A firm faces a demand function of the form P = 90 – 2Q? (a) Plot the graph for their total revenue (b) If the marginal cost is given by MC(Q) = 3Q² – 8Q + 7 and TC(0) = 0, estimate the total profit if they produce 5 units (round up the answers to 2 decimals)

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: If consumption is $5 billion when disposable income is $0, and if the marginal propensity to consume…

A: Given: consumption = $5 billion disposable income = $0 marginal propensity to consume = 0.60…

Q: Solve the problem. 23) Find a company's total-cost function if its marginal cost function is C'(x) =…

A:

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

A:

Q: If consumption is $3 billion when disposable income is $0, and if the marginal propensity to save is…

A: consumption= $3 billion disposable income= $0 ds/dy= 0.8+e^-(1.5y)

Q: If the demand curve for a particular commodity is p = −0.09x + 51 and thetotal cost function C(x) =…

A:

Q: If consumption is $6 billion when disposable income is$0, and if the marginal propensity to consume…

A: Since we have a marginal propensity to consume is dCdy=y+1-0.5+0.4. Also, if the consumption is $6…

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

A: Given, dCdy = 0.2 -e-2y   When y = 0  the  C = 5.4

Q: 1. The cost (in pesos) of producing x corkboards is given by x2 + 20x + 500, while the price (in…

A: Since you are asking multiple questions. We are answering only the first question as per our…

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: Suppose that the marginal propensity to consume is dC = 0.9 – e-0.5y dy (in billions of dollars) and…

A: Let's find.

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: The cost of producing x units of a commodity is given by C(x)=140+16x−0.7x^2. Find the marginal cost…

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Q: Given Cost and Revenue functions C(q) = q° - 11q +53q + 5000 and R(q) = - 3q“ + 2500q, what is the…

A: The marginal cost is the derivative of the cost function. A function is minimum at a value where its…

Q: Find the marginal profit function if cost and revenue are given by C(x) = 154 + 0.3x and R(x) = 2x–…

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Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.002x³ + 0.07x + 15x…

A: According to question given that Monthly cost of producing x chairs is…

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 marginal profit function if cost and revenue are given by C(x) = 224 + 0.8x and R(x) = 8x…

A: Marginal profit function is equal to the difference between marginal revenue and marginal cost…

Q: find the national consumption function.

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Q: 3. The cost (in pesos) of producing x toys is given by x² + 100x + 2000, while the price (in pesos)…

A:

Q: Suppose that the marginal propensity to consume is dC = 0.4 – e-0.2y dy (in billions of dollars) and…

A: Given that marginal propensity is dC/dy=0.4-e-0.2y We need to find national consumption function…

Q: If consumption is $9 billion when disposable income is $0, and if the marginal propensity to save is…

A: The disposable income is $0. The consumption at $0 disposable income is $9 billion. The marginal…

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

A:

Q: Find the​ consumers' surplus if the demand function for a particular beverage is given by…

A:

Q: If the national consumption function is given by C(y) = 6(y + 6)/2 + 0.4y + 1 %3D where is the…

A:

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

A:

Q: Suppose the marginal propensity to consume is given by : dC/dy = 0.22 - 0.25/(SQUARE ROOT 0.5y+1)…

A: The given function of marginal propensity to consume is:  dCdy=0.22-0.250.5y+1

Q: If consumption is $4 billion when disposable income is $0, and if the marginal propensity to save is…

A:

Q: The marginal cost function for a company is given by C'(q)=q^2-14q+70dollars/units, where q is the…

A: Given C'(q)=q2-14q+70 and  C(0)=700

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: Suppose the marginal propensity to consume is given by: DC/DY=.03- .2/Square root of (y), (in…

A: We have given dCdy= 0.03 - 0.2y.

Q: Suppose that the marginal propensity to consume is dc = 0.8 - e-0.5y dy (in billions of dollars) and…

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 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: Roger is a manufacturer of bleach,  if his montly demand fuction for 750ml size is q=4000 * 250p and…

A:

Q: (a) Teddy J is a manufacturer of dish washing liquid . If his monthly demand function for 750ml size…

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

Q: Suppose that the marginal propensity to consume is dc = 0.3 - e dy -0.5y (in billions of dollars)…

A: We will use concept of simple integration.

Q: If consumption is $3 billion when disposable income is $0, and if the marginal propensity to save is…

A:

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

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: In the manufacture of a product, fixed costs per week are $4000. Fixed costs are costs, such as rent…

A:

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

A: Cost function

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: If consumption is $6 billion when disposable income is $o, and if the marginal propensity to save is…

A: We will use the variable separable form to solve the differential equation where we will separate…

Q: If consumption is $2 billion when disposable income is $0, and if the marginal propensity to save is…

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…

Q: Suppose that the marginal propensity to consume is dc = 0.07 + dy In(y + 1) (in trillions of…

A:

Q: The monthly demand function for x units of a product sold by a monopoly is  p = 6400 − 1/2x2…

A: