subject
Business, 30.11.2019 05:50 itzyagirlshy

Consider a small, isolated town in which a brewery faces the following inverse demand: p = 15 - 0.33q. the brewery can produce beer at a constant marginal and average total cost of $1 per bottle. a. calculate the profit-maximizing price and quantity, as well as producer and consumer surplus and the deadweight loss from market power. b. if it were possible to organize the townsfolk, how much would they be willing to pay the brewery to sell beer at a price equal to its marginal cost? c. what is the minimum payment the brewery would be willing to accept to sell beer at a price equal to marginal cost? d. is there potentially a bargain that can be struck between the townsfolk and brewery? what would the deadweight loss be if such a bargain were struck?

ansver
Answers: 3

Another question on Business

question
Business, 30.01.2019 00:30
The capital value (present sale value) cv of property that can be rented on a perpetual basis for r dollars annually is given by
Answers: 3
question
Business, 29.01.2019 21:41
Review the key ethical and social issues over the last five decades and place each on the timeline in chronological order. note that once you complete this part of the question, you will be unable to adjust your answers.
Answers: 3
question
Business, 28.01.2019 23:45
10 points! best/first answer gets brainliest, 5 stars, and a asap! match each term with its description.terms: economy, free enterprise system, producers, consumers, supplydefinitions: (a) the amount of goods and services available for sale.(b) a system in which individuals or businesses may buy, sell, and set prices with little government control.(c) how people produce, distribute, and use goods and services.(d) make or provide goods and services that consumers buy and use.(e) people who buy and use goods and services.
Answers: 3
question
Business, 26.01.2019 03:50
Alamar petroleum company offers its employees the option of contributing retirement funds up to 5% of their wages or salaries, with the contribution being matched by alamar. the company also pays 80% of medical and life insurance premiums. deductions relating to these plans and other payroll information for the first biweekly payroll period of february are listed as follows: wages and salaries $ 2,800,000 employee contribution to voluntary retirement plan 92,000 medical insurance premiums 50,000 life insurance premiums 9,800 federal income taxes to be withheld 480,000 local income taxes to be withheld 61,000 payroll taxes: federal unemployment tax rate 0.60 % state unemployment tax rate (after futa deduction) 5.40 % social security tax rate 6.20 % medicare tax rate 1.45 % required: prepare the appropriate journal entries to record salaries and wages expense and payroll tax expense for the biweekly pay period. assume that no employee's cumulative wages exceed the relevant wage bases for social security, and that all employees' cumulative wages do exceed the relevant unemployment wage bases.
Answers: 3
You know the right answer?
Consider a small, isolated town in which a brewery faces the following inverse demand: p = 15 - 0.3...
Questions
question
English, 14.01.2020 15:43
question
Mathematics, 14.01.2020 15:42
Questions on the website: 6551839