Business, 13.08.2021 01:50, maymayrod2000

Suppose you are the manager of Alpha Enterprises, a firm that holds a patent that makes it the exclusive manufacturer of bubble memory chips. Based on the estimates provided by a consultant, you know that the relevant demand and cost functions for bubble memory chips are Q = 25 - .5P ; C = 50 + 2Q; a. What is the firm’s inverse demand function?
b. What is the firm’s marginal revenue when producing 4 units of output?
c. What are the levels of output and price when you are maximizing profits?
d. What will be the level of your profits?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 08:50, sandram74691

Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u. s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize

Answers: 3

continue

Business, 22.06.2019 09:00, puppy5209

Aminor has the legal right to repudiate

Answers: 2

continue

Business, 22.06.2019 13:30, brittanysanders

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Answers: 2

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

Do you know the correct answer?

Suppose you are the manager of Alpha Enterprises, a firm that holds a patent that makes it the exclu...