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 407 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?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

The risk of dying before the age of 65 gets lower as family income gets higher. The risk of dying before the age of 65 gets lower as family income gets higher.
Conscientiousness is negatively correlated with a number of health-related behaviors. The higher the ... Conscientiousness is negatively correlated with a number of health-related behaviors. The higher the ...
Draw and label a diagram and explain how a factor-dependent transcription (rho-dependent) terminator Draw and label a diagram and explain how a factor-dependent transcription (rho-dependent) terminator
This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ... This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ...
A Structure/Function Label Claim A Structure/Function Label Claim
Helgeson Company has identified the following items for possible inclusion when taking a ... Helgeson Company has identified the following items for possible inclusion when taking a ...
Video: Buffers definition and the role of buffer in the body

For a complete list of videos, visit our video library