. In Box City, Clear Vision, Inc. has a monopoly as the only cable television carrier in the city. (Assume for purposes of this question that Clear Vision is not regulated.) Suppose that demand for cable service is given by P = 28 â 0.0008Q , where Q is total market quantity of units of service and P is price per unit of service. Assume that Clear Visionâs short-run total cost function is given by TC = 120,000 + 0.0006Q2, and that Clear Visionâs corresponding marginal cost function is given by MC = 0.0012Q . (a) Find Clear Visionâs profit-maximizing output and price. Determine the resulting profit for Clear Vision. (b) Suppose that Box City imposes a (specific) tax of t = $1 per unit of service. Find Clear Visionâs new profit-maximizing output, price, and profit. (Recall that in class we went over how a tax of this sort alters the total cost function and marginal cost function.)
Osteoarthritis versus rheumatoid arthritis Essay
Question 1: Describe the diagnostic criteria of osteoarthritis versus rheumatoid arthritis Osteoarthritis (OA) and rheumatoid arthritis (RA) are distinct forms of arthritis, each possessing unique diagnostic criteria. Osteoarthritis, a degenerative joint disease, primarily affects cartilage, the protective tissue cushioning the ends of bones. Its diagnosis often involves a combination of physical examination findings, imaging studies, […]
