You are the manager of College Computers, a manufacturer of customized computers that meet the specifications required by the local university. Over 90% of your clientele consists of college students. College Computers is not the only firm that builds computers to meet this university's specifications' indeed, it competes with many manufacturers online and through traditional retail outlets. To attract its large student clientele, College Computers runs a weekly ad in the student paper advertising its "free service after the sale" policy in an attempt to differentiate itself from the competition.
The weekly demand for computers produced by College Computers is given by Q = 800 - 2P, and its weekly cost of producing computers is:
C(Q) = 1,200 + 2Q 2 . If other firms in the industry sell PCs at $300,
What price and quantity of computers should you produce to maximize your firm's profits?
What long run adjustments should you anticipate? Explain.
Some economists believe that foreign exchange markets for the major currencies whose price is determined by market forces are "efficient" and forward exchange rates are u...Apr 08 2020
a. Land with an assessed value of $750,000 for property tax purposes is acquired by a business for $900,000. Ten years later, the plot of land has an assessed value of $1...Apr 09 2021
Which ionic compound is expected to form from combining the following pairs of elements. Express your answer as a chemical formula. a. barium and fluorine b. cesium...May 22 2021
Larkspur’s Agency sells an insurance policy offered by Capital Insurance Company for a commission of $103 on January 2, 2017. Larkspur will receive an additional commissi...Sep 05 2020
Whats an attribute map? Draw an example of an attribute map with the descriptionApr 13 2021
Determine Mx, M, and (x,y) for the laminas of uniform density p bounded by the graphs of the equations. LX Dyavi ----- 4. y ==x2, y = 0, x = 3 रो onlyApr 13 2021
A cylindrical wire of non-uniform base carries a current I as shown in the figure. The magnitude of the current density at Aj is J1=9500 A/m2. If A2=4.8 A1, find the magn...May 31 2021
Find double integral 0Aug 04 2020
An important function of a firm’s humanresources manager is to track worker turnover. Asa general rule, companies prefer to retain workers.New workers frequently need to ...Jun 22 2020
You want to purchase a new car in 7 years and expect the car to cost $32,000. Your bank offers a plan with a guaranteed APR of 5.5% if you make regular monthly deposits. ...Aug 16 2020