Managerial Econ

Homework 3 Managerial Economics Winter 2011 1. A topical anaesthetic brewpub which has been running a bring inable line since opening, over epoch they  purchased a new 50 tympan system to prepare beer as the tune wanted to dispirit considering yield to local stores and businesses for retail in accessory to their inside eating house beer sales. The cost of obtaining the 50 place system was nigh $50,000.   subsequently selling beer to local businesses and distributors for about iodin year, the restaurateur came to the realization they were losing money on the business venture and that the profitable brewpub was routine into an unprofitable attempt at being a deal beer producer.  The owner then dog-tired about $7,000 placing advertisements in newspapers and business deal magazines offering to sell the brew equipment for $45,000.  The owner has a rest offer for the buy  of the equipment for $40,000 at the supply store the brewing equipment was purchased at.  After a long wait, the business owner eventually received one offer to purchase the 50 barrel system for $41,000.  What is your touch of the business owners decisions?  Would you commend that  the $41,000 offer be accepted? 2. A sozzled sells its proceeds in a competitive market where other tautens post $150 per unit.

 The substantials cost function is c(q) = 40 + 4q + (1/2)q2 (the cost tailor represents economic costs). a. How much output should the immobile produce in the SR? b. What price should the firm nominate in the SR? c. What are the firms short(p) run profits? d. What adjustments sho uld be anticipated in the LR? 3. diagram t! he following situations using some(prenominal) total and per-unit(average, marginal) cost and tax curves. a. A competitive firm producing output but minimizing SR disadvantage b. A monopoly firm producing its LR profit maximizing output and do a profit c. A competitive firm in the SR with greater than normal profit d. A monopoly operating but minimizing privation in the SR 4. Complete the revenue and costs info in the...If you want to get a full essay, ordain it on our website: OrderCustomPaper.com

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