Economic profits maximizing

When this monopolistic competitor produces Q units, this is maximizing: (w) sales development and its market share. (x) total revenue. (y) economic profits. (z) total fixed cost and its managers' salaries.

2019_Monopolistic Competition.png

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

View Complete Question

Related Questions in Microeconomics

Q : Factors establishing elasticity of

Factors establishing elasticity of supply: The factors below will persuade the elasticity of supply: 1. Modifications in cost of production. 2. Behavior pattern of producers. 3. Accessibility of faci

Q : What will be included in illustrations

Illustrations of price floors comprised: (1) agricultural subsidies upon, for example: corn. (2) usury laws, that are limits on the interest rates on loans. (3) utility rate structures upon natural gas or electricity. (4) rent controls in London, San

Q : Minimum average costs Prohibition

Prohibition Corporation could attain minimum average costs for its St. Valentine’s Day software when this produced: (1) 4 million copies. (2) 6 million copies. (3) 8 million copies. (4) 10 million copies. (5) 12 million copies.

Q : Relationship between MPP and APP If MPP

If MPP equivalent to APP, what will you state regarding APP? Answer: APP is at its maximum and steady or constant.

Q : Determine inferior good by income

As in below figure demonstrates how consumption of goods A, B, C, and D varies like a family’s income changes. Of such goods, the only inferior good: (w) good A. (x) good B (y) good C. (z) good D.

Q : Tax cutting affect the economy How does

How does tax cuts affect the economy?

Q : Sustained rates of economic development

Sustained rates of economic development which exceeded population growth rates would: (w) raise the incomes of the poor without reducing anybody else’s income. (x) raise the incomes of everyone in society. (y) boost the incomes of the poor only

Q : Explain who is arbitrageur One who buys

One who buys gold into London and after that sells that instantly in Boston for a higher price is: (1) monopolist. (2) capitalist. (3) speculator. (4) auctioneer. (5) arbitrageur. Can anybody suggest me the proper explanation for g

Q : Negative slope of market-Law of demand

I have a problem in economics on Negative slope of market-Law of demand. Please help me in the following question. The negative slope of the market demand curves for normal goods areleast persuaded by: (i) Diminishing marginal utility. (ii) Inco

Q : Determine total fixed cost This

This profit-maximizing pure competitor’s fixed cost (TFC) can be calculated as area of: (1) 0Phq2. (2) 0bgq2. (3) Pbgh. (4) 0aeq1. (5) daef.

Discover Q & A

Leading Solution Library

Avail More Than 1460538 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1957377
Asked

3,689

Active Tutors

1460538

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment