A cable television company estimates that with x thousand subscribers, its monthly revenue and cost (in thousands of dollars) are given by R(x)= 30 x-0.24x² and C(x) = 275 + 12x. What are the break-even points? (Find both x- and y- coordinates)
Q: Short Answer Part 1 Consider this as a simultaneous-move (static) game: Player A Top Bottom Player B…
A: Disclaimer :- since you asked multiple question we are solving only first question as per guidelines…
Q: Leon and Heidi decided to invest $3,000 annually for only the first eight years of their marriage.…
A: given that, annual payment(A) = $3000 interest rate (i) = 10% time(n) = 8 years
Q: Market (inverse) demand for measles vaccine is given by P= 100-20. Market (inverse) supply for…
A: Given information is, Market (inverse) demand for measles vaccine is given by :- P=100−2Q. Market…
Q: Check out the option asap
A: An increase in taxes decreases disposable income and aggregate demand and a decrease in taxes…
Q: What is the ideal balance between monetary and fiscal policy for a nation like Japan, where prices…
A: The marker equilibrium in which the AD curve crosses the AS curve is explained by the aggregate…
Q: The way to build good credit is to: A. Secure a credit card, but never use it B. Pay off the credit…
A: Better management of money is essential for a sound financial stability and to build good credit.
Q: Consumer surplus Multiple Choice O is the difference between the maximum prices consumers are…
A: Consumer Surplus refers to the difference between the highest price a consumer is willing to pay and…
Q: A tunnel to transport water initially cost $1,000,000 and has expected maintenance costs that will…
A: Given Initial cost =$1,000,000 no. of years =6 years MARR=20% years maintenance cost1…
Q: You have the following annual figures for the New Zealand economy. Investment…
A: Note:- Dear learner you have posted a question with multiple sub parts, as per our policy we have…
Q: Determine the values of K and L which minimise the cost function C = 3K+ 5L subject tan to the…
A: Given information: Minimize C=3K + 5L Subject to production constraint 250 = 10K0.5L0.5.
Q: Suppose that the probability of low demand is 0.75. (a) What is the maximum Expected Monetary…
A: The law of demand is a basic rule of economics that states that at a higher price consumers will…
Q: in the market for cola how does the market equilibrium change when both the supply of cola and the…
A: The equilibrium price and quantity are found at the point where the quantity supplied is equivalent…
Q: 3. A consumer is faced with a utility function u(x, y) = 4x² + 3xy + y² And his budget constraint is…
A: Thank You for the question. According to Bartleby's answering guidelines, we answer only the first 3…
Q: 8 Asseme there are 2 countries peroducing apples and oranges. Each country has many workers. The…
A: The table shows the necessary hours needed to produce one unit of each good. A B Apple 8 10…
Q: A bakery uses its resoruces to produce both cake and bread. When the price of bread rises, how does…
A: Here, it is given that a bakery uses all of its resources to produce cake and bakery, which implies…
Q: Use the information from the preceding table to fill in the following table. Nominal GDP Real GDP…
A: The GDP price deflator estimates the progressions in prices for every one of the goods and services…
Q: . Ricardian equivalence states that increase in government spending will a. increase saving for…
A: According to the economic theory known as Ricardian equivalence, the impact on the overall economy…
Q: Benefit–cost analysis requires the monetization of all relevant benefits and costs of a proposed…
A: Value of environmental good is done through various methods to learn the value of these goods from…
Q: Consider the problem of a consumer who must choose between two types of goods, good 1 (x₁) and good…
A: Utility function: u(x1, x2) = x1 + x2 Marginal Rate of substitution = dudx1dudx2= 12x11 Price of…
Q: M Suppose that GDP (Y) IS 5.000. Consumption (C) is given by the equation C - 500 +.5(Y-T).…
A: Introduction We have given data of income of an economy. The sum of all incomes of the peoples of a…
Q: 13. When the Turkish government wants to allow only for automatic stabilizers to work in a…
A: Automatic stabilizers are used when the governments forsees an economic condition and tries to take…
Q: G Product K Households M Factor
A: The product market is the place where final goods or services are sold to firms and the public…
Q: In one hour, Sue can produce 70 caps or 21 jackets and Tessa can produce 50 caps or 25 jackets. Who…
A: Opportunity cost is the benefit lost while making a different decision. You must compare the…
Q: ran Lee plans to set aside $2,600 a year for the next seven years, earning 3 percent. What would be…
A: What money is anticipated to be worth in the future is referred to as future value, or FV. Cash held…
Q: A factory uses its resources to produce leather jackets and leather belts. If the price of a leather…
A: Complements in production are those goods which produced jointly from the same input. This…
Q: The World Health Organization says that it is too costly to try to fully eradicate malaria. By using…
A: It is given that the horizontal axis of the graph shows the malaria control in percentage and the…
Q: Credit reports: A. Only report credit history under your current name B. Only report payments that…
A: DISCLAIMER “Since you have asked multiple question, we will solve the first question for you. If…
Q: Analyse, using demand and supply analysis, the relationship between i) inflation and exchange rate…
A: A general rise in price is referred to as inflation. The consumer price index is used to measure it.…
Q: TOPIC: ENGINEERING ECONOMICS INSTRUCTION: Answer the following questions by including the…
A: The concept that depicts the worth of cash flows today being worth more than the amount it would be…
Q: 6
A: A perfectly competitive market, where there are an infinite number of firms operating, is the…
Q: The amount of P50,000 was deposited in the bank earning an interest of 7.5% compounded…
A: Given the following information: Amount deposited = P50,000 Interest rate, r = 7.5% Semi-annually,r…
Q: 8. What is economic?
A: We know that Economic is divided into two major discipline that is microeconomics and…
Q: Is it true the statement that if average production cost is increasing, a firm’s technology exhibits…
A: In a two factor production function, the scale of production refers to the quantity of labour and…
Q: Kona Coffee Price per lb. (dollars ) $10 8 6 5 4 Luke's Quanti ty Deman ded (lbs.) 3 9 14 18 22…
A: Given, Kona Coffee price Lune's Quantity demanded Ravi's Quantity demanded Rest of the market…
Q: Suppose balance of trade is $630 and imports of goods is $115 find the exact value of the exports of…
A: Balance of trade is gradually defined as the must value of the exports excluding the part of the…
Q: Health informatics is making use of monitoring devices, microelectronic mechanical systems, and…
A:
Q: Rosa is training for a triathlon, a timed race that combines swimming, biking, and running. Consider…
A: In a market, when an individual enters to make purchase of goods and services, his decision is based…
Q: Jack consumes only Bread (good x) and Cheese (good y). His utility function is given by U(x, y) =…
A: Given Jack's utility function: U(x,y)=ln(x)+ln(y) ...... (1) Where x denotes bread and y…
Q: Explain the law of diminishing returns. Asap
A: Meaning of Production Function: The term production function refers to the situation under which a…
Q: Consider the following regression model where Suppose and are highly (but not perfectly) correlated.…
A: The regression model gives a function describing the relationship between one or more independent…
Q: A3
A: In a market, when a firm faces U-shaped average cost curve in the long-run, it implies that the…
Q: ark your answer
A: Marginal propensity to consume (MPC) measures the change in consumption due to change in disposable…
Q: 2. The graph below is set of hypothetical production possibilities for a nation. Consumption goods 7…
A: Production possibility curve shows the combination of production of two different goods by the using…
Q: A home appraisal company would like to develop a regression model that would predict the selling…
A: Given information: A regression model is given to predict the selling price of a house based on the…
Q: What happens in the graph when the price of bottled water rises?
A: The demand curve does not shift when there is a change in quantity demanded because of the change in…
Q: Suppose demand for a product is Q = 100 - P and that the product's marginal cost is equal to average…
A: Monopoly exists when there is a single vendor and a big number of buyers. Monopolies have market…
Q: What is the effect of the following event on the supply of pizzas? If other things remain the…
A: Supply The total quantity of a specific good or service that is made available to customers is…
Q: Reduced availability of money will result in: A, a reduction in investment in the medium run B. an…
A: The total amount of money as well as other liquid assets in an economy on the measurement date is…
Q: Consider the demand function for processed pork in Canada, Q=270.00-12p+20p + 3pc +0.002Y The supply…
A: In a free market, the equilibrium price and quantity is determined by the intersection of thedemand…
Q: 3)
A: According to the question The given matrix here indicates the cost expected from 4 alternatives…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- A company has determine the price and the monthly demand of its products are related by the equation D= √400-p where p is the price per unit in dollar and D is the monthly demand. The associated fixed costs are $1,125 per month and the variable costs are $100/unit. Use this information to answer the following: What is the optimal number of units that should be produced and sold each month? Determine the value of D that represents the break-even point?Many times, the selling price of a product, p, is related to the demand, D, according to the relationship p=a-bD. However, a company has found that the price of their product can be related to demand ( in units per year) according to the following equation: p= $88.5 – (0.5)D0.5 . In addition, there is a fixed cost of $20,000 per year and the variable cost to manufacture the product is $20 per unit. a. What level of demand maximizes total revenue and the maximum revenue? b. What level of demand maximizes total profit for this product and the maximum profit?FCR and Average daily gain are measured in a continuous scale. true or false
- Need complete solution. A company produces and sells a consumer product and thus far has been able to control the volume of the product by varying the selling price. The company is seeking to maximize its net profit. It has been concluded that the relationship between price and demand, per month, is approximately D = 500 - 5p, where p is the price per unit in dollars. The fixed cost is $1,000 per month, and the variable cost is $20 per unit. Obtain the answer mathematically to the following questions: a.What is the optimal number of units that should be produced and sold per month? b. What is the maximum profit per month? c.What are the breakeven sales quantities and the range of profitable demand volume?A company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately p = 79 – 0.11D units. The fixed cost is $800 per month and the variable cost $33 per unit produced. What number of units, D*,should be produced per month and sold to maximize the profit per month related to the product? Round your answer to 2 decimal places.the correct answer is $6090 3 tables at $1530 1 table at $1500 equals -$6090
- The profit,P,of a company that manufactures and sells N units of a certain product is modeled by the function P(N)=R(N)-C(N) The revenue function,R(N)=S·N, is the selling price S per unit times the number N of units sold. The company's cost,C(N)= Co +Cop(N), is a sum of two terms. The first is a constant Co describing the initial investment needed to set up production. The other term, Cop(N), varies depending on how many units the company produces, and represents the operating costs. Companies care not only about profit, but also marginal profit, the rate of change of profit with respect to N. Assume that S=$50,Co=$75,000, Cop(N)=$50✓N,and that the company currently sells N= 100 units. Compute the marginal profit at this rate of production.Round your answer to one decimal place.A strawberry growing company is deciding its production and sale plan for the national and international markets.The sale price for each ton of strawberry depends on the quantity offered in the market. If x1 tons is offered for the domestic market, the sale price will be (30 - x1) CU / ton, while if x2 tons is offered for the international market, the sale price will be (40 - x2) CU / ton.The cost for each ton of strawberry for the domestic market is 10 MUs, while for the international market it is 15 MUs.The company has the capacity to produce up to 10 tons of strawberries for sale and, according to SAG restrictions, it must dedicate at least 10% of its production to the international market.For technical production reasons, the company must additionally satisfy the following restriction: x12 + x22 ≤64.a) Raise the NLP model that allows maximizing the net profit for the companyb) State the KKT conditions for the problem and indicate whether they are necessary and / or sufficient.c)…A manufacturer of a new patented product has found that he can sell 70 units a week to the customer if the price is $48. In error, the price was recently advertised at $78 and as a result, only 40 units were sold in a week. The manufacturers fixed costs of production are $1,710 a week and variable costs are $9 per unit. You are required to: d. Assuming a sudden change in trading conditions resulting in a 20% reduction in demand at all price levels, to find the equation of the new demand function and to recommend how the manufacturer should respond.
- Thank you for helping me understand but for the step 2 calculations, is the final answer 4.768 or 3.387? Or is both a part of it?A company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately D = 1560 – 20p units (D is the demand of quantity sold per month, and p is in dollars.) The fixed cost is $800 per month, and the variable cost is $30 per unit produced. The demand that maximizes the revenue is:A strawberry growing company is deciding its production and sale plan for the national and international markets.The sale price for each ton of strawberry depends on the quantity offered in the market. If x1 tons is offered for the domestic market, the sale price will be (30 - x1) CU / ton, while if x2 tons is offered for the international market, the sale price will be (40 - x2) CU / ton.The cost for each ton of strawberry for the domestic market is 10 MU, while for the international market it is 15 MU.The company has the capacity to produce up to 10 tons of strawberries for sale and according to SAG restrictions, it must dedicate at least 10% of production to the international market.For technical production reasons, the company must additionally satisfy the following restriction: x12 + x22 ≤64.d) There is the option of buying new machinery to increase the production capacity of the company. In what range should the new machine increase production capacity to suit the company? How…