Maximization using TR-TC Approach? Profit Maximization using TR-TC Approach is a method in determining the Profit and the Loss of a certain Company. To obtain the profit maximizing output quantity‚ we start by recognizing that profit is equal to total revenue (TR) minus total cost (TC). Given a table of costs and revenues at each quantity‚ we can either compute equations or plot the data directly on a graph. (Lipsey‚ 2011) Figure 1.Illustration of Profit Maximization using TR-TC Approach. A method
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that can be expressed as TC = 100Q + Q2 + 50. a. Given the above information‚ what is this monopolist’s profit maximizing price and output if it charges a single price? Answer: MR = 520 – 4Q MC = 100 + 2Q 520 – 4Q = 100 + 2Q Q = 70 units of output P = 520 – 2Q = 520 – 2(70) = $380 per unit of output b. Given the above information‚ calculate this single price monopolist’s profit. Answer: Profit = TR – TC TR = P*Q = ($380 per unit)(70 units) = $26‚600 TC = 100Q + Q2 + 50 = 100(70)
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whether the surface is non-selective or selective. Typically we have b = 0.92 for a non-selective surface‚ b = 0.10 for a selective surface. We shall consider a collector with one glass cover. Let Ta = ambient temperature‚ Tb = black plate temperature‚ Tc = glass cover temperature‚
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Alexander Kostov Group 4‚ fac. number: 25452 The Role of Non-Linguistic Factors in Translation Beyond the Linguistic Realm of Translation – The Interaction between Translation and Culture. Translation is by all means a process which aims at cross-cultural transference of sense and messages. It is a specific type of communication which aims at throwing a bridge between the source culture‚ which is responsible for generating the text for translation; and the target culture‚
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Cash Management Cash Cycle Factors that influence the desired level of cash Optimal cash inventories Short-term investment strategies The Manager Managing an entity’s Resources Cash Management Inventory Management Working Capital Management Investment in Human Capital Long-term Assets Accounts Receivable Resource Decisions Investment Decisions Operating Decisions Human Resources Decisions Life cycle effects‚ Business cycle‚ public events‚ etc. Recruitment‚ Selection Training‚ Productivity
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Marriot Case Marriot use the Weighted Average Cost of Capital to estimate the cost of capital for the corporation as a whole and for each division‚ and the hurdle rate is updated annually.(WACC = (1-Tc) * (D/A) * R[D] + (E/A) * R[E]) Marriot’s Tax Bracket = 175.9/398.9 = 44% Division’s asset weight to the corporation: Lodging = 2777.4/4582.7 = 0.59 Contract = 1237.7/4582.7 = 0.28 Restaurant = 567.6/4582.7 = 0.13 Risk free rate is 30 years T-Bond = 8.95% (Lodging use long-term debt)
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As the temperature rise of the heater is converted into a voltage by means of the Seebeck effect which is also temperature-dependent‚ the mean output voltage will therefore differ when dc and low-frequency ac inputs are applied‚ thus leading to an ac–dc transfer difference. 3.2 MULTIFUNCTION CALIBRATOR The Fluke Model 5700A/5720A Series II calibrators are precise instruments that calibrate a wide variety of electrical measuring instruments. These calibrators maintain high accuracy over a wide ambient
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CHAPTER 4 Problems 1‚ 3‚ 4‚ 5 and 7: 1. “In the United States where land is cheap‚ the ratio of land to labor used in cattle raising is higher than that of land used in wheat growing. But in more crowded countries‚ where land is expensive and labor is cheap‚ it is common to raise cows by using less land and more labor than Americans use to grow wheat. Can we still say that raising cattle is land intensive compared with farming wheat? Why or why not? Perhaps‚ but the argument implicit
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total cost of producing different output levels are summarized in the tale below. Complete the table to find the fixed cost‚ variable cost‚ total cost‚ average fixed cost‚ average variable cost‚ and marginal cost at all levels of output. Q FC VC TC AFC AVC ATC MC 0 $15‚000 ----- 100 $300 200 200 300 175 400 225 500 325 600 400 Home Assignment/Drop Box Instructions: Homework is due in the weekly Drop Box by Saturday 5pm. Send homework as a Word attachment
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Continuous stirred tank reactor models Dr. M.J. Willis Dept. of Chemical and Process Engineering‚ University of Newcastle. e-mail: Tel. Written: Updated: mark.willis@ncl.ac.uk 0191 222 7242 November‚ 1998 April‚ 1999; March‚ 2000 Aims and objectives Chemical reactors are the most influential and therefore important units that a chemical engineer will encounter. To ensure the successful operation of a continuous stirred tank reactor (CSTR) it is necessary to understand their dynamic characteristics
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