Edgeworth box, Pareto Efficient, utility function, indifference curve

How do you plot the following initial endowment on a edgeworth box graph? Do the utility functions come into play in any way? XA = (0, 4), XB = (4, 2), UA = 2X1 + X2, UB = X1+2X2

Calculating output, price, total revenue and total profit.

P = $130 - $0.000125Q MR - $130 - 0.00025 Fixed development cost = $600,000 Marginal costs are $63 per unit. Calculate output, price, total revenue and total profit at the revenue maximizing activity level and then at the profit maximizing level (present each with relevant diagrams).

Equilibrium price between demand and supply

The demand for an item is as follows: Q = -400P + 2,000 The supply curve is given by: Q = 1,200 P Compute and present graphically the equilibrium price and quantity.

Having trouble with problem sets

1. Consider a firm operating in a perfectly competitive market. a. How much output will this firm produce ? b. How much profit (or loss) is this firm making in the short run ? c. What is the value of average fixed cost at this profit-maximizing output? d. At what output will average variable cost be minimized? e. ...continues

Microeconomics - cost

Find economics marginal cost and total cost

Microeconomics Help

Find the production possibilities and comparative advantage

Profit Maximization

1. A monopolist has the possibility of price discriminating between domestic and foriegn markets for a product. The demands are Qd = 21-0.1P in the domestic market and Qf = 50-0.4P in the foriegn market. The monopolist's short-run total cost function is STC = 2000+10Q, where Q = Qd+Qf. a. Calculate the profit-maximizing, ...continues

I only need help with plotting the graphs

I only need help with plotting the graphs for question 1b and question 2. Please be as specific as possible in plotting the graphs and explaining. Thanks in advance. The questions were already submitted (posting 3000) I only need help with the graphs. See attatchments for TA's earlier response. Thanks in advance 1. A mo ...continues

Profit Maximization

Please be as specific as possible and break-down answers in simple steps.

Elasticity

What is elasticity? Example of price elasticity, cross-price elasticity, income elasticity, and supply elasticity