5. If the demand function of a good is P = J(1000 - 4Q) find the value of O which maximises total revenue.

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…

A:

Q: If TC=0.01x²+5x+100 is the cost function for x items of a product, at what level of production, x is…

A: As per the question we have to minimise the cost function Tc and find its minimum value as well as…

Q: maximum profit occurs when x =

A:

Q: If consumption is $7 billion when disposable income is $0, and if the marginal propensity to consume…

A: It is given that the consumption is $7 billion when disposable income is $0 and marginal propensity…

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

A: Given that the inverse demand and inverse supply functions are pD=10-0.2x and pS=4+0.2x, where x is…

Q: Suppose that a price-demand function is given by P(x)=100+10x−4x2. Calculate the marginal revenue…

A: Calculation:The price demand function is P(x) = 100+10x – 4 x^2.In order to calculate the marginal…

Q: 4. The research department for a hardware chain has determined that at one store the marginal price…

A: Given : Marginal Price - demand of x feet of steel cable per week is: P'(x) = - 0.02 Find the weekly…

Q: Suppose that the total revenue function is given by R(x) = 47x and that the total cost function is…

A: Given data: The given revenue function is R(x)=47x. The given cost function is C(x)=70+29x+0.1x2.…

Q: 13) The marginal cost function for a particular commodity is given by C'(x) = 6x-17. If the cost of…

A:

Q: Suppose a company has fixed costs of $38,400 and variable cost per unit of 4/9x + 444 dollars, where…

A: Given Data: The fixed cost of the company is: FC=$38400 The variable cost per unit is: VC=49x+444…

Q: Suppose the supply function for concrete is given (in dollars) byS(q) = 100 + 3q3/2 + q5/2,and that…

A: The supply function for concrete is given (in dollars) by S(q) = 100 + 3q3/2 + q5/2 and that…

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

A: Suppose that the marginal propensity to save is  ds/dy = 0.2 -1/√(3y+7) and that consumption is $6…

Q: A firm knows that its marginal cost for a product is overline MC =2x+15 , that its marginal revenue…

A:

Q: A manufacturer has determined that m employees will produce a total of q units of product per day,…

A: the marginal-revenue product is given by dR/dm where R is the revenue. Using the chain rule of…

Q: suppose that the price p of a product and its demand x are related through the price-demand equation…

A: Given that the price-demand equation is x+400p=8000 To find the point intersection with the axes we…

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

A:

Q: Suppose that the marginal propensity to consume is dc e-0.5y (in billions of dollars) dy and that…

A:

Q: (3) The demand curve of a firm is p=1200-21lq and its total cost is C(q) = 2q – 66q² + 600q+1000…

A: According to our guidelines we are supposed to do only first three subparts of the given question .…

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

A: Demand function of a product is modeled by  p = Ce^(Kx)  Revenue is the product of demand with cost…

Q: Suppose a company's revenue function is given by R(q) = – q° + 280q and its cost function is given…

A:

Q: If thẻ demand equation for a product is p= 400 – q² and the supply equation for a product is p = 20q…

A:

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: If the marginal revenue function for a manufactures product is MR = R' (Q) = 5+10(1+Q)°; find the…

A: .

Q: If consumption is $5 billion when disposable income is $o, and if the marginal propensity to consume…

A:

Q: 2. If the Profit function for producing x units is P(x) = 0.0035x³ + 120x, then the marginal profit…

A:

Q: A firm has approximated the average cost for one of its Products by AC = 3q +2. The demand function…

A: Given AC=3q+2--1and 3q=98-4p---2here q=output and p=pricenowTotal…

Q: Suppose that one factory inputs its goods from two different plants, A and B, with different costs,…

A:

Q: Suppose that the marginal propensity to consume is dc - 0.9 - e-2y (in billions of dollars) and that…

A:

Q: Suppose that a company's average cost is A(x) = 0.2x + 6. Step 2 of 2: Determine the marginal cost.…

A:

Q: 29. Suppose that the cost (in dollars) for a company to produce x pairs of a new line of jeans is…

A:

Q: 4. Suppose the demand function for a product is given by p = D(x) = 700 – 2x² and the supply…

A:

Q: Suppose that the marginal propensity to consume is   dC/dy = 0.6 − e−2y     (in billions of…

A: Marginal propensity to consume is: dCdy=0.6-e-2y Also: C(0)=5.5

Q: Suppose that in a certain market the demand function for a product is given by  10p + q = 2,100…

A:

Q: If consumption is $4.7 billion when income is $1 billion and if the marginal propensity to consume…

A: Given Data: The consumption when income is $1 is: C1=$4.7 billion The equation of marginal…

Q: 2. Suppose that the marginal revenue for a product is MR = 900 and the marginal cost is MC = 30Vx +…

A:

Q: 5. If consumption is $3 billion when disposable income is $O, and if the marginal propensity to save…

A:

Q: Suppose that the marginal propensity to consume is dc - 0.2 - e-2y (in billions of dollars) dy and…

A: dCdy=0.2-e-2y

Q: Suppose that the marginal propensity to consume is dC = 0.3 – dy - e-2y (in billions of dollars) and…

A: Given- dCdy=0.3-e-2y To Find- The national consumption function Cy and the consumptionis $5.35…

Q: It has been determined that the cost of producing a units of a certain item is 10x + 1585. The…

A: According to our guidelines we are supposed to answer only the first question if you want any…

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

Q: 3. Find the demand function for a clock manufacturer if marginal demand, in dollars, is given by p'…

A: Given, The marginal demand p'x = -24x3x2+12  p1 = 10  We have to find demand function px

Q: Suppose that in a certain market the demand function for a product is given by 10p + q = 2,300 and…

A:

Q: currently 40 chairs are produced monthly.   ​a) What is the current monthly​ cost? ​b) What is the…

A: Cost function

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…

A:

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: Suppose that the demand function for Brand X is P = 360 - 50Qd. Show whether going from 3 to 4 units…

A:

Q: Suppose a firm faces an inverse demand function given by P = a - BQ, where a, B > 0. Find the levecl…

A:

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…

Q: Suppose that in a certain market the demand function for a product is given by 10p + q = 2,100…

A: Given, Demand function 10p + q = 2,100   ---(i) Supply Function 50p − q = 150. Tax Levied=$3 per…