 , 02.06.2020 20:57 chrisspa13

# Suppose that a monopoly firm finds that its MR is \$68 for the first unit sold each day, \$67 for the second unit sold each day, \$66 for the third unit sold each day, and so on. Further suppose that the first worker hired produces 5 units per day, the second 4 units per day, the third 3 units per day, and so on. Required: a. What is the firmâ€™s MRP for each of the first five workers? b. Suppose that the monopolist is subjected to rate regulation and the regulator stipulates that it must charge exactly \$58 per unit for all units sold. At that price, what is the firmâ€™s MRP for each of the first five workers? c. If the daily wage paid to workers is \$242 per day, how many workers will the unregulated monopoly demand? d. If the daily wage paid to workers falls to \$113 per day, how many workers will the unregulated monopoly demand? e. Comparing your answers to parts c and d, does regulating a monopolyâ€™s output price always increase its demand for resources?    Henry crouch's law office has traditionally ordered ink refills 7070 units at a time. the firm estimates that carrying cost is 4545% of the \$1212 unit cost and that annual demand is about 245245 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal? its action would be optimal given an ordering cost of \$nothing per order (round your response to two decimal place How does knowing about supply and demand If his parents cannot alex with college, and two of his scholarships will be awarded to other students if he does not accept them immediately, which is the best option for him? Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task
Suppose that a monopoly firm finds that its MR is \$68 for the first unit sold each day, \$67 for the...
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