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 431 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 first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Labeling of black cohosh: (b) back label with more health claims and FDA disclaimer Labeling of black cohosh: (b) back label with more health claims and FDA disclaimer
Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ... Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ...
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 ...
Soup’s On! Nutrient claims on the food label must meet strict FDA criteria Soup’s On! Nutrient claims on the food label must meet strict FDA criteria
Percentage of higher-income Canadian households Percentage of higher-income Canadian households
Suicide rates in Canada are more than three times higher for males than for females Suicide rates in Canada are more than three times higher for males than for females
Video: Krebs cycle : Formation of acetyl coenzyme A and Electron transport chain

For a complete list of videos, visit our video library