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- Specific Instructions: Identify the factor/s affecting the supply and/or demand for each of the underlined good or service Start from an initial equilibrium market condition (see figure below) and then illustrate the shift/s in the supply and/or demand curve/s Assume equal magnitude of shift in the supply and demand curves. Label all figures and use an arrow to show the direction of the shift. X QB only please only in typed answerThe following data describe the firm's monthly demand and monthly costs for a manufacturer of electronic components. 1. Complete the following cost and revenue schedules for this company. Total Average Marginal Marginal Cost per Variable Variable Average Price per Cost per Total Cost Revenue per Cost for Quantity of boxes of per box of box of 1000 units Total box of 1000 box of units Fixed Total box of Revenue units 1000 units 1000 units produced Cost Cost 1000 units 1000 units $0 $800 $800 $1,700 $1,575 $1,450 $1,325 1 $1,028 $1,074 $1,117 $1,184 $1,303 2 3 4 5 $1,200 6. $1,075 $950 $1,498 7 $1,753 8 $825 $2,103 (a) What is the profit maximizing (or loss minimizing) quantity of boxesthat this company should supply? Why? (b) What price will the company charge? How is this price determined? Will this result in economic profits? (c) If the company charged a higher price than what you found in (b) above, what would happen? (d) What market structure do you think this company participates…
- Question 1 2 pts Panera's promise to serve delicious food that is better for you, for our associates, and for the world we live in" is their value proposition O production concept O segmentation strategy O market offering selling concept Question 3 2 pts French Wine producers operate with the philosophy that they produce a great quality wine that is deeply rooted in their traditions, and that the world should appreciate their wine the same way they have been for centuries. This philosophy aligns with societal marketing concept selling concept production concept marketing concept O product conceptCOURSE: MICROECONOMICS 2 - MONOPOLY AND PRICE DISCRIMINATION TYPE 2 - PRICE PER CONSUMPTION BRACKETA monopolistic firm charges $90 for 30 units sold; $60 for units between 31 and 60 and $30 for units between 61 and 90 and $15 for units greater than 90. Consider marginal cost (MC) equal to zero. How much is firm's extraordinary profit?(a) If it sells 15 units.(b) If it sells 53 units(c) If it sells 95 units PLEASE GRAPHIC EACH CASE2. Consider the iPad, which was introduced by Apple in 2010, and answer the following questions: a. what type of market structure did this initially represent when it was first released? What implications do you think this had in terms of its initial profitability? b. Over the past five years or so, do you think this market has changed in any way? Describe the evolution of this market, and justify your answer by employing theories you have learnt in this unit.
- Give typing answer with explanation and conclusionSpecific Instructions: Identify the factor/s affecting the supply and/or demand for each of the underlined good or service . Start from an initial equilibrium market condition (see figure below) and then illustrate the shift/s in the supply and/or demand curve/s Assume equal magnitude of shift in the supply and demand curves. Label all figures and use an arrow to show the direction of the shift. P P Q 1. Onion farmers in Occidental Mindoro and Ilocos Sur used high-yielding varieties and adopted the Code of Good Agricultural Practices (GAP) for onion production. 2. The African Swine Fever (ASF) forced many hog raisers to perform culling. On the other hand, the government increased the minimum access volume and lowered the tariffs for pork. 3. The Department of Agriculture installed tramlines in cabbage-growing areas in the northern area of the Philippines. This resulted in farmers being able to bring down their produce for pick-up by traders along the highways.Question 5 of 15 - Ch.11: Imperfect Competition lanlearning.com/sac/9960936#/9960936/4/-1 Assignment Score: 66.7% Question 5 of 15 > O Macmillan Learning Check Answer Give Up? (Figure: Market for Two-Firm Industry I) The graph depicts the market demand curve for a two-firm industry. Price ($) 20 18 16 14 12 10 6 2 8448 MC MR D 0 1 2 3 4 5 6 7 8 9 10 Quantity (100s) If the two firms collude and evenly split the market output, how much output will each firm produce? 200 units 150 units 400 units 300 units C
- Graph TR and TC for the firm Graph TR and TC for the firm Q TFC TVC TC АС MC P TR MR Profit 3 1 5 2 6. 3 8 4 11 5 15 6. 21 7 30 8 42 9. 60 10 85 Complete all the cost columns. Assume price = $8. Complete the rest of the table. (c) Graph TR and TC on the graph up and to the right. (d) For the market graph below on the right, label demand, supply and the prevailing market price. Label the equilibrium market quantity with q*. (e) For the firm graph below to the left, label the axis. PLOT USING THE DATA IN THE TABLE the demand curve the firm faces, the marginal revenue curve, the average cost curve, the marginal cost curve, and the equilibrium price, quantity. Show the profit. Do all the plots give you the same answer? Graph the market Graph the market Graph the firm Graph the firmBuilding a positive corporate image and handling or avoiding unfavorable rumors, reports, and incidents are all part of sales promotion. Select one: O True FalseNote:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
