profit maximizing price

Related BrainMass Solutions

• Profit maximizing level of output

  See attached file The profit maximizing level of output, the number of firms that will compete in the market at the profit maximizing price and quantity, the profit-maximizing price and quantity in the long run etc. are calculated.

• Calculating optmal output and other related parameters

  331750 Optimal output Assume a monopolist with the following: Qd =100-10p TC = 1 + 2Q Find the following: a) Price at profit maximizing output b) Profit maximizing output c) Total Revenue at profit maximizing output d) Total Cost at profit

• Finding the Profit Maximizing Price

  He thinks that for every 2% drop in price, there will be a 5% increase in sales. What is the profit maximizing price? Profit maximizing price is the price at that point where MR = MC Marginal cost = Marginal revenue.

• Calculating profit-maximizing output and price level

  We can say that profit maximizing price is $4 per unit. c)Total Revenue =product of price and output at profit maximizing level. =4*10000=$40000 d)Total Cost=Value of ATC (at Q=10000)*Profit maximizing output level.

• Profit Maximizing Price in Market Structure

  If we project a vertical line upwards at this point till it reaches the demand curve, we get the price at which the good must be sold. So the profit maximizing price is $ $6 and the profit maximizing quantity is 300.

• Managerial Economics: Calculating Maximum Profit and Revenue

  Using algebra determine the optimal output, price, profit and revenue for the firm. (i) Using algebra determine the profit maximizing output, price and optimal profit for the firm.

• Profit-maximizing price: Geographically divided markets

  Find the profit-maximizing price and quantity in each market. b. In which market is demand more elastic? a. Find the profit-maximizing price and quantity in each market.

• profit maximizing output and the level of optimal profit for the firm

  The firm faces a market price of $15. Algebraically calculate the profit maximizing output and the level of optimal profit for the firm.

• Calculating output, price, total revenue and total profit

  Calculate output, price, total revenue and total profit at the profit-maximizing activity level.

• Computation of Profit Maximizing Price level and Output

  281050 Profit maximizing output level computation A firm uses a single plant with costs C = 160 + 16Q + .1Q2 and faces the price equation P = 96 - .4Q. Find the firms profit maximizing price and quantity. What is profit?