Ec Conomics

Revenue Versus profit maximization on weekends during summer months, Eric Cartman rents escape valve skis at the beach on an hourly basis. Last week, rentals take into account out to 15 hours per day when Cartman raised the price to $55 per hour. development these two price-output combinations, the relevant linear demand and borderline revenue curves can be estimated as ???????????????????????????????????????????????????????????, Eric Cartman ??????????????????????????????????? ????????????????????? 15 ?????????????????? Cartman ??????????? $ 55 ?????????? ??????????????????????????, ?????????????????????????????????????????????????????????????????????????? A. ????????????????????????????????? ?????????????????????????????????????????? ????????????????????? $ 30 ????????????????????????????????????????????????????????? TC B. ?????????????????????????????????????????????????????????????????????????????? A. foreshadow the revenue-maximizing price-output combination. How mu ch are these supreme revenues ? If marginal cost is $30 per hour, calculate profits at this bodily process take, assuming TC B.

reason the profit-maximising price-output combination along with revenues and profits at this activity level Demand Estimation and Forecasting. (1) Wilpen Company, a price-setting firm, produces nearly 80% of all lawn lawn tennis balls purchased in the United States. Wilpen estimates the U.S. demand for its tennis balls by using the following linear specification: Q = a + bP + cM + dPR Where Q is the number of cans of tennis balls sold quarterly, P is the in large q uantities price Wilpen charges for a! can of tennis balls, M is the consumers average household income, and PR is the average price of tennis rackets. The regression results are as follows: DEPENDENT VARIABLE: Q|  | R-SQUARE| F-RATIO|  | P-VALUE ON F|  | OBSERVATIONS: 20|  | 0.8435|  | 28.75|  | 0.001|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |...If you want to get a adept essay, order it on our website: OrderCustomPaper.com

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