For Jane the Tutor
For Jane the Tutor
homework help
For Jane the Tutor
Problem 1:
Robert’s New Way Vacuum Cleaner Company is a newly started small business that produces vacuum cleaners and belongs to a monopolistically competitive market. Its demand curve for the product is expressed as Q = 5000 – 25P where Q is the number of vacuum cleaners per year and P is in dollars. Cost estimation processes have determined that the firm’s cost function is represented by TC = 1500 + 20Q + 0.02Q2.
Show all of your calculations and processes. Describe your answer for each question in complete sentences, whenever it is necessary.
What are the profit-maximizing price and output levels? Explain them and calculate algebraically for equilibrium P (price) and Q (output). Then, plot the MC (marginal cost), D (demand), and MR (marginal revenue) curves graphically and illustrate the equilibrium point.
Problem 2:
Greener Grass Company (GGC) competes with its main rival, Better Lawns and Gardens (BLG), in the supply and installation of in-ground lawn watering systems in the wealthy western suburbs of a major east-coast city. Last year, GGC’s price for the typical lawn system was $1,900 compared with BLG’s price of $2,100. GGC installed 9,960 systems, or about 60% of total sales and BLG installed the rest. (No doubt many additional systems were installed by do-it-yourself homeowners because the parts are readily available at hardware stores.)
GGC has substantial excess capacity–it could easily install 25,000 systems annually, as it has all the necessary equipment and can easily hire and train installers. Accordingly, GGC is considering expansion into the eastern suburbs, where the homeowners are less wealthy. In past years, both GGC and BLG have installed several hundred systems in the eastern suburbs but generally their sales efforts are met with the response that the systems are too expensive. GGC has hired you to recommend a pricing strategy for both the western and eastern suburb markets for this coming season. You have estimated two distinct demand functions, as follows:
Qw =2100 – 6.25Pgw + 3Pbw + 2100Ag – 1500Ab + 0.2Yw
for the western market and
Qe = 36620 – 25Pge + 7Pbe + 1180Ag – 950Ab + 0.085Ye
for the eastern market, where Q refers to the number of units sold; P refers to price level; A refers to advertising budgets of the firms (in millions); Y refers to average disposable income levels of the potential customers; the subscripts w and e refer to the western and eastern markets, respectively; and the subscripts g and b refer to GGC and BLG, respectively. GGC expects to spend $1.5 million (use Ag = 1.5) on advertising this coming year and expects BLG to spend $1.2 million (use Ab = 1.2) on advertising. The average household disposable income is $60,000 in the western suburbs and $30,000 in the eastern suburbs. GGC does not expect BLG to change its price from last year because it has already distributed its glossy brochures (with the $2,100 price stated) in both suburbs, and its TV commercial has already been produced. GGC’s cost structure has been estimated as TVC = 750Q + 0.005Q2, where Q represents single lawn watering systems.
Show all of your calculations and processes. Describe your answer for each item below in complete sentences, whenever it is necessary.
Derive the demand curves for GGC’s product in each market.
Post your response to the following: What is a WAN? Locate an example of a typical WAN setup and describe the components. Provide original picture, chart, or image if possible.
For a given nation, suppose the table shows the relationship between real consumption and real disposable income (real GDP):
Questions 29 – 31: For each of the following, describe the change in CONSUMPTION (Write DECREASE or INCREASE.) that would result from each of the following changes in determinants. Assume that nothing else is changing besides the identified determinant.
Questions 32 – 34: For each of the following, describe the change in INVESTMENT (Write DECREASE or INCREASE.) that would result from each of the following changes in determinants. Assume that nothing else is changing besides the identified determinant.
Questions 35 – 39: For each of the following, give the way in which each of the following determinants would have to change (Write DECREASE or INCREASE.) if it was causing a DECREASE in AGGREGATE DEMAND. Assume that nothing else is changing besides the identified determinant.
Questions 40 – 43: For each of the following, describe the change in aggregate supply (Write DECREASE or INCREASE.) that would result from each of the following changes in determinants. Assume that nothing else is changing besides the identified determinant.
Questions 44-46: Explain each of the following outcomes as the result of a shift in AGGREGATE DEMAND or AGGREGATE SUPPLY. (IT CAN BE ONLY ONE!) Also, GIVE the direction of the shift (Write DECREASE or INCREASE).
Questions 49 – 50: For each of the following, assume the economy is currently at the equilibrium level of real GDP. Suppose you are asked to provide a solution for the American President to the following problems:
I NEED HELP WITH THIS ASSIGNMENT, I NEED THIS QUESTIONS ANSWERED THEY ARE BASED ON
Amino Acids
Neurotransmitter 3 | State if this neurotransmitter is inhibitory or excitatory: | |
Amino Acids p. 121 |
| |
What is this neurotransmitter’s role on behavior? |
| |
| ||
Pharmacological agent prescribed to increasethe neurotransmitter: | List three possible side effects linked to this agent: | |
| 1) | |
2) | ||
3) | ||
Example of a neurological disorder, disease, or condition where this agent occurs | List possible risks associated with not taking this agent for the disorder, disease, or condition: | |
| ||
Pharmacological agent prescribed todecreasethe neurotransmitter: | List three possible side effects linked to this agent: | |
| 1) | |
2) | ||
3) | ||
Example of a neurological disorder, disease, or condition where this agent occurs | List possible risks associated with not taking this agent for the disorder, disease, or condition: | |
| ||
For this discussion, choose an issue that you wrote about previously in this course (either your Toulmin or Rogerian essay). Let the class know your previous claim and briefly how you proved this claim in your essay. After this brief review discussion, discuss how you would have approached this particular topic if you were to write a middle ground argument, instead of a Toulmin or Rogerian argument. Would you have adjusted your claim? If so, what sort of adjustment would you need? Would you have to find additional sources about your topic in order to prove this new claim? Is a middle ground solution a more practical solution to your chosen issue?
The new chief executive officer (CEO) of your company is a strong believer in the four functions of management theory. In preparation for a management meeting, he has asked you to write a report that he can use to explain the theory to his management team. In the report, he would like to see some specific examples of firms that practiced these four functions. For a company with which you are familiar, use each of the four functions to do the following:
If you do not have any firsthand experiences, ask friends or colleagues for anecdotes or search the Web for specific, real-life examples.
Specifically regarding the controlling function of management, answer the following questions:
Please include in the paper:
APA format
500-700 Words
100% plagarism free
3 references with citations
Thank You!
What is logistics? How do companies use logistics to manage daily operations? Why have companies been outsourcing logistics to 3PL Providers?
Eazyweezyhomeworks.com is a custom writing service that provides online on-demand writing work for assistance purposes. We are using Google Analytics to enhance your experience. No personal data is being tracked.
Using this service is LEGAL and IS NOT prohibited by any university/college policies. You are allowed to use our model academic papers for revision purposes only
mail:
support@acegraderesearch.com
WhatsApp:
Phone: +1 (5188) 418-5947