--%>
Assignment Help - homework help

Profit-maximizing decision to operate output

Babble-On maintains world-wide patents for software which translates any of three-hundred-thirteen spoken languages within text, along with automatic audio and text translations within any of the other three-hundred-thirteen languages. Babble-On's profit-maximizing conclusion would be to operate at output: (1) q1 and price P2. (2) q2 and price P5. (3) q3 and price P1. (4) q4 and price P3. (5) q5 and price P2.

528_Market Power.png

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

   Related Questions in Microeconomics

  • Q : Demand function Normal 0 false false

    Normal 0 false false

    		•
  • Q : Price discriminate maximizes joint

    When a successful cartel which cannot price discriminate maximizes the joint profits of its members: (1) the marginal social benefits of additional output exceed the marginal social costs of output. (2) this is impossible for any consumer to gain with

    		•
  • Q : Problem on Marginal resource costs Can

    Can someone help me in finding out the right answer from the given options. The synonymous words marginal factor costs or the marginal resource costs signify to the: (i) Cost incurred in generating an additional unit of capital. (ii) Cost to the resource owner of secu

    		•
  • Q : Reduces total production cost and raise

    Assume that Joe discovers the price elasticity of market demand to be 0.8 for Joe’s additional fancy dehydrated water at the present price of $10 per barrel. Every barrel averages $2 to generate. Joe can: (w) increase his profits by 80% if he in

    		•
  • Q : Problem on decline of demand The

    The automakers slashed prices and gave ‘zero percent financing’ throughout the year 2001-2003 recession. An expected outcome was: (1) The decline in the demand for utilized cars. (2) enhanced maintenance of older cars by their owners. (3) Buyers purchasing

    		•
  • Q : Marginal cost of capital What do you

    What do you mean by the marginal cost of capital?

    		•
  • Q : Simple circular flow model The simple

    The simple circular flow model illustrates that: A) households are on the buying side of both product and resource markets. B) businesses are on the selling side of both product and resource markets. C) households are on the selling side of the resource market and on

    		•
  • Q : Slopes of demand and supply curves The

    The slopes of demand and supply curves are frequently: (w) misleading as guides to price elasticities. (x) independent of the units measuring changes in price and quantity. (y) highly dependent upon each other. (z) used to forecast changing consumer t

    		•
  • Q : Exploitation and the wage rate problem

    Assume a neither firm possessesing both the monopsony power as an employer and market power in its output market, however which can neither wage discriminate nor the price discriminate. In equilibrium, in its labor market for the workers, the following variables the m

    		•
  • Q : Quantity supply according to Law of

    Can someone please help me in finding out the accurate answer from the following question. The law of supply defines that at: (1) Higher prices greater quantities will be supplied. (2) Lower prices greater quantities will be supplied. (3) Lower prices supply shifts to

    		•