Order the answer to: Suppose Ned’s Beds does not have to lower the price

Order the answer to: Suppose Ned’s Beds does not…

Question	Suppose Nedâ??s Beds does not have to lower the price in order to sell more beds. Specifically, suppose Ned can sell all the beds he wants at a price of $275 per bed. a. What will Nedâ??s MR curve look like? b. In Table, how would you change the numbers in the marginal revenue column to reflect the constant price for beds? c. Using the marginal cost and new marginal revenue numbers in Table, find the number of beds Ned shouldsell.
Subject	business-economics

Question

Suppose Nedâ??s Beds does not have to lower the price in order to sell more beds. Specifically, suppose Ned can sell all the beds he wants at a price of $275 per bed. a. What will Nedâ??s MR curve look like? b. In Table, how would you change the numbers in the marginal revenue column to reflect the constant price for beds? c. Using the marginal cost and new marginal revenue numbers in Table, find the number of beds Ned shouldsell.

Subject

business-economics

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