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linda_us
linda_us, Master's Degree
Category: Single Problem
Satisfied Customers: 787
Experience:  A tutor for Business, Finance, Accounts and other related topics.
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Im working on economics homework and would like to know how

Customer Question

im working on economics homework and would like to know how much would it cost to answer several questions as Im really stuck in it
Submitted: 1 year ago.
Category: Single Problem
Expert:  F. Naz replied 1 year ago.

Please provide details and also mention your deadline, so the fair price may be sent to you, thanks.

Customer: replied 1 year ago.
A firm has two plants with cost functions: TCA = qA^2 & TCB = 4qB^2
It is the only producer of this good in a country with demand for it given by: QD = 104 - 2P
a) If this good cannot be imported or exported, how much will be produced, and how will production be divided between the two plants? What is the price and the firm’s profit?b) Now the good can be exported and sold at a price of $40, but importing is still banned. What is different in the firm’s behavior in the foreign versus the domestic market? How much will the firm produce, how will production be divided between the two plants, and how much will be sold in the two markets? What is the price in the domestic market,
and what will be the firm’s profit?A firm has the cost function: TC = Q2
It sells its goods in two markets with different demands: QA = 330 - 2PA & QB = 510 - 4PB
a) If the firm can practice third-degree price discrimination, how much will the firm
produce? What will be the optimal price and quantity in each market?c) What are the conditions for Pareto efficiency? Are they met in the two cases above, if the only other industry in this economy, and all factor markets, are perfectly competitive?Koak and Pepsee are the only producers of soft drinks with cost functions: TCK = 100 + 5qK & TCP = 100 + 10qP. The market demand for soft drinks is: Q = 1000 – 10P.
a) If the firms behave as Cournot competitors, find the Nash equilibrium price, output per firm, and profit per firm.b) If the firms behave as Stackelberg competitors, with Koak the leader, find the Nash equilibrium price, output per firm, and profit per firm.c) If the firms collude to maximize their combined profit, find the price, output per firm, and profit per firm assuming they split the profits evenly.
Customer: replied 1 year ago.
i dont need it until wed im still working on it i just like to proof my work
Customer: replied 1 year ago.
i got charged for the question 33 but no question has been answered
Expert:  F. Naz replied 1 year ago.

Please accept the offer, so the answer may be provided by your deadline, thanks.

Customer: replied 1 year ago.
no thank you i will work on it myself and i would like my money back because no questions are answered. thank you very much
Expert:  F. Naz replied 1 year ago.

Please contact JA customer service in this regard, thanks.

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