10. A commodity has a demand function modeled by p = 36-4x, and a total cost function modeled by C= 2x +6, where x is the number of units. (a) What price yields a maximum profit? (b) When the profit is maximized, what is the average cost per unit?

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Q: 3. The demand curve of the firm is p=1200-21q and its total cost is c(q)=2q^3 - 66q^2 + 600q +1000…

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A: Given           Demand function , P = 190-0.8x           Rosenue function R = px           R = px…

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A: We have to maximize our profit.

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Q: 5. Suppose that the marginal propensity to save is as TAVA (in billions of dollars) 3y+7 0.2- dy and…

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Q: 2. A commodity has a demand function modeled by p= 500–0.5x , and a total cost function modeled by…

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A: Since you have posted a question with multiple sub parts. We will solve the first three sub parts…

Q: Hi, please help me, thank you  If the supply and demand functions for a commodity are given  p -…

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A: Note:- Since you have asked multiple question As per our policy, we will solve the first question…

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Q: 1. Suppose the supply function for a certain video game is given by the equation 35р - 3х %3D 1050…

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Q: price

A: At Equilibrium, Demand = Supply,

Q: commodity has a demand function modeled by p = 111 - 0.5x and a total cost function modeled by C =…

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Q: Suppose the demand function for a product is p(x)=400−(1/10000)x^3. If the price is set at 300, what…

A: p(x)=400−(1/10000)x^3 when x = 0 p = 400 When p* = 300; let's say x = x* then 300 = 400 -…

Q: A demand function for a product is P = 100 – 2.2Q and its supply function is P = 2.8Q, where P is…

A: Solution

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Q: 6. Suppose a certain commodity has supply equation p 8x+25 and demand equation p=-x- 2x+100, where x…

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Q: If, in a monopoly market, the demand function for a product is p = 190 − 0.50x and the revenue…

A: Given, p = 190 − 0.50x and R = px

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A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

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Q: (3) The demand curve of a firm is p=1200- 21lq and its total cost is C(q) = 2q' -66q* + 600q + 1000…

A: The demand curve and the total cost function of a firm is given by, p=1200−21qCq=2q3−66q2+600q+1000…

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