西方经济学中关于边际收益的问题.Banana Computer Company has fixedcosts of production of $100,000,while each unit costs $600 of labor and $400of materials and fuel.At a price of $3000,consumers would buy no Bananacomputers,but for each $
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西方经济学中关于边际收益的问题.Banana Computer Company has fixedcosts of production of $100,000,while each unit costs $600 of labor and $400of materials and fuel.At a price of $3000,consumers would buy no Bananacomputers,but for each $
西方经济学中关于边际收益的问题.
Banana Computer Company has fixedcosts of production of $100,000,while each unit costs $600 of labor and $400of materials and fuel.At a price of $3000,consumers would buy no Bananacomputers,but for each $10 reduction in price,sales of Banana computersincrease by 1000 units.Calculate marginal cost and marginal revenue for BananaComputer,and determine its monopoly price and quantity.
西方经济学中关于边际收益的问题.Banana Computer Company has fixedcosts of production of $100,000,while each unit costs $600 of labor and $400of materials and fuel.At a price of $3000,consumers would buy no Bananacomputers,but for each $
1) Calculating Marginal Cost is trivial. It is simply 600 + 400 = 1000.
2) To max the firm's profit, one also need to make sure that marginal revenue = marginal cost = 1000.
3) let the monoply quantity be q, then we need to max its profit according to:
(3000 - 1000 - 10q)*q. We solve this problem and obtain q = 200 (thousand units). And the associated monoply price is simply: 3000 - 200*10 = $1000.