Please go to the IMF website referenced in your learning portfolio assignment for chapters 8, 9 and 10 (https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD), and compare economic growth rates for China and India to those of a few developed countries (United States, Canada, France, etc.), and comment on any differences you see. Does the real world data fit the predictions of the model?
Compare the growth experienced by China and India to that of the poor countries in Africa, like Zimbabwe and Democratic Republic of Congo. Are the poor countries in Africa growing like China and India? Please do some internet research to try to figure out why they are similar or different. If you find that they are similar, what sorts of conditions or policies are similar in the countries that might lead to strong growth? If they are different, what conditions and policies differ that might explain why they are different? In your response, please include at least one link to an article or website that supports your claim(s).
5 pages
Coca Cola Versus Pepsi Cola Case Study
The case study “Coca- Cola versus Pepsi-Cola and the soft drink industry” explains as of 1991 the US soft drink indust ...
Coca Cola Versus Pepsi Cola Case Study
The case study “Coca- Cola versus Pepsi-Cola and the soft drink industry” explains as of 1991 the US soft drink industry was approximately $46 ...
18 pages
Expense Forecast 12
Return on Equity = Profit margin x Asset turnover x Equity multipllier Diseases and Disorders of the Circulatory System (H ...
Expense Forecast 12
Return on Equity = Profit margin x Asset turnover x Equity multipllier Diseases and Disorders of the Circulatory System (Hypertension, Heart Disease, ...
Saudi Electronic University Data Visualization and GIS Solutions Research Paper
Data Visualization and GIS Solutions (100 points) Research either data visualization software or GIS software
available ...
Saudi Electronic University Data Visualization and GIS Solutions Research Paper
Data Visualization and GIS Solutions (100 points) Research either data visualization software or GIS software
available to businesses. In a paper, summarize the range of solutions
available with examples of how they might be utilized. Then conduct some
research and identify an organization that has adopted one of these
software solutions. Briefly describe the organization, and then answer
the following questions: What technology (or technologies) is the organization using?Which business units utilize the data presented by the technology?What does the technology provide to the organization? What benefits does it offer and/or what problems does it solve?Explain the present and future impacts of such a technology from a business perspective.Identify areas in which the organization might expand or improve
upon using the technology. Explain what they could do and why they
should do it. Your well-written report should be 4-5 pages in length, not
including the cover and reference pages. Use Saudi Electronic University
academic writing standards and APA style guidelines, citing at least
two references, as appropriate. Review the grading rubric to see how you
will be graded for this assignment.
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