--%>
Assignment Help - homework help

Profit-maximizing price

The profit-maximizing price for “Silver Screen Classic” of Nostalgia DVDs is: (i) $6 per copy. (ii) $10 per copy. (iii) $12 per copy. (iv) $16 per copy. (v) $20 per copy.

950_maximize profit.png

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Market demands in short run Can someone

    Can someone please help me in finding out the accurate answer from the following question. In short run, the market demands are: (1) Stimulated if resource costs increase. (2) Simply estimated employing aggregate data. (3) Positively associated to the

    		•
  • Q : Central bank executes clearing house

    Central bank executes the function of a clearing house. Explain how? Answer: Each and every bank keeps cash reserves with central bank. The claims of banks against

    		•
  • Q : Monopolistically competition A

    A monopolistically competitive firm: (w) confronts a perfectly elastic demand curve. (x) is a price taker. (y) faces stiff competition from many competitors producing close substitutes for its product. (z) consciously considers potential responses by

    		•
  • Q : Process of channeling funds from savers

    Financial intermediation is, largely, the process of: (1) lending money out at interest. (2) spending funds faster than revenues are obtained. (3) channeling funds from savers to dissavers, as well as to investors into economic capital. (4) buying and

    		•
  • Q : Economic idea of pure competition The

    The market circumstances most intimately conforming to the economic idea of pure competition would be as: (w) a broccoli farmer and the national market for broccoli. (x) your local cable company and the consumer market for cable TV. (y) Nissan vs. GM

    		•
  • Q : Purely competitive and monopolistic

    Which one is correct ? A) Both purely competitive and monopolistic firms are "price takers." B) Both purely competitive and monopolistic firms are "price makers." C) A purely competitive firm is a "price taker," while a monopolist is a "price maker." D) A purely compe

    		•
  • Q : Quantity demanded to exceed quantity

    I have a problem in economics on Quantity demanded to exceed quantity supplied. Please help me in the following question. A shortage takes place whenever the current market price causes: (1) Quantity demanded to surpass quantity supplied. (2) Quantity

    		•
  • Q : Integrity and humanitarianism in

    The economic system which depends associatively the least for its effectiveness and overall success on honesty and of members of economically and socially most elite groups in the system are nearly certainly: (1) Oligarchintegrity and hum

    		•
  • Q : Maximum economic profit operates in new

    When this competitive firm operates at point d in demonstrated graph, in that case this: (w) could increase profits by expanding output to q5. (x) maximizes economic profit [ as area P2P1de], but these profits will eva

    		•
  • Q : Monopolist maximizes the profit in

    When a monopolist maximizes profit in the product market, then it will: (i) Hire the labor till the marginal revenue product equivalents marginal resource cost. (ii) Hire the labor till the value of marginal product equivalents marginal resource cost. (iii) Pay a wage

    		•