business economic – 2

1- Prepare a report mentioning the different objectives for the new startup company Careem.
2- Describe General theories and business economic theories
3- AL Rash insurance offers mail-order automobile insurance to preferred-risk drivers in Dubai. The company is the low-cost provider of insurance in this market but does not believe its $750 annual premium can be raised for competitive reasons. Its rates are expected to remain stable during coming periods; hence, P = MR = $750. Total and marginal cost relations for the company are as follows:

TC = $2,500,000 + $500Q + $0.005Q2
MC = $500 + $0.01Q

a. Calculate the profit-maximizing activity level.
b. Calculate the company’s optimal profit.

You can place an order similar to this with us. You are assured of an authentic custom paper delivered within the given deadline besides our 24/7 customer support all through.