A company has determined that its price-demand function for its sale of its product is given by p+0.05x=85. c) If p=$35 and the price is increased, will the revenue increase or decrease?

Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.005x° +0.07x + 15x +…

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Q: The marginal cost function in a company is given by C' = 70 - 0.7x where x is the number of units…

A: Please see the below picture for detailed solution.

Q: The consumer demand curve for Professor Stefan Schwarzenegger's dumbbells is given by q = (84 -…

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Q: 3. The marginal cost of producing x tablet computers is C'(x) = 120 – 0.06x + 0.00001a? (a) What is…

A: We have given the marginal cost of producing x tablet computers is C'(x)=120-0.06x+0.00001x2

Q: The marginal cost function for a commodity is given by C'(x) = x² + 2x + 1 where is the number of…

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Q: A manufacture has been selling 1800 television sets a week at $510 each. A market survey indicates…

A: *here, number of t.v. set sold = x demand function = p(x) Revenue = R(x) Profit function = P(x) Cost…

Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.002x° +0.07x + 14x +…

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Q: A company manufacturing laundry sinks has fixed costs of $100 per day but has total costs of $2,500…

A: Given, Demand function is, q=360-pp=360-q Now, the Revenue function is, Rq=pq=360-qq=360q-q2…

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: The monthly demand function for x units of a product sold by a monopoly is p = 5600 –- x2 dollars,…

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Q: Suppose the demand for a product is given by 2p3q = 500p2 where p is price in dollars and q is the…

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Q: A firm has the​ marginal-demand function D′(x)=−1200x25−x2​, where​ D(x) is the number of units…

A: Given that: Marginal-demand function = D'(x) = -1200x25-x2 Initial condition: D(4) = 16000 Find the…

Q: Find the elasticity of the demand function 2p + 3q = 270 at the price p = 15.

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Q: A manufacture has been selling 1850 television sets a week at $510 each. A market survey indicates…

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Q: When a wholesaler sold a product at $30 per unit, sales were 186 units per week. After a price…

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Q: The consumer demand curve for Professor Stefan Schwarzenegger's dumbbells is given by x = (111 −…

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 the supply curve for a certain brand of smartwatches is given by q = 0.06p + 255 and the…

A: Given: The supply curve of a certain brand of smart watches is q = 0.06 p + 255. The demand curve is…

Q: Suppose that a price p and demand x are related through the price-demand equation x + 400p = 8, 000.…

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Q: A manufacture has been selling 1800 television sets a week at $540 each. A market survey indicates…

A: Given : A manufacture has been selling 1800 television sets a week at $540 each. A market survey…

Q: A tire manufacturer estimates that the demand function for their radial tires will be given by P =…

A:

Q: A manufacture has been selling 1350 television sets a week at $480 each. A market survey indicates…

A: Given that, a manufacture has been selling 1350 television sets a week at $480 each. A market survey…

Q: 6. Suppose that for x2 1000, the dollar cost of producing a video cameras is C(x) = 500x - 0.003²…

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Q: er week. a) Find the demand function p(x)p(x), where xx is the number of

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Q: The total cost (in dollars) of producing x coffee machines is C(x) = 2200 + 30x – 0.1x?. the exact…

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Q: The demand for widgets is Q = 20/p. When p=4, the price elasticity of demand . dQ_P is equal to: dp…

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Q: For the given cost and demand functions, find the production level that will maximize profit. (Round…

A: you can clearly understand if you follow the below solution   production level that will maximize…

Q: Find the demand function p, given the marginal-revenue function dr/dq below. dr = 269 – 9q - 1.29 dq…

A: Here, the given marginal revenue function is: drdq=269-9q-1.2q2...(1) where r is the revenue…

Q: 2. Given the cost function C(x) =140 +0.2x, use marginal cost to approximate the cost of producing…

A: To find the marginal cost function we find C'(x)

Q: Find consumer's surplus at the market equilibrium point given that the demand function is p=V529 68x…

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Q: A manufacture has been selling 1250 television sets a week at $480 each. A market survey indicates…

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Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.007x° +0.07x + 15x +…

A:

Q: The marginal cost per day of producing x gadgets is C'(x)=3.15+0.004x dollars per gadget. What is…

A: to find:- total cost of production of 800 gadgets.

Q: The market for a particular consumer good has a demand function given by: q = 24 - p and supply…

A: Given, Demand function (p)= d(q)= 24-q Supply function (p)= s(q)= q+q²

Q: A manufacture has been selling 1200 television sets a week at $390 each. A market survey indicates…

A:

Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.002x + 0.07x + 19x +…

A: The given function is Cx=0.002x3+0.07x2+19x+700. d) The actual additional monthly cost of increasing…

Q: A manufacture has been selling 1900 television sets a week at $510 each. A market survey indicates…

A:

Q: The consumer demand curve for Professor Stefan Schwarzenegger's dumbbells is given by  q = (98 −…

A: Given : The consumer demand curve for Professor Stefan Schwarzenegger's dumbbells is given by  q =…

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

A: Cost function

Q: Suppose that a price p and demand x are related through the price-demand equation x+400p=8,000.…

A: To work out the formula for the elasticity of demand at price p

Q: A clothing manufacturer has the marginal revenue function MR(x)=30-0.2x, 0s xs 100 (in dollars per…

A:

Q: Suppose the demand for a product is given by 2p3q = 500,000p2 where p is price in dollars and q is…

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

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Q: Find the consumer surplus for the demand curve P = 420 – 10q when g * = 20 items are sold at the…

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Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.002x° +0.07x + 18x+600,…

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Q: For the production function given by x-2 Hab - Aa² - Bb², ow that the marginal rate of technical…

A: The marginal rate of technical substitution (MRTS) shows the rate at which  one input can be…

Q: When a wholesaler sold a product at $30 per unit, sales were 350 units per week. After a price…

A: First we need to make the equation for the demand function. We'll take the two points of data and…

Q: Suppose that the monthly​ cost, in​ dollars, of producing x chairs is…

A: As per our company guidelines we are supposed to answer ?️only first 3️⃣ sub-parts. Kindly repost…

Q: The average cost function for a company, C(x), is its cost function divided by the

A: To fill the given blank:

Q: A manufacture has been selling 1550 television sets a week at $480 each. A market survey indicates…

A: