Answered: (28). A firm that faces a high-demand…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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(28). A firm that faces a high-demand period followed by a low-demand period must determine all of the following for peak-load pricing except which one?

O A) long-term peak quantity

O B) long-run capacity

O C) short-term peak price

O D) short-term off-peak price

(29) The demand for Healthy Bars, a health snack bar, is Q^d = 10 - (2 x P) and Healthy Bars has a constant average cost of $3 per snack bar. If Healthy Bars wants to package their bars to create an all-or-nothing offer and puts the profit-maximizing number of bars into each package, what is the profit-maximizing price to charge for the package?

O A) $8

O B) $20

O C) $12

O D) $16

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