--%>
Assignment Help - homework help

Marginal costs for producing and selling

Monsieur Cournot has a monopoly on an artesian well from that flows tasty spring water along with medicinal properties. To ignore variable costs, he insists which customers bring their own pails as well as fill them individually. Cournot’s business policies give in marginal costs for producing and selling artesian spring water which equal: (1) €8 per liter. (2) €6 per liter. (3) €4 per liter. (4) €2 per liter. (5) zero.

522_Elasticity and Total Revenue.png

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Economic Capital verses Financial

    Your construction company currently bought a bulldozer on credit. By the perspective of your lender, and your firm’s IOU for this bulldozer is an illustration of: (1) a liability. (2) economic capital. (3) total variable cost. (4) capitalization. (5) financial c

    		•
  • Q : Corporations account problem I have a

    I have a problem in economics on Corporations account problem. Please help me in the following question. The Corporations account for roughly ______ of U.S. business revenues. (i) 1/4. (ii) 1/2. (iii) 1/6. (iv) 5/6. (e) All the above.

    Q : Elimination of discrimination In the

    In the following diagram, the elimination of discrimination is best depicted by: 1) a move from C to E. 2) an inward shift of the production possibilities curve. 3) a move from A to D. 4) a move from E to C.

    Q : Determine prices for demand of buyers

    Buyers' demand prices would be ____ and sellers' supply prices would be ____ when the U.S. restricted car imports to Q1. (w) P2 and P1. (x) P0 and P2. (y) P0 and P

    		•
  • Q : Determinants of demand affect the price

    For a particular product how do the determinants of demand affect the price?

    		•
  • Q : Definition of Craft Unions I have a

    I have a problem in economics on Craft Unions. Please help me in the following question. The craft union: (i) Is organized about a specific skill. (ii) Bargains for all the workers in a specific industry. (iii) Represents the workers, whereas an indus

    		•
  • Q : Maximizing profit regardless magnitude

    Assume that Monsieur Cournot cannot price discriminate although is intent on maximizing profit. Apart from of the magnitude of variable costs, Cournot would certainly not try to sell: (w) the output corresponding to p

    		•
  • Q : Definition of Collective Bargaining The

    The procedure in which employers and unions agree to labor contracts which govern work arrangements is termed as: (i) Arbitration. (ii) Codependency. (iii) Bilateral monopoly. (iv) Joint profit maximization. (v) Collective bargaining.

    Q : Private demands and supplies to assign

    Reliance on private demands and supplies to assign goods and resources is least certain to outcome an economically ineffective solution just because: (i) Producers encompass monopoly power. (ii) A good is non-rival and non-exclusive. (iii) Consumption

    		•
  • Q : Elasticity Which of the statements

     Which of the statements regarding elasticity is correct? A) Supply is more elastic in the short run than in the long run. B) Demand is more elastic in the short run than in the long run. C) Demand is more elastic when a large number of substitute goods are avail

    		•