Ec Conomics

Revenue Versus profit maximisation on weekends during summer months, Eric Cartman rents bombardment skis at the beach on an hourly basis. Last week, rentals make for off out to 15 hours per day when Cartman raised the charge to $55 per hour. development these two price-output combinations, the pertinent analogue demand and fringy revenue curves can be estimated as ???????????????????????????????????????????????????????????, Eric Cartman ??????????????????????????????????? ????????????????????? 15 ?????????????????? Cartman ??????????? $ 55 ?????????? ??????????????????????????, ?????????????????????????????????????????????????????????????????????????? A. ????????????????????????????????? ?????????????????????????????????????????? ????????????????????? $ 30 ????????????????????????????????????????????????????????? TC B. ?????????????????????????????????????????????????????????????????????????????? A. foreshadow the revenue-maximizing price-output combination. How much atomic number 18 these maximum revenues ? If marginal apostrophize is $30 per hour, calculate cyberspace at this bodily transition level, assuming TC B.

reason the profit-maximising price-output combination along with revenues and internet at this activity level remove Estimation and Forecasting. (1) Wilpen Company, a price-setting firm, produces nearly 80% of either lawn tennis balls purchased in the fall in States. Wilpen estimates the U.S. demand for its tennis balls by using the following linear specification: Q = a + bP + cM + dPR Where Q is the number of cans of tennis balls interchange quarterly, P is the wholesale price Wilpen charges for a can of tennis balls, M is the consumers sightly household income, and PR is the number price of tennis rackets. The regression toward the mean results are as follows: dependent VARIABLE: Q|  | R-SQUARE| F-RATIO|  | P-VALUE ON F|  | OBSERVATIONS: 20|  | 0.8435|  | 28.75|  | 0.001|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |...If you want to get a undecomposed essay, pasture it on our website: Ordercustompaper.com

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