This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The WWQX Co. sells shirts. Shirts with the company label on the tag are perceived to be of higher ... (Read 432 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Jun 18, 2019
The WWQX Co. sells shirts. Shirts with the company label on the tag are perceived to be of higher quality than shirts with the store's label. Yet, shirts are of identical quality regardless of the label. The demand for perceived high-quality shirts is ph = 80 - qh. The demand for perceived low-quality shirts is . The firm can produce shirts at TC = 2qh + 2ql. How many shirts does the firm label as low quality and how many as high quality? What prices are charged?
◦ ql = 19; qh = 25
◦ ql = 29; qh = 39
◦ ql = 39; qh = 79
◦ ql = 20; qh = 18
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rl on Jun 18, 2019

jesse.fleming

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 18, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


rl

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 18, 2019
Thanks


jesse.fleming

  • Sr. Member
  • ****
  • Posts: 301
Reply #3 on: Jun 18, 2019
Welcome :)


sheilaspns

  • Hero Member
  • *****
  • Posts: 567
Reply #4 on: Jun 18, 2019
The WWQX Co. sells shirts. Shirts with the company label on the tag are perceived to be of higher quality than shirts with the store's label. Yet, shirts are of identical quality regardless of the label. The demand for perceived high-quality shirts is ph = 80 - qh. The demand for perceived low-quality shirts is . The firm can produce shirts at TC = 2qh + 2ql. What prices are charged for the low-quality and for the high-quality shirts?
◦ pl = 35; ph = 28
◦ pl = 17; ph = 45
◦ pl = 31; ph = 41
◦ pl = 51; ph = 41


morrie123456

  • Sr. Member
  • ****
  • Posts: 314
Reply #5 on: Jun 18, 2019
pl = 31; ph = 41


jon_i

  • Hero Member
  • *****
  • Posts: 549
Reply #6 on: Jun 18, 2019
The WWQX Co. sells shirts. Shirts with the company label on the tag are perceived to be of higher quality than shirts with the store's label. Yet, shirts are of identical quality regardless of the label. The demand for perceived high-quality shirts is ph = 80 - qh. The demand for perceived low-quality shirts is . The firm can produce shirts at TC = 2qh + 2ql. What is WWQX Co. total profit?
◦ $2,518
◦ $1,521
◦ $1,875
◦ $2,362


cloudre37

  • Sr. Member
  • ****
  • Posts: 332
Reply #7 on: Jun 18, 2019
$2,362


jon_i

  • Hero Member
  • *****
  • Posts: 549
Reply #8 on: Jun 18, 2019
TY


cloudre37

  • Sr. Member
  • ****
  • Posts: 332
Reply #9 on: Jun 18, 2019
You're welcome


« previous next »
 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Plant cell to Label Plant cell to Label
Community colleges have opened higher education to millions of students who would not otherwise have ... Community colleges have opened higher education to millions of students who would not otherwise have ...
Understanding Food Claims Not all label claims are created equal! Understanding Food Claims Not all label claims are created equal!
Parents who have higher levels of education encourage their children to be educated Parents who have higher levels of education encourage their children to be educated
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ... A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ...
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
Video: Structures that affect circulation - kidneys, blood volume and venous tone

For a complete list of videos, visit our video library