Price-Quantity Combination to Maximize Profit

Related BrainMass Solutions

• Important Aspects of Profit Maximization

  Calculate the profit-maximizing, price quantity combination. b. Calculate the revenue-maximizing, price-quantity combination. 1.a) with the price discrimination, the monopolist charges Pd in the domestic market and Pf in the foreign market.

• Microeconomics - Profit maximization, elasticity, marginal

  Is demand elastic, inelastic or unit elastic at the profit maximizing price - quantity combination? d. What is the excess of price over the marginal cost at the profit maximizing price- quantity combination?

• Monopolist profit maximization after tax and with price ceiling

  (in the latter equation its actually q squared over ten plus ten q) Calculate: a) the monopolist's price-quantity combination that maximizes profits and the level of profits obtained; b) the monopolist's price-quantity combination that maximizes

• Managerial Econ: Marginal Revenue Cost of Labor/Price Elasticity

  Problem-solving question: Use the following data for a perfectly competitive firm and the profit-maximizing input-combination rule to identify how many workers the firm will employ to maximize profits.

• Profit Maximization and Total Revenue

  price-quantity combination.

• The profit maximization

  John's costs are given by total cost = .1q^2 + 10q + 50 where q = the number of acres John chooses to cut a day a. How many acres should John choose to cut in order to maximize profit? b. Calculate John's maximum daily profit c.

• Graphing Demand Curve and Finding Price Quantity

  a) Calculate the profit-maximizing price-quantity combination for this monopolist. Also calculate the monopolist's profit.

• Natural monopolist - profit maximizing price and quantity

  This post specifically shows how to calculate profit maximizing price and quantity when monopolist isn't regulated, with efficient pricing (MC = p ) and with profit regulation (zero economic profits)?

• Finding the optimal price and output combination

  Suppose instead that the station seeks to maximize its profit from sales of the DVDs. What price should it charge? How many DVDs should it order from which supplier?

• Linear Programming for Integrated Circuits

  Press the Solve button and ergo, the result below: Optimum profit is $962.8571. To maximize: Production of x1 should be 11.43 units. Production of x2 should be 0 units. Production of x3 should be 25.71 units.