Question

For a monopolist, the unit cost of manufacturing a product is $3 and the demand equation is p= Va. What price will give the greatest profits?

299

likes
1494 views

Answer to a math question For a monopolist, the unit cost of manufacturing a product is $3 and the demand equation is p= Va. What price will give the greatest profits?

Expert avatar
Hester
4.8
116 Answers
Así es como se puede determinar el precio que generará la mayor ganancia para el monopolista: **1. Comprender los conceptos** * **Beneficio:** Ingresos totales menos costo total (Beneficio = TR - TC) * **Ecuación de demanda:** En este caso, la ecuación de demanda muestra una relación inversa entre el precio (p) y la cantidad demandada (implícita en 'a'). A medida que aumenta el precio, la cantidad demandada disminuye. * **Monopolista:** Un monopolista tiene el poder de fijar precios para maximizar sus ganancias. **2. Configurando las ecuaciones** * **Ingresos Totales (TR):** Precio (p) * Cantidad (q). Pero necesitamos expresar la cantidad en términos de precio usando la ecuación de la demanda. Como p = Va, podemos resolver para q: q = p/V * TR = p * (p/V) = p²/V * **Costo total (CT):** Costo unitario ($3) * Cantidad (q) * TC = 3q = 3(p/V) * **Ganancia:** * Beneficio = TR - TC = (p²/V) - (3p/V) **3. Encontrar el precio óptimo** Para maximizar las ganancias, un monopolista producirá donde el ingreso marginal (MR) sea igual al costo marginal (MC). Encontremos esos: * **Ingreso Marginal (MR):** La derivada de TR con respecto a p: MR = (2p/V) * **Costo Marginal (MC):** La derivada de TC con respecto a p: MC = (3 / V) **4. Ajuste MR = MC** * (2p/V) = (3/V) * 2p = 3 * p = 3/2 = $1.50 **5. Considerando la ecuación de la demanda** La ecuación de la demanda (p = Va) implica que 'V' es una constante que representa la pendiente de la curva de demanda. Necesitaremos el valor de 'V' para calcular un precio específico. Si V es muy pequeño, incluso el precio óptimo de 1,50 dólares puede no dar como resultado una ganancia positiva. **En resumen** * El precio de 1,50 dólares dará las mayores ganancias al monopolista, pero sólo si la curva de demanda permite una ganancia positiva dada la estructura de costos. Necesitará un valor para 'V' en la ecuación de demanda para obtener una respuesta más definitiva.

Frequently asked questions (FAQs)
What property of congruent triangles can be used to prove triangle ABC ≅ triangle DEF?
+
What is the Pythagorean theorem and how can it be used to find the hypotenuse of a right triangle?
+
What is the vertex form of the quadratic function f(x) = x^2 and what does it represent?
+
New questions in Mathematics
A sample is chosen from a population with y = 46, and a treatment is then administered to the sample. After treatment, the sample mean is M = 47 with a sample variance of s2 = 16. Based on this information, what is the value of Cohen's d?
12-6x=4x+2
A hotel in the Algarve had to offer 1 week of vacation to one of its employees as an Easter gift in a random choice. It is known that 80 people work in this hotel unit, 41 of whom are Portuguese and 39 are foreign nationals. There are 14 Portuguese men and 23 foreign women. Using what you know about conditional probability, check the probability that the gift was offered to a Portuguese citizen, knowing that it was a woman.
How many percent is one second out a 24 hour?
Find the measures of the sides of ∆KPL and classify each triangle by its sides k (-2,-6), p (-4,0), l (3,-1)
There are four times as many roses as tulips in Claire’s garden. Claire picked half of the number of roses and 140 roses were left in the garden. How many roses and tulips were in the Garden the first?
A study reports the following final notation: F (3, 32) = 9.50, p < .05. How many total participants were involved in this study? Group of answer choices 34 32 36
Solve : 15/16 divide 12/8 =x/y
find f(x) for f'(x)=3x+7
Is -11/8 greater than or less than -1.37?
Scores are normally distributed with a mean of 25 and standard deviation of 5. Find the probability that sixteen randomly selected students have a mean score that is less than 24.
There are 3 orchards, a, b and c. Orchard a has 60 fewer trees than orchard b orchard c has 3 times as many trees as orchard b. If the three orchards have 430 trees altogether, how many trees does orchard c have?
9.25=2pi r solve for r
Determine the Linear function whose graph passes through the points (6, -2) and has slope 3.
Associate each 2nd degree equation with its respective roots. A) x2+6x+8=0 B)x2-5x-6=0
The mean of 4 numbers is 5 and the mean of 3 different numbers is 12. What is the mean of the 7 numbers together? Produce an algebraic solution. Guess and check is acceptable.
To paint a 250 m wall, a number of workers were employed. If the wall were 30 m longer, 9 more workers would be needed. How many were employed at the beginning?
The perimeter of a rectangular rug is 42 feet. The width is 9 feet. What is the length?
Define excel and why we use it?
f(r) = 1/r+9 find f(x^2) + 1