Business, 21.04.2020 18:27, zakiyacarlton

Ajax Cleaning Products is a medium sized firm operating in an industry dominated by one large firm- Tile King. Ajax produces a multiheaded tunnel wall scrubber that is similar to a model produced by Tile King. Ajax decides to charge the same price as Tile King to avoid the possibility of a price war. The price charged by Tile King is $20,000. Ajax has the following short run cost curve: TC=800,000- 5,000Q + 100Q^2

a. compute the marginal cost curve for Ajax.
b. given Ajax's pricing strategy, what is the marginal revenue function for Ajax?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 06:30, dee3874

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Answers: 1

continue

Business, 22.06.2019 10:30, alyea231

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst

Answers: 1

continue

Business, 22.06.2019 14:00, lindjyzeph

The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled:

Answers: 2

continue

Business, 22.06.2019 15:10, GreenHerbz206

Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions

Answers: 3

continue

Do you know the correct answer?

Ajax Cleaning Products is a medium sized firm operating in an industry dominated by one large firm-...