produce equivalent products. The demand function for the computer has been estimated to be P = 2,500 - .0005Q The marginal (and average variable) cost of producing the computer is $900. a. Compute the profit-maximizing price and output levels assuming Pear acts as a monopolist for its product. Answer: The monopolist would equate marginal revenue (MR) with marginal cost (MC) Total revenue (TR) = P*Q = 2500Q-Q^2 MR = dTR/dQ = 2500-2Q We have MC = 900 So MR= MC implies 2500-2Q=
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number of units falls in 2nd year. 2. Evaluate the attractiveness of different market segments for Vanraj? The four market segments for the Vanraj are small and marginal farmers, Large farmers, Industries, and horticulture farmers. Small and marginal farmers: Agricultural land holdings is highly scattered in India. Small and marginal farmers take 82% of the total landholdings and did not own tractors. Instead they use bullocks which requires human effort too. Now total cost of the bullock expecting
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Preface Here are my online notes for my Calculus I course that I teach here at Lamar University. Despite the fact that these are my “class notes”, they should be accessible to anyone wanting to learn Calculus I or needing a refresher in some of the early topics in calculus. I’ve tried to make these notes as self contained as possible and so all the information needed to read through them is either from an Algebra or Trig class or contained in other sections of the notes. Here are a couple of warnings
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competitive industry. Questions 2 to 4 — The following figure shows the marginal cost, average fixed, variable and total costs for a firm: 2. In the above figure, A) curve A is the marginal cost and curve B is the average variable cost. B) curve A is the average variable cost and curve B is the average total cost. C) curve A is the average variable cost and curve D is the average fixed cost. D) curve A is the marginal cost and curve B is the average total cost 3. In the above figure, what is
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Analyzing Managerial Decisions: eBay.com by HCM-540, MBOL5, Health Care Organization Instructor: Saint Leo University Distance Learning November 24, 2013 Analyzing Managerial Decisions: eBay.com Ronald J. Sanders Saint Leo University MBA540 Analyzing Managerial Decisions: eBay.com 1. How does ebay create value? Ebay brings together million of buyers and sellers to its online portal creating value through virtual shopping through auctioning for goods and services. Virtual
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Case 1 - Sino Beauty - job order costing CASE 1 SINO-BEAUTY SWIMS IN THE DOT-COM SEA: JOB ORDER COSTING 1. Define and explain the meaning of a predetermined manufacturing overhead rate that is applied in a job-order costing system. Predetermined overhead rate allows manufacturing overhead to be broken down and associated with the percentage of work that was done with each job order. Since manufacturing overhead is an indirect cost, and not directly, or easily related to each job, a predetermined
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Week Nine Final Project A New House - Decision Devin Johnson XECO/212 January 13th, 2013 Jaime Medina Purchasing a home is life changing and a big decision. This is a decision I am currently being faced with at the moment. I have been living in a one bedroom apartment for the last two years, but now it is time for a change. My girlfriend and I are expecting our baby to arrive this June. This of course will require a bigger space and moving into a bigger apartment is not an option
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Conclusion Wipfli has the infrastructure, expertise, and reputation to successfully build, launch, maintain, and market individual and small business budget templates. I believe that Wipfli is in a unique position to enter and capture the market with a useful and profitable product. I further believe this will have a complimentary effect regarding other Wipfli services. How will you increase product differentiation? Budget and actual integration for: Tax preparation work papers and forms
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FedEx and the Life-Cycle Cost Embry-Riddle University Worldwide MGMT 422 Stephen Walker 26 January 2013 By Ahmadou Diallo Abstract Life cycle cost LCC is a management accounting tool used is a method for assessing the total cost of system from costs of acquiring, owning, and disposing of it. This methodology is essential in predicting cost-effective solutions though it not guaranteeing a particular result; therefore allowing the firm initiate rational comparison between alternative solutions
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EGT1: Economics and Global Business Applications Marginal Analysis By Christine Poole April 12, 2013 Abstract This essay will define marginal revenue, marginal cost, and profit, and it will explain the relationship each has with total revenue, total cost, and it will explain the concept of profit maximization. Marginal Revenue Marginal revenue is “The change in total revenue that results from the sale of 1 additional unit of a firm’s product; equal to the change in total
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