2. Q2. The demand function for monopolist's product is p= 700 - 29 and the average cost per unit for producing q units is 1000 e= q + 100 + where p and č are in dollars per unit. Find the maximum profit that the monopolist's can achieve.

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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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Q: (3) The demand function for a tablet is given by the model p= 200-16x where p is measured in dollars…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

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A: Solution:-

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Q: 4) If the demand function for a fixed period of time is p = 3000–6g and the supply function before…

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Q: 12) Find the elasticity of demand when the price is 20 for the demand function 10x + 2p = 100

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Q: The monthly demand function for x units of a product sold by a monopoly is p = 5,900 – x dollars,…

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

Q: If, in a monopoly market, the demand function for a product is p = 150 − 0.10x and the revenue…

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Q: A company determines that its demand function is given by p(q) = -0.4q+ 1754 and that its cost…

A: p(q)=-0.4q+1754C(q)=62.97q+3515R(q)=1128000R(q)= q. p(q)R(q)=q (-0.4q+1754 )R(q)=-0.4q2+1754q

Q: 9. Suppose that the demand equation for a monopolist is p = 100 – 0.01.x and the cost function is…

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

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Q: Suppose the cost function of a company for producing a particular commodity is C(x) = 0.000003x³ –…

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A: Refer to the figure shown below:

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A: Hey, since there are multiple subparts posted, we will answer first 3 questions. If you want any…

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Q: The monthly demand function for x units of a product sold by a monopoly is p = 5,700 – x² dollars,…

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Q: The monthly demand function for x units of a product sold by a monopoly is p = 5,200 - dollars, and…

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Q: 2) The demand function for a tablet is given by the model p= 200 – 16.22 where p is measured in…

A: Given, the demand function for a tablet is given by the model p= 200 – 16x2 where p is measured in…

Q: If the demand curve for a particular commodity is p=0.09x+51 and the total cost function…

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Q: 5. Suppose that the inverse demand and inverse supply functions are PD = 10-.2x and ps = 4 + .2√x,…

A: In the given set of question you have asked to answer question number 5 only. Inverse demand and…

Q: (b) Given the demand function P = 120 – 3Q, fixed cost, FC of 50 and variable cost, VC of 5 per unit…

A: Find your answer below

Q: A small business assumes that the demand function for one of its new products can be modeled by  p =…

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Q: (3) The demand function for a tablet is given by the model p 200 – 16x where p is measured in…

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A: Topic = Algebra

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A: According to question given that Demaind Equation p=350-qCost function c=12q2+50q+500 where 50≤q≤120

Q: 7. Find the price per unit p that produces the maximum profit given

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Q: Suppose that the demand equation and the cost function are given by – p = 125 − 0.1q C(q) = 800 +…

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Q: 3. The inverse demand function for a commodity is given by p = 41 -0.33q and the cost of producing…

A: Given the inverse demand function is p=41-0.33q Let revenue function is Rq. So, Rq=pqRq=41q-0.33q2…

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Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.