Question: QUESTION 3 126 You are considering starting your own economic consulting operation, which you pla…

30 Apr Question: QUESTION 3 126 You are considering starting your own economic consulting operation, which you pla…

Posted at 23:20h in 2Past Paper by Exams

QUESTION 3 126 You are considering starting your own economic consulting operation, which you plan to call MacroCon Sdn Bhd. Your firm will “sell” economic newsletters that foretell the macroeconomic future for Gross National Product (GNP) interest rates, stock prices, gold prices, and the value of the dollar versus the Yen. Demand for the MacroCon Newsletter is expected to be: Q- 581 – P, where Q is the number of newsletters sold and P is the price. The costs of producing newsletters is: TC 35 0.5Q2 20Q+ a. Find total profit function, and find the first derivative of total profit with respect to quantity. 2 Marks] b. What is the optimal price to sell these MacroCon Newsletters? 1 Markl c. If the price were $394 and the number of newsletters sold [1 Markl Total: 10 Marks] by MacroCon was 187, would MacroCon be profitable?

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.

Do you need an answer to this or any other questions?

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.

Hire a tutor today CLICK HERE to make your first order

Print page