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Author Question: The WWQX Co. sells shirts. Shirts with the company label on the tag are perceived to be of higher ... (Read 410 times)

rl

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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
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Marked as best answer by rl on Jun 18, 2019

jesse.fleming

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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.
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rl

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Reply #2 on: Jun 18, 2019
Thanks


jesse.fleming

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Reply #3 on: Jun 18, 2019
Welcome :)


sheilaspns

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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

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Reply #5 on: Jun 18, 2019
pl = 31; ph = 41


jon_i

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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

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Reply #7 on: Jun 18, 2019
$2,362


jon_i

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Reply #8 on: Jun 18, 2019
TY


cloudre37

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Reply #9 on: Jun 18, 2019
You're welcome


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