The Staples Company is composed of a marketing division and a production division. The marketing division packages and distributes a plastic item made by the production division. The demand cureve for the finished product sold by the marketing division is Po=200-3Qo where Po is the price (in dollars per pound) of the finished product and Qo is the quantity sold (in thousands of pounds). Excluding the production cost of the basic plastic item, the marketing division's total cost function is TCo=100+15Qo where TCo is the marketing division's total cost (in thousands of dollars). The production division's total cost function is
TC1 = 5 + 3Q1 + 0.4Q1^2 where TC1 is total production cost (in thousands of dollars) and Q1 is the total quantity produced of the basic plastic item ( in thousands of pounds). There is a perfectly competitive market for the basic plastic item, the price being $20 per pound.
A) What is the optimal output for the production division?
B) What is the optimal output for the marketing division?
C) What is the optimal transfer price for the basic plastic item?
D) At what price should the marketing division sell its product?

Supposing the demand for a gas station is given as PD = 2.06 - .00025QD. The marginal cost is $1.31 per gallon. At his current $1.69 price, he sells 1,500 gallons per week. Is this price-output combination optimal?

Please refer problem 3 from the attached file for graph.
The accompanying graph (bottom of this page) summarizes the demand and costs for a firm that operates in a monopolistically competitive market.
a. What is firm's optimaloutput?
b. What is firm's optimal price?
c. What are the firm's maximum profits?
d. What ad

The optimal mix of output may not be produced by an economy because of the existence of:
a) monopolies b) externalities c) public goods d) all of the above
I have many more questions, and I will direct those to the OTA's who can answer the questions in the most accurate and timeliest manner. that is, ASAP with 99% confid

The demand for speciality glue is given as follows: P = 1200 - 6Q, where P is price per 100 pounds of specialty glue produced and Q is the amount produced and sold in hundreds of pounds. The marginal cost of producing glue for the entire glue industry is as follows: MPC = 700 + 2Q. Let the production of speciality glue result in

(see attached for full problem description)
1
Global Corp. sells its output at the market price of $9 per unit. Each plant has the costs shown below:
What is the profit at each plant when operating at its optimaloutput level?
2
Suppose that you can sell as much of a product (in integer units) as you like at

A firm sells specialized electronic computers. Each of the computers has a unique chip produced at a California plant at cost of Cw(Qc)=Q^2 c
[C subscript w *(Q subscript c)=Q squared subscript c.]
Once produced, the chips are shipped to the firm's new jersey east coast plant where the computers are then assembled, packaged

A firm has determined that its variable costs are given by the following relationship:
VC = .05Q3 - 5Q2 + 500Q
where Q is the quantity of output produced.
Determine the output level where marginal costs are minimized.
333.3
33.3
3.33

The short-run marginal cost of the Ohio Bag company is 2Q. Price is $100. The company operates in a competitive industry. Currently, the company is producing 40 units per period. What is the optimal short-run output? Calculate the profits that Ohio Bag is losing through suboptimaloutput.

Allied company machines produces an output that it sells in a highly competitive market at a price of $100 per unit. Its inputs include two machines (which cost the firm $50 each) and workers, who can be hired on an as-needed basis in a labor market at a cost of $2,800 per worker. Based on the following production data, how many