demand marginal revnue

you want to determine the profit-maximizing quanity for a monopolist. you can ask the firms accountant to draw the firms revenue and cost curves, but each curve will cost you $1,000 from the following... Read More

Apple Inc.

Apple Inc. has made a rare fashion miscalculation: they have produced 8,000 neon green iPods, but have sold almost none. An iPod (of any color) costs $125 to manufacture, and sells for a price of $199... Read More