2. Consider a monopolist who faces a market demand curve of Q = 400 – 5P
and has a cost function of C(Q) = Q2 + 8Q +20.
a. Derive the profit maximizing price and quantity that will arise in this market.
Illustrate your answer with a graph.
b. Now suppose that the monopolist has to pay a $12/unit tax on each unit it sells.
What will be the new quantity and price that will arise in this market? Illustrate
your answer with a graph.
c.Calculate the deadweight loss after the tax is imposed and compare to the
deadweight loss in part (a).
5. Suppose a monopolist faces a demand curve given by P = 120 – 3Q. The
monopolist has two plants. The first plant has a marginal cost curve given by MC1 =
5+20Q1, and the second one has a marginal cost curve given by MC2 = 80 + 5Q2.
Suppose the monopolist sells a total quantity Q which it must divide between the two
plants, i.e. Q = Q1 + Q2. How much will the monopolist sell and how will he allocate that
quantity between the two plants? (Hint: Note that at the optimal Q1 and Q2, marginal
costs in each plant must be the same, otherwise the monopolist would allocate more
production to the plant with the lower marginal costs.)
7. A beach resort in the Caribbean faces two market segments: bargain
travelers and high‐end travelers. Suppose that the demand for bargain travelers is given by Q1 = 400 – 2P1. The demand for high‐end travelers is given by Q2 = 500 – P2. In each
equation, Q denotes the number of travelers of each type who stay at the hotel each
day, and P denotes the price of one room per day. The marginal cost of serving an
additional traveler of either type is $20 per traveler per day.
a. Under the assumption that there is a positive demand from each type of
traveler, what is the equation of the overall market demand curve facing the
resort?
b. What is the profit‐maximizing price under the assumption that the resort must
set a uniform price for all travelers? For the purpose of this problem, you may
assume that at the profit‐maximizing price, both types of travelers are served.
Under the uniform price, what fraction of customers are bargain travelers, and
what fraction are high‐end travellers?
c.Suppose that the resort can engage in third‐degree price discrimination based on
whether a traveler is a high‐end traveler or a bargain traveler. What is the profit‐maximizing price in each segment? Under price discrimination, what
fraction of customers are bargain travelers and what fraction are high‐end
travellers?
d.The management of the resort is probably unable to determine, just from
looking at a customer, whether he or she is a high‐end or bargain traveler. How
might the resort screen its customers so that it can charge the profit‐maximizing
discriminatory prices you derived in part (c)?
Just write 1-page summary about marketing of anyone company. give me in 12 hours please.
. Consider a monopolist who faces a market demand curve of Q = 400 – 5P
and has a cost function of C(Q) = Q2 + 8Q +20.
a. Derive the profit maximizing price and quantity that will arise in this market.
Illustrate your answer with a graph.
b. Now suppose that the monopolist has to pay a $12/unit tax on each unit it sells.
What will be the new quantity and price that will arise in this market? Illustrate
your answer with a graph.
c.Calculate the deadweight loss after the tax is imposed and compare to the
deadweight loss in part (a).
5. Suppose a monopolist faces a demand curve given by P = 120 – 3Q. The
monopolist has two plants. The first plant has a marginal cost curve given by MC1 =
5+20Q1, and the second one has a marginal cost curve given by MC2 = 80 + 5Q2.
Suppose the monopolist sells a total quantity Q which it must divide between the two
plants, i.e. Q = Q1 + Q2. How much will the monopolist sell and how will he allocate that
quantity between the two plants? (Hint: Note that at the optimal Q1 and Q2, marginal
costs in each plant must be the same, otherwise the monopolist would allocate more
production to the plant with the lower marginal costs.)
7. A beach resort in the Caribbean faces two market segments: bargain
travelers and high‐end travelers. Suppose that the demand for bargain travelers is given by Q1 = 400 – 2P1. The demand for high‐end travelers is given by Q2 = 500 – P2. In each
equation, Q denotes the number of travelers of each type who stay at the hotel each
day, and P denotes the price of one room per day. The marginal cost of serving an
additional traveler of either type is $20 per traveler per day.
a. Under the assumption that there is a positive demand from each type of
traveler, what is the equation of the overall market demand curve facing the
resort?
b. What is the profit‐maximizing price under the assumption that the resort must
set a uniform price for all travelers? For the purpose of this problem, you may
assume that at the profit‐maximizing price, both types of travelers are served.
Under the uniform price, what fraction of customers are bargain travelers, and
what fraction are high‐end travellers?
c.Suppose that the resort can engage in third‐degree price discrimination based on
whether a traveler is a high‐end traveler or a bargain traveler. What is the profit‐maximizing price in each segment? Under price discrimination, what
fraction of customers are bargain travelers and what fraction are high‐end
travellers?
d.The management of the resort is probably unable to determine, just from
looking at a customer, whether he or she is a high‐end or bargain traveler. How
might the resort screen its customers so that it can charge the profit‐maximizing
discriminatory prices you derived in part (c)?
answer each of the 8 numbered items in at least 75 words each with references.
1. The political economy of international trade
2. Foreign direct investment
3. Regional economic integration
4. Global business venture
5. Globalization and emerging trends
6. Managing change in tough times
7. Global exchange, free trade and protectionism
8. Strategic planning for global markets
hi I need help with this management information system class project.
3pg, APA Times New Roman, double space paper. See criteria below. Paper must be done by 7am Wednesday morning (12-17-16) Information comes from the book (Global 2nd ed) by W. Peng
2. Analyze the major economic, cultural, and political/legal aspects of one of the following countries: China, Uganda, Mexico, Malawi, Brazil, South Africa, Canada, or Nigeria. You will also analyze the international business environment, including the economic dynamics of foreign trade, regional and global trade integration, and key cultural dimensions. Prepare a three-page APA formatted paper
We have had a successful course full of readings and discussions. Now it is time to apply your learning to an article in the media and to share it with the class in the form of a discussion.
First, look in reputable publications for an article that addresses any issue from the course. For example, find an article in the New York Times about the portrayal of race in the media; or an article in the Los Angeles Times about a new generation of shock advertising.
Bring this article to the table, so to speak, in the form of a discussion by summarizing your article, its contents, views, and relevance to this class. If the article is available online, be sure to include a link to the article. If not, cite the source.
PLEASE REMEMBER THIS IS JUS A DISCUSSION POST SO IT DOES NOT NEED TO BE VERY LONG!!! Thank you
From the scenario for Katrina’s Candies, determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs. Recommend the key decision-making criteria that Katrina’s Candies should use for expansion decisions in the short run and in the long run. Determine under what conditions, a company should or should not continue to produce the good or service.
Find a current issue facing non-profit companies. In a 4-page paper, describe the issue and how you can relate to this issue in your current workplace, the outcome of the issue, and how you think the outcome would have been different if the issue arose 20 years ago.
Research a recent newsworthy event that questioned the ethics of a company.
Write a 350- to 700-word paper (not including title and reference page) on the event you have chosen.
- Explain the situation of the event.
- Describe the company' s ethical obligation in their communications to the public.
- Answer the following questions:
- Did you find any evidence of communications to the general public?
- How effective was the communication in terms of establishing credibility?
- If not, what approach would you suggest the company take to communicate to the public to gain credibility?
- Cite and reference at least two sources.
Format your paper consistent with APA guidelines. Use one of the templates for APA papers provided in the Centre for Writing Excellence.