23 Jul AT THE PROFIT-MAXIMIZING QUANTITY WHAT IS THE AVERAGE TOTAL COST OF PRODUCING E-BOOKS?
A firm that sells e-books(books in digital form downloadable from the Internet) sells all e-books re Show more A firm that sells e-books(books in digital form downloadable from the Internet) sells all e-books relating to do-it-yourself topics such as home plumbinggardening and the like at the same price. At present the company can earn a maximum annual profit of $25000 when it sells 10000 copies within a years time. The firm incurs a 50-cent expense each time a consumer downloads a copy but the company must spend $100000 per year developing new editions of the e-books. The company has determined that it would earn zero economic profits if price were equal to average total cost and in this case it could sell 20000 copies. Under marginal cost pricing (p=MC) it could sell 100000 copies. a) In the short run what is the profit-maximizing price of e-books relating to do-it-yourself topics? b) At the profit-maximizing quantity what is the average total cost of producing e-books? Show less
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.