A) Suppose that MiniChirp faces a capacity constraint of 125 units: (QA + QNZ ≤ 125). What price that MiniChirp will charge in each country? B) Suppose that MiniChirp faces a capacity constraint of 20 units: (QA + QNZ ≤ 20). What is the lowest price that MiniChirp will charge in each country?

Q: 2) Describe the differences between dynamic and fixed pricing.

A: The word price refers to the rate at which the sellers are willing to sell various commodities in…

Q: Illustrate and discuss the theory and application of “Peak Load” pricing strategy.

A: Peak load pricing is a type of price discrimination where the consumers are charged different prices…

Q: why is it not firm 1 will charge a larger percentage markup over its cost than firm 2? according to…

A: The amount by which a business raises the price of a good or service over its cost of production is…

Q: uppose Bedox is a patent drug for man’s beauty. Her manufacturer faces a market demand for Bedox of…

A: The profit is maximized where the Marginal Revenue is equal to the Marginal cost. or  MR = MC.

Q: Why firms resist peak load pricing under cost of service regulation?

A: There has been a sharp contrast in peak versus off- peak pricing between US and other western…

Q: tions of Honey’s Laundry service, which is the only laundry in Banani Residential Area. Considering…

A: With market as monopoly, the firm will maximize profits and produce at a point where MR = MC.

Q: Since firms are slow to change the prices they charge for their products, are firms more or less…

A: The period of negative growth is known as the recession. During this period the real income and…

Q: KidzPoses Inc., a profit-maximizing business, is the only photography business in town that…

A: Total Revenue is the product of price and quantity  Marginal revenue is the revenue generated from…

Q: Mr. X and Ms. Y have entered into the following contractual arrangement with D. M. Kreps. Between…

A: In the realm of game theory, Cournot equilibrium denotes a particular form of Nash equilibrium…

Q: The below represents two firms (Firm A and Firm B) that operate in the same industry. Each firm must…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: Ticket Price, Cost ($) 10 8 00 D₁ = Dx+DA MC = ATC MRT 20 28 38 10 0 Adult Tickets DK 6 4 MC = ATC…

A:

Q: Assume that Turbo is a firm that produces two kinds of flash-memory drives. Its deluxe model has the…

A: Profit maximisation condition occurs where marginal cost is equal to marginal revenue. Where firms…

Q: - 4Q1, where P is the price of a room per night, and Q is rooms sold lemand (football!) is given by…

A: We have, P1=100 - 4Q1 P2 = 200 - 2Q2. MC = 20 + 2Q,

Q: please answer in text form and in proper format answer with must explanation , calculation for each…

A: To determine the optimal price range for a firm with market power, we need to apply the concept of…

Q: If BMW were forced to charge the same price in each​ market, what would be the quantity sold in…

A: Demand is the desire backed by a willingness to pay and the ability to pay by an individual. The…

Q: Explain why, in the absence of a patent, a technical innovation invented and pioneered in one tofu…

A: A patent is a regulatory instrument that acts as evidence of the intellectual property right of an…

Q: The demand function for Wally Winka's Neverending Lollipops is given by p = (8 - x)In(x + 6) where p…

A: To compute the price (p) when x = 4, we substitute the value of x into the given demand function:p =…

Q: A friend has decided to open a coffee shop nearby to campus. She knows that her coffee will be…

A: For-profit margin, we will use Lerner's Index. It is also called price-cost margin. L=(P-MC)/P For…

Q: You own a private parking lot near shard building with a capacity of 600 cars. The demand for…

A: On a daily level, operating costs are linked with the upkeep and administration of a business.…

Q: 12. Mr. Farmer has been in the business of selling cheddar cheese for almost three years, and thus…

A: Demand : D=2500-10p Fixed Cost : FC=1,100 Variable Cost: VC=$15   1) To find the optimal number of…

Q: 2. You have developed a self-study certification system for those who need credit hours for…

A: The amount of people that purchase at the given price would determine the individual pricing that…

Q: [Suppose] A Cmpany is the sole provider of electricity in the various districts of Dubai. To meet…

A: Given P = 1,200 − 4Q, C1(Q1) = 8,000 + 6Q1 C2(Q2) = 6,000 + 3Q2 + 5Q22

Q: Ethanol is again viewed as one part of a solution to the problem of shortages of petroleum products.…

A: Answer: Ethanol can be used as a substitute for petroleum products. So, to decrease the dependence…

Q: Kyle's Fabric Inc. agreed to supply 50 bolt of fabric to Fabric Stores of $50 per bolt. Shortly…

A: A contract basically refers to a legally binding promise. It might be a promise to do something or…

Q: Dalahla Company Limited, focusing on producing tooth paste (n units) has a demand function 4Q = 35 –…

A:

Q: Presently, APlus Transport and Big Movers are the only suppliers of services that haul heavy…

A: Cournot equilibrium is a concept in economics that describes a situation in which two or more firms…

Q: You are the owner of a car dealership and you practice “no haggle” sales policy. Last year, you made…

A: How much should you charge to maintain your record profit. To find record profit we will apply…

Q: List the factors that influence pricing decisions,and explain break-even analysis

A: Various factors affect the pricing decisions of a firm. Such factors can be divided into two groups-…

Q: A firm supplies its product to a number of UK cities. Its overall cost function can be expressed as…

A: Total cost function of the firm is given as : TC = 40 q2 + 900 q…

Q: Suppose] A Cmpany is the sole provider of electricity in the various districts of Dubai. To meet the…

A: 1.P=1200-4Q Q=Q1+Q2 P=1200-4(Q1+Q2) For firm1: Total Revenue:PQ1  TR1=1200Q1-4Q1^2-4Q1Q2…

Q: CareRight Medical Company has invented and received a patent for a new drug to treat a rare and…

A: The amount that the manufacturer has to pay for the factors of production and the other expenses…

Q: Assume that you are an economic consultant. The firm that hired you has provided the information…

A: In perfect competition,  There exists a large no. of buyers and sellers.  The firm maximize it's…

Q: The graph below shows the Market conditions of Honey’s Laundry service, which is the only laundry in…

A: A monopoly maximizes profit by producing at MR =MC  and charging the maximum price consumers are…

Q: A fried chicken franchise finds that the demand equation for its new roast chicken product, "Roasted…

A: The elasticity of demand is a measure to find the degree of responsiveness of demand when a certain…

Q: Please diagram the revenue and profit situation (which would also include the cost curves) for a…

A: Demand function:Demand is when a consumer has the desire to buy something at the price that he is…

Q: Suppose Ring Dental is the single supplier at HRM region provide the dental service and has a market…

A: Given  Ring dental is the single supplier and that means monopoly.  Demand curve : Q = 40 - P ; P =…

Q: Using supply and demand analysis, explain what happens to the market price and quantity of a…

A:

Q: Given: Marginal Cost = $6 Own-price Elasticity of Demand for Market Segment # 1 -2 What would be the…

A: MC = $6 and elaticity = -2

Q: You are the manager of the local movie theatre in a small town. Running a movie has a fixed cost of…

A: Profit refers to the revenue that firms or sellers earn over and above the total costs that they…

Q: Please diagram the revenue and profit situation (which would also include the cost curves) for a…

A: If the quantity demand for an item changes dramatically when the price of the good rises or falls,…

Q: U.S. fast‑food chains often alter their menus or business practices to accommodate local tastes and…

A: The foreign firm will look to adapt its international offering to the local market in order to cater…