Top Research Professionals
The research experts and assignment help team consists exclusively of highly qualified graduate writers, each professional with in-depth subject matter expertise and significant experience in custom academic writing.
Boost Your Final Grades By Ordering Custom Writing Help!
For similar papers and sample answers; with a few clicks, Order your research paper, thesis, dissertation writing and other assignment help services
Posted: November 19th, 2022
ECN210-1 Module 5: Critical Thinking
• ECN210-1
• Assignments
• Module 5: Critical Thinking
Option #1: Cookies Part II
Refer back to the cost calculations from your module 4 assignment (the original calculations with the $30 fixed costs). Your cookies are sold in a perfectly competitive market with a market price of $5 per dozen.
• Calculate the profit-maximizing quantity of dozens of cookies for your cookies.
• Calculate the level of profit earned at that level of production.
• Now repeat the previous steps but with the $15 fixed costs calculations.
• Compare the results.
Now assume you have a monopoly with your cookies with the following demand curve $10 per dozen for one dozen, $9 per dozen for two dozen, $8 per dozen for three dozen, $7 per dozen for four dozen, $6 per dozen for five dozen, $5 per dozen for six dozen, $4 per dozen for seven dozen, $3 per dozen for eight dozen, $2 per dozen for nine dozen, and $1 per dozen for ten dozen. Start with the costs calculated with the $30 fixed costs.
• Calculate the profit-maximizing quantity of dozens of cookies for your cookies.
• Calculate the level of profit earned at that level of production.
• Now repeat the previous steps but with the $15 fixed costs calculations.
• Compare the monopoly results.
Bring all your results together.
• Compare the perfect competition and monopoly results.
Adhere to the following standards:
• Your paper should be 3-4 pages in length, not including the title or references pages.
• Include at least 3 scholarly references.
• The Economics Library Guide (Links to an external site.) is a good tool to use to start your research (sources such as The Balance, EconomicsHelp.org, Investopedia, and similar websites are not acceptable).
• Review the grading rubric for Module 5.
• Be sure to follow the CSU Global Writing Center (Links to an external site.) for your citations.
Why Choose our Custom Writing Services
We prioritize delivering top quality work sought by college students.
Discounted Pricing
Our custom writing services maintain the highest quality while remaining affordable for students. Our pricing for research papers, theses, and dissertations is not only fair considering the superior quality but also competitive with other writing services.
0% Similarity Index
We guarantee plagiarism-free, human-written content. Every product is assured to be original and not AI-generated. Our writers, tutors and editors are research experts who ensures the right formating and citation sytles are followed. To note, all the final drafts undergo rigorous plagiarism checks before delivery for submission to ensure authenticity for our valued customers.
How it works
When you decide to place an order with Dissertation Help, here is what happens: