Table 4-1 Price Firm A’s Quantity Supplied Firm B’s Quantity Supplied Firm C’s Quantity Su
A、4 units.
B、7.5 units.
C、10 units.
D、30 units.
A、4 units.
B、7.5 units.
C、10 units.
D、30 units.
A、Firm A’s only
B、Firm B’s, Firm C’s, and Firm D’s only
C、Firm A’s and Firm C’s only
D、Firm B’s and Firm D’s only
下表给出了一家厂商的单位产品销售价格(单位:美元)和总成本的信息,
(1)填充表中空格。
(2)如果价格从60美元下降到50美元,企业的产量选择和利润将如何变化?
The data in the following table give information about the price (in total ) for which a firm can sell a unit of output and the total cost of production.
a.Fill the blanks in the table.
b.Show what happens to the firm' s output choice and profit if the price of the product falls from$60 to $50.
下表显示了一个以常数边际成本10美元生产的垄断者面临的需求曲线。
(1)计算该厂商的边际收益曲线。
(2)该厂商的利润最大化产量和价格是多少?该厂商的利润为多少?
(3)在一竞争性行业中均衡价格和数量各为多少?
(4)如果该垄断者被迫以完全竞争的均衡价格生产,社会得益是什么?结果是谁获益谁受损?
The following table shows the demand curve facing a monopolist who produces at a constant marginal cost of $ 10.
a. Calculate the firm' s marginal revenue curve.
b. What are the firm's profit - maximizing output and price? What is its profit?
c. What would the equilibrium price and quantity be in a competitive industry?
d. What would the social gain be if this monopolist were forced to produce and price at the competitive equilibrium? Who would gain and lose as a result?
The【40】aim of this kind of advertising is to lure (引诱) customers【41】the store for the purpose of【42】them to buy some other higher price brand. This is called "bait (诱饵) advertising". In【43】the $12.50 vacuum cleaners, the manufacturer whose name was used went to【44】and obtained an order【45】the store to employ the brand name for that purpose.
Why did the managers of the manufacturing【46】go to such lengths to【47】this abuse (恶习) in advertising? They realized that misrepresentation of their firm's name was sure to【48】public confidence in their products. The honest businessman wants to keep his customers【49】so that they will return to buy again and again. He builds good【50】by conducting his business on a【51】of trust and confidence.【52】, he wants other businessmen's advertising, as well as his own, to【53】the public's respect because he realizes that anything that【54】confidence in advertising tends to injure honest advertisers as well as the fraudulent (欺诈的)【55】. That is why businessmen have set up their own agencies to police advertising.
(41)
A.allow
B.supply
C.afford
D.provide
Lavare,local in the Chicago suburbs, is a major manufacturer of stainless steel sinks. Lavare is in the middle of the demand and supply planning exercise for the coming year. Anticipated monthly demand from distributors over the 12 months is shown in Table 9-4. Capacity at Lavare is governed by number of machine operators it hires. The firm works 20 days a month, with a regular operating shift of eight hours per day. Any time beyond that is considered overtime. Regular-time pay is $15 per hour and overtime is $22 per hour. Overtime is limited to 20 hours per month per employee. The plant currently has 250 employees. Each sink requires two hours of labor input. It costs $3 to carry a sink in inventory for a month. Materials cost per sink is $40. Sinks are sold to distributors at a price of $125 each. We assume that no stockouts are allowed and the starting inventory entering January is 5,000 units and the desires ending inventory in December is also 5,000 units. Market research has indicated that a promotion dropping prices by 1 percent in a given month will increase sales in that month by 20 percent and bring forward 10 percent demand from each of the following two months. Thus, a 1 percent drop in price in March TABLE 9-4 Anticipated Monthly Demand at Lavare Month Demand Forecast Month Demand Forecast January 10,000 July 31,000 February 11,000 August 28,000 March 16,000 September 22,000 April 19,000 October 19,000 May 22,000 November 13,000 June 25,000 December 12,000 by 3,000 (=0.2 X 15,000) and shifts 1,800 (=0.1 X 18,000) units in demand from April and 2,500 (=0.1 X 25,000) units from May forward to March. a. What is the optimal production plan for the year if we assume no promotions? What is the cost of this plan? b. It is better to promote in April or July? How much increase in profit can be achieved as a result? c. If sinks are sold for $250 instead of $125., does the decision about the timing of the promotion change? Why?
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