Profit maximizing quantity
π (Q) = TR(Q) − TC(Q) .............(1)
(Economic profit) = (sales revenue) – (economic costs)
(Accounting profit) = (sales revenue) – (accounting costs)
Deriving Marginal Revenue Curve:
Amoroso-Robinson Formula:
Since demand curve is downward sloping, ε D is always positive. So MR is lower than AR (average revenue, i.e. Price). MR < P .
Ifε D = ∞(horizontal demand, infinitely elastic demand, or Q = 0), MR = AR(= P) .
Marginal Revenue, Price Elasticity and Total Revenue:
Profit Maximization: Revisited
a) Oversimplification problemb) Any alternative ways?c) Asymmetric Information
Latest technology based Microeconomics Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Microeconomics help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Microeconomics, project ideas and tutorials. We provide email based Microeconomics help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Microeconomics. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Microeconomics Homework help and assignment help services. They use their experience, as they have solved thousands of the Microeconomics assignments, which may help you to solve your complex issues of Microeconomics. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
identify the fault occurred in am radio receiver (50 hz hum sound) and rectified it
tutorsglobe.com programming in assembly assignment help-homework help by online computer programming tutors
www.tutorsglobe.com offers Preparing Process Cost Accounts homework help, assignment help, case study, writing homework help, online tutoring assistance by accounting tutors.
tutorsglobe.com characteristics of streptococcus pyogenes assignment help-homework help by online streptococcus pyogenes tutors
The ground / fundamental tissue system comprises the plants’ main body. It comprises all the tissues apart from epidermis and vascular bundles.
tutorsglobe.com seed assignment help-homework help by online flowers fruits and seeds tutors
Living Organisms tutorial all along with the key concepts of Classifications of Living Organisms, Hierarchy of Living Organisms, Binomial Nomenclature, Kingdoms of Living organisms, Kingdom Plantae and Kingdom Animalia
tutorsglobe.com symptoms of staphylococci assignment help-homework help by online staphylococcal infections tutors
Acid-Base Titration tutorial all along with the key concepts of Classification of Solvents, Monitoring pH changes, Titration of Strong Acid against Strong Bases, Titration of weak Acids against Strong Bases, Detecting the End Point with Indicator
Nitrogen Cycle and Phosphate Fertilizers tutorial all along with the key concepts of Nitrogen Cycle in Nature, Nitrogen Fixation, Phosphate Fertilizers and Anomalous behavior of Nitrogen
inherent limitations in accounting, homework help, assignment help by online tutors. get solved accounting questions by tutors.
Get the best Nonlinear System Assignment Help service from subject matter experts at fair prices and score A++ grades with authentic papers.
Modern Physics tutorial all along with the key concepts of Photon and the Atom, Bohr Atom, X-rays, X-ray Spectra, X-ray Tube, Nature and Properties of X-rays and Uses of X-rays
tutorsglobe.com tools of genetic engineering assignment help-homework help by online genetic engineering tutors
Einstein Postulates and Lorentz Transformation tutorial all along with the key concepts of Einstein's Postulates, Simultaneity, Lorentz Transformation, Relativity of Simultaneity, Symmetry of Relations, Importance of Lorentz factor, Invariance of Maxwell's Equation
1940697
Questions Asked
3689
Tutors
1472572
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!