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monopolist’s total cost function is TC = 5+8Q2. What is the monopolist’s profit-maximizing level of output and price? Answer Step 1. Derive the MR and MC functions. Since Q = 100 - 2P‚ P = 50 – (Q/2) TR=P*Q=(50-1/2Q)Q=50Q-1/2Q2 MR=dTR/dQ=50-Q MC=dTC/dQ=16Q Step 2. Set MR=MC and solve for P*‚ Q* MR=MC 50-Q=16Q Q*=2.94 or 3 (rounded) P*=50-1/2Q*=50-1/2*3=48.5 2. Assume a monopolist faces a market demand curve P = 130 – 2Q‚ and has the short-run total cost function TC = 350 + 10Q. (a) What is the
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MT105a Study Notes – J.Fenech Chapter 1/2 – Basics 1. Basic notations 1.1. Sum of: ∑ 1.2. Product of: ∏ 2. Sets A = {1‚2‚3} describes the set A containing members 1‚ 2‚ and 3. A={n | n is a whole number and 1≤n≤3} x A denotes that x is a member of set A S T denotes that S is a subset of T A B is the set whose members belong to either set A‚ set B or both i.e. A B = {x | x A or x B} A B is the intersection of 2 sets where A B = {x | x A and x B} denotes an empty
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Index 1. Statement of Confidentiality 2. Synopsis 3. Introduction: TCS -An Organizational Perspective The Pre-OD Scenario: Our Strengths and Areas of Concern Alignment and Structure at TCS Scenario Building Workshops Goal Alignment & Balanced Scorecard PROPEL – The Intervention: Culture Building at TCS 4. The case of a large relationship at TCS: Team Alignment through PROPEL framework & Spiral Dynamics Value Cards at the Large Relationship Improvements through Measurements/ Initiatives:
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This is to inform you that Tata Consultancy Services (TCS) is a purely merit-based employer. Please make a note of the following points: TCS DOES NOT Send job offers from free internet email services like Gmail‚ Rediffmail‚ Yahoo mail‚ Hotmail‚ and so on. Ask you to deposit any money for giving job offers to Experienced Professionals or Fresh Graduate Trainees. Appoint any agent/agency/company to advertise about TCS Off campus hiring or conduct any employment interviews or make offers of
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Mohit Kasana Contact No: +91 - 9029070090 E-mail: kasana221286@gmail.com Career Objective: To take a challenging post for understanding business change needs‚ assessing the impact of those changes‚ capturing‚ analyzing and documenting requirements and then supporting the communication and delivery of those requirements with relevant parties. Professional summary: 2.8 years of experience in the field of IT
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operates efficiently‚ that is‚ whatever the level of production that the firm chooses‚ that level of production will always be produced at the minimum possible cost. Profit is defined by the difference between total revenue (TR) and total cost (TC). Both TC and TR are functions of quantity. TR is defined as: (price per unit of the good)*(quantity of the good sold). It is a linear function‚ TR=Pq‚ where P equals the price of the good‚ q the quantity sold. The slope of the TR line is P and the price
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Unit 501: Use and Develop systems that promote communication. Evidence: • TC Refresher Training 25/06/13 • Picture Hygiene Chart • Aspergers Training Certificates • Minuets from TC updates • Various support plans (Stated Below) • Pictures of TC boards • Feelings chart for RL In the services that I manage there is a range of individuals with different communication barriers. In Rivendell one of the services‚ I have a gentleman SG with very poor
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2. Some of the growth of knowledge management systems in TCS and how the sytems helped its business are listed as below: KBASES AND GROUPWARE It is a knowledge repository in the corporate and branch servers accessible to all employees through the intranet. It contained wide range of information regarding processes‚ line of technology and the line of business. The groupware was a body which automated various in house systems such as training and many other functions. CLOSELY KNITS COMMUNITIES
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DID CHRYSLER MAKE THE RIGHT OUTSOURCING DECISION? On April 4‚ 2008‚ Tata Consultancy Services (TCS)‚ a leading global information technology services provider‚ announced it had signed a multi-year‚ multimillion dollar outsourcing contract to provide Chrysler LLC with a comprehensive set of information technology services. Was this a good move for Chrysler? Tata Consultancy Services is a unit of the Tata Group‚ and a sister division to Tata Motors‚ a company that will compete in India – and potentially
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