inverse demand function

Related BrainMass Solutions

• Inverse, Direct Demand Function, and Point Price Elasticity

  625020 Inverse, Direct Demand Function, & Point Price Elasticity Inverse, Direct Demand Function, & Point Price Elasticity Copy and paste the following data into Excel: a) Run OLS to determine the inverse demand function (P = f(Q)); how much confidence

• Demand Elasticity

  demand function P = 50 - Q, which gives P = 50 - 20 = $30 From thee inverse demand function, P = 50 - Q, we get Q = 50 - P, such that dQ/dP =-1 Now, elasticity = = Demand Elasticity is calculated for a monopoly.

• Finding Profit-Maximizing Level of Production

  We find marginal cost function by differentiating the cost function: C = 500 +2Q^2 Then MC = 4Q Now find the inverse demand function: P = 450/2 - Q/2 = 225 -Q/2 Multiply both sides of the inverse demand by Q to get the alternative revenue function

• What is the inverse demand function and consumer surplus?

  229433 What is the inverse demand function and consumer surplus? The demand curve for product X is given by Qdx = 460 - Px a) Find the inverse demand curve? b) How much consumer surplus do consumers receive when Px = $35?

• Profit Maximization

  First you need to find the inverse demand function. You are given the demand function Q = 400-2P. We can convert this like this: 2P = 400 - Q P = 200 -Q/2 Now you have the price as a function of the quantity produced.

• inverse demand function

  58924 Inverse demand function example problem The manager of monopolistically competitive firm and your demand and cost functions are the following: Q=20 -2P and C(Q) = 104 -14Q + Q(2nd Power) a.

• Monopoly Price and Profit-Maximizing Output

  Given only a monopolist's inverse market demand function and its marginal cost function, this solution shows how to find the monopolist's profit-maximizing price and output. All calculations are shown in full.

• What is the inverse demand function and profit maximizing price and level of production for a monopolistically competitive firm?

  229960 Determining Price, Level of Production and Profits You are a manager of a monopolistically competitive firm, and your demand and cost functions are given by Q=20-2P and C(Q) = 104 - 14Q + Q^2 a) find the inverse demand function for your firms

• profit-maximizing price

  The inverse demand function is determined.

• Equilibrium Price - Managerial Economics

  Determine the supply function and inverse supply function for good X. Graph the inverse supply function. 2.