Answered: Use the graph below representing a…

Use the graph below representing a monopolistic market A find the MR and MC curve B find a monopolistics quantity C find the monopolists price D find the markup and E find the resource misallocation

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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I really need help with this, it's due tonight!
Discuss the pros and cons of dynamic pricing from an economics perspective.
Suppose that a furniture manufacturer makes chairs, sofas, and tables. Consider the following chart of labor hours required and available. Chair Sofa Table Daily labor available (labor- hours) 3 8 =III 1 2 6 0 The profit per chair is $50, per sofa $40, and per table $80. How many pieces of each type of furniture should be manufactured each day to maximize the profit? Carpentry Finishing Upholstery 6 1 2 720 144 228
Fuel efficiency, measured in miles per gallon, is a feature often considered by shoppers looking for a new car. The scatterplot shows the vehicle weight of 15 car models in pounds, plotted against their highway fuel efficiency. Which of the labeled points on the graph would be considered a high leverage point? point A point B point C point D
A parking garage bases its prices on the number of hours that a vehicle parks in the garage. 14 13 12 11 10 9 8 Total 7 Cost 6 (Dollars) 5 4 3 2 1 0 1 2 3 4 5 6 7 8 9 10 Number of Hours Based on the graph, what is the pricing scheme the parking garage uses for vehicles? The first two hours cost $2, between two hours and six hours cost $2 per hour, and all hours after that cost $1. The first two hours cost $2, between two and four hours cost $1 per hour, and all hours after that cost $0.50. The first two hours cost $1 per hour, between two hours and six hours cost $2 per hour, and all hours after that cost $1. The first two hours cost $1 per hour, between two hours and six hours cost $1 per hour, and all hours after that cost $0.50.
= Consider an economy with three sectors, Chemicals & Metals, Fuels & Power, and Machinery. Chemicals sells 30% of its output to Fuels and 50% to Machinery and retains the rest. Fuels sells 80% of its output to Chemicals and 10% to Machinery and retains the rest. Machinery sells 40% of its output to Chemicals and 30% to Fuels and retains the rest. Complete parts (a) through (c) below. a. Construct the exchange table for this economy. Distribution of Output from: Chemicals Fuels 0.2 0.8 0.3 0.5 Machinery 0.4 0.3 0.3 Purchased by: Chemicals Fuels Machinery 0.1 0.1 (Type integers or decimals.) b. Develop a system of equations that leads to prices at which each sector's income matches its expenses. Then write the augmented matrix that can be row reduced to find these prices. The first, second, and third columns of the matrix should correspond to Chemicals, Fuels, and Machinery, respectively. The augmented matrix is 0.8 0.8 0.4 0 0.3 -0.9 0.5 0 0.5 0.1 -0.9 0 (Type an integer or decimal for…