Macro Economics

Managerial Economics BM (Term I - 2011) Problem tack 3B Problems on monopoly 1. An inventor has discovered a pertly manner acting of producing semi-precious stones that could be produced from a composite mineral free-base in a particular tableland in Azerbaijan. The groundbreaker purchased the plateau before anyone came to know about the innovation and the process is patented. there argon merely 2 markets for the stone. One is among the Zulu folks of atomic number 16 Africa and the other is among the aborigines of Tahiti. The forecasted yearly learn in southwestward Africa is PZ = 1500 0.5QZ and that in Tahiti is PT = 1000 QT. QZ is the bill demanded in South Africa and QT in Tahiti. PZ and PT are several(prenominal) prices. Prices are in dollars per snow leopard and quantities are in ounces. The annual speak to of production and scattering is habituated as C = 100000 + 100Q + 0.5 Q2. Q is the quantity produced annu totallyy. attain the quantities sold in Sou th Africa and Tahiti and the respective prices. 2. Suppose you ingest the tho swimming pool in town. on that point are two types of swimmers in the town effective and casual. The demand function for the serious swimmers is given by PS = 6 2 QS and that for the casuals is given by PC = 3 0.5 QC. Here quantities are hours of economic consumption per week and prices are in Rs. There are two hundred serious swimmers and 700 casual swimmers. Your weekly maintenance cost is $ 100. There is no other cost. Formulate a determine dodge in order to maximize your profit. 3. Monk Ferrari is the only distinction guru who ordure meaningfully de-stress the distressed celebrities by providing them with his pocket breeding coaching service. Ferrari hired you as his manager for his new course of study Meaning of Life from Plato to Paris Hilton. The platform is one quantify and he is going to hold cardinal interactive evenings only in London. If someone subscribes for the progr am by buying a season ticket, s/he can atten! d all the four evenings. Ferrari wants his clients to attend all the evenings and instructed you to subject field only...If you want to irritate a full essay, order it on our website: BestEssayCheap.com

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