A firm's total revenue is $2000 and the output produced was 40 units  Calculate price per unit

Q: Total revenue of the firm is $3500 and the price per unit is $70  Calculate output

A: The data presented in the above question is:- Total revenue = $3500  Price per unit = $70 Output is…

Q: Total revenue for a dairy firm is $2400 per week The output sold is 80 Calculate price per unit

A: The price of a product is the amount of money required to purchase it. Price is a measure of value…

Q: Gomez runs a small pottery firm. He hires one helper at $12000 per year, pays annual rent of $5000…

A: Accounting profit is the net profit of a firm which is total revenue minus explicit costs. Economic…

Q: Find the total revenue generated if price is $30 and output sold is 66 units

A: The data presented in the question above is:- Price per unit = $30 Output sold = 66 units  Total…

Q: Calculate average revenue if output sold is 20 units and total revenue is $250

A: The information being given is:- Output sold = 20 units  Total revenue = $250  We have to calculate…

Q: A manufacturing company leases a machine for $31,000 per year. Each unit produced costs $36 in labor…

A: Answer- Need to find- The price of the product Given in the question- A manufacturing company leases…

Q: A storage company owns 150 storage spaces that can be rented at $40 per month each. For each $7…

A: Total number of spaces = 150 Rent = $40One vacancy gets created for every increase in $7 of rent. We…

Q: Problem 1 (THINK) A hotel has 140 rooms. Average room rate is $80.00. Total room revenue for the…

A: Revenue is earn by producer or seller by selling goods and services and calculate by number of goods…

Q: The selling price of a particular article is ₱250 per unit. It has been decided to include the price…

A: selling price of an article = 250 Variable cost is given as 175/unit Fixed cost  = 17,000 Price is…

Q: You saw a product sells for $140 on the price tag and costs $100, the Mark-up (%) for this product…

A: Selling price is the face value or tag value of the product. whereas the actual monetary value…

Q: If average revenue is $44 and output is 20 units Calculate total revenue

A: Given information, Average Revenue (AR)= $44 Total output (Q)= 20 units To find: Total Revenue

Q: The revenue for a product is R(x) = −0.004x^2 + 21x − 6200 and the cost is C(x) = 0.02x + 38, for x…

A: Profit maximization is one of the key goals of firms operating in a market. Profit is the difference…

Q: Calculate average revenue when it is given that Total revenue is $70 and output is 5 units

A: Given information is as follows:- Total revenue = $70 Output = 5 units We need to find the value of…

Q: Calculate total revenue for shoes firm whose profit is $400 and Total cost is $800

A: The data presented in the question above is:- Profit of the firm = $400 Total cost = $800  Total…

Q: You just received your midterm exam results andyour professor wrote the following note: “Youreceived…

A: In economics, positive statements are those that are objective as well as testable in nature. Such…

Q: The value of Total revenue is $400 and the average revenue is $40 Calculate the output

A: # if we are given the value of total revenue and average revenue then we can easily calculate the…

Q: The demand function for a manufacturer's product is D = 80 -3p , where D is the number of units and…

A: D=80-3p Inverse Demand: p=[(80-D)/3] Total Revenue=Price*Quantity TR=pD TR=[(80-D)/3]D TR=80D/3-D2/3…

Q: Some the expense of newly started "Warfaa" business are given below. if they are pre- startup…

A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: A company manufactures and sells cell phones. They sell the phones to a wholesaler for $250 each.…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: If a firm has total revenue of $30,000 for January and the cost for the month are $26000 Calculate…

A: The information being given is:- Total revenue for January = $30,000 Total cost for January =…

Q: Calculate Total revenue if average revenue is $15 and output is 1000

A: The information being given is:- Average revenue = $15 Output = 1000 We have to calculate the total…

Q: The total cost to produce hundred motors bikes is $1000. Calculate the average cost of producing the…

A: Given information: Total number of motorbikes = 100  Total cost of production = $1000

Q: Profits for Mia's chocolate shop is $2300 Total revenue generated is $4100  Find the value of…

A: The information being given is:- Profit for chocolate shop = $2300 Total revenue = $4100  We have to…

Q: Calculate price per unit if total revenue is $1000 and the quantity sold is 50 units

A: The information given is as follows:- Total revenue of the firm = $1000 Quantity sold = 50 units…

Q: Price per unit of chair is $330 and the output sold is 16 units Calculate Total revenue

A: The information being given is:- Price per unit of chair = $330 Output = 16 units We have to…

Q: Problem One: The fixed cost for a company is 1200 OMR and the variable cost is 2 OMR per 100 unit.…

A: Given  Fixed cost = 1200.  Variable cost = 2 per unit.  Demand function: p = 100/√x.  The company…

Q: Calculate the value of average revenue when total revenue is $400 and the no of units employed are…

A: Average Revenue is given as:- = Total revenue / No of units of employed

Q: The profit of a firm during the  financial year  is $1200 and cost incurred  is $600. Find the…

A: Mark-up (over cost) = (Profit / Cost) x 100%

Q: Calculate average revenue when total revenue is $4400 and units sold are 64 units

A: We are given that:- Total revenue = $4400 Total Units sold = 64  We need to calculate the value of…

Q: The total amount spend on production of 500 machines are $100 billions. The selling price of machine…

A: The cost of producing 500 machine  = $100 The selling price of one machine = $25

Q: II. Find The Minimum Cost and graph : 1. C = x2 - 16x + 74 2. C = x2 - 40x + 405 Thank you.

A: Given cost functions C=x2-16x+74             ......... (1) and  C=x2-40x+405        .......... (2)…

Q: What would be the profit of a firm who generates a total revenue of $3300 and the cost incurred is…

A: The data presented in the question above is:-  A firm's total revenue is = $3300 It's total cost is…

Q: A manufacturer can produce a gizmo at a cost of $6 apice. He sells this gizmo for $10 ,and at this…

A: We define total cost as the cost of producing a good which is sum of fixed and variable cost. The…

Q: The total amount spend on production of 500 machines are $100. The selling price of a machine is $…

A: The cost of producing 500 machines (Total cost)  = $100 The selling price of one machine = $25

Q: Total revenue is given as $500 and the quantity is given as 30 units.  Calculate average revenue

A: # The average of total revenue which is gained on a single unit is given as average revenue.

Q: Rent of the factory is a variable cost True/False

A: The cost of goods or services refers to the amount of money spent by a corporation on their creation…

Q: A seller can sell 3 diamond rings at a price of $12000 each. If he sells 4, his MR will be $10500.…

A: The following formula is used to find total revenue. Total Revenue = Price x Quantity

Q: It costs a baker a fixed cost of $420 and variable cost of $2.10 per cupcake.A cupcake is sold for…

A: The fixed cost is the cist which remains the same at all the levels of output for the firm. When the…

Q: (a) Find the marginal profit for 2800 uni

A: Given :  R(x) = −0.004x2 + 21x − 6200 C(x) = 0.02x + 38 Units=2800

Q: Total revenue is $3500 and the output is given as 200 units.  Calculate the average revenue for the…

A: The formula for the average revenue is Given as:- = Total revenue/ output It is actually the per…

Q: A car rental agency rents 210 cars per day at a rate of $20 per day. For each $1 increase in rate, 5…

A:

Q: Problem One: The fixed cost for a company is 1200 OMR and the variable cost is 2 OMR per 100 unit.…

A: Total cost = Fixed cost + Variable cost

Q: A small factory produces a small toy with a fixed cost of $10,000month. If the factory manager wants…

A: Fixed cost = 10,000   Variable cost = $5 per unit   Revenue = $15 per unit

Q: For a cement firm, the total revenue for the previous month was $6300  The price per unit of cement…

A: The data from the question given is:- Total revenue for precious month = $6300 Price per unit of…

Q: Calculate the value of total revenue when average revenue is $77 and the no of units sold is 7

A: # The formula for average revenue is:- AR = TR/Q So TR = AR * Q

Q: Calculate the value of Average revenue for 4 units sold when the total revenue is $100

A: # we know that the average revenue is given by the ratio of total revenue and the total quantity…