1.  The following table depicts the daily output, price, and costs of a monopoly dry cleaner located near the campus of a remote college town. (See page 540.)

1.     Compute revenues and profits at each output rate.

2.     What is the profit-maximizing rate of output?

3.     Calculate the dry cleaner’s marginal revenue and marginal cost at each output level. What is the profit-maximizing level of output

Please back up you comments from peer reviewed articles and research on this subject.   Please cite the research, as well as a reference page at the end of the assignment.

 Assignment 2    200 words in each question

Following questions are meant to help you discover essential knowledge regarding the project management process. Discuss each of these questions in a written paper. About 200-300 words should be sufficient for each question. This will provide an intelligible learning review and add to substantially to your knowledge base. Upload your answers to Moodle for review by the course professor. Submission will be worth 50 points towards the week’s grade.

 Outline your knowledge of how management practices have evolved since the 1900s to today.

Recognize the impact of Tuckman’s Stages of Team Development.

Identify the different conflict resolution strategies.

Review project meeting best practices.

Point out how to effectively communicate with stakeholders, and describe the different leadership theories that can motivate team members.

Additional References

Note: when doing these exercises you may find relevant content in your book that is not covered in the reading assignment. Use your book as a reference source as well as reading the weekly assigned chapters.