A producer faces a fixed cost of Rs. 50 and a variable cost Rs. 5 per unit of output when he produces less than 200 units of output. Assuming that total cost function is linear, determine the equation of the total cost of function. • What is the break-even level of output if the price of output is Rs. 10 per unit. Also draw the relevant graphs.

Q: The cost per unit of producing a product is 40+5 dollars, where x represents the number of units…

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A: The price-demand equation is p=Dx=40-0.2x and the price-supply equation is p=Sx=27.5+0.001x2. (a)…

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A: (iii) At break even R(x) = C(x)   iv) Profit function = revenue funCtion - cost function

Q: If variable costs increase, but price and fixed costs are held constant, the break even point will…

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Q: If the demand function for a commodity is given by the equation p^2+5q=200 and the supply function…

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Q: A retail chain will buy 1100   cordless phones if the price is ​$10   each and 700   if the price…

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Q: 3. Suppose that the revenue in selling a tables is equal to 200x -0.25x² dollars, and producing a…

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Q: At a price of $4.65 per pound, the supply for cherries is 16,117 pounds, and the demand is 10,232…

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Q: The cost per unit of producing a product is 380 + 0.2x dollars, where x represents the number of…

A: Given: The cost per unit of producing a product is 380+0.2x, where x represents the number of units…

Q: A company is planning to manufacture affordable graphing calculators. Fixed monthly cost will be…

A: (a) To find: The cost function C, of producing x object GC. Given: The Fixed monthly cost is $50,000…

Q: A company making Espresso machines has a demand price that can be modeled by p=500-0.5q^2 and the…

A: Given that: demand price is modeled by p=500-0.5q^2 the total cost is modeled by C=50q+40 To Find:…

Q: The selling price per unit of a product is $30, the fixed costs per month are $12,500, and the total…

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Q: Suppose that the price-demand and the price-supply equations are given respectively by the…

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Q: A company finds that it can sell 110 items at a price of $580 each and sell 430 items at a price of…

A: Let y=mx+b be the linear demand equation, where y denotes the number of items and x denotes the…

Q: If the demand function for a commodity is given by the equation  p2 + 16q = 1800  and the supply…

A: If the demand function for a commodity is given by the equation p2 + 16q = 1800 and the supply…

Q: If the demand equation for an item is D(x) = -3.4x + 740 and a supplier is willing to supply 90…

A: answer is in next step

Q: A plant can manufacture 40 tennis racket per day for a total daily cost of $3,500 and 22 tennis…

A: Given: A plant can manufacture 40 tennis racket per day for a total daily cost of $3,500 and 22…

Q: When a wholesaler sold a product at $50 per unit, sales were 208 units per week. After a price…

A: Given that  The demand function is linear. A product is sold at $50 per unit and the sales is 208…

Q: A firm can produce 500 units per week. If its total cost function is  C = 500 + 1200x  dollars and…

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Q: If the demand equation of a good is P=/1000 – 4Q, find the value of Q which maximizes total revenue.

A: Given: P=1000−4Qwhere,P→PriceQ→Quantity

Q: If the total cost of a firm is C(x) = 1.5x3 - 5x2 + 20x + 5. Find the marginal cost (in Dollars)…

A: Given that,the total cost of a firm is Cx=1.5x3-5x2+20x+5We need to compute the marginal cost in…

Q: A. Assuming that the total cost per day, C(x), is linearly related to the total output per day, x,…

A: here given , A company is planning to manufacture snowboards. The fixed costs are $300 per day and…

Q: for  a production level of x units of a commodity, the cost function is C(x)=100x+2500 the demand…

A: Obtain the revenue function as follows.

Q: Your college newspaper, The Collegiate Investigator, has fixed production costs of $76 per edition…

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Q: Students at University of Wakanda will pay $2004 for 9 credits and $2796 for 15 credits. If the cost…

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Q: If the profit function for a firm is given by P(x) = −5700 + 220x − x2 and limitations on space…

A: NOTE: Refresh your page if you can't see any equations. . to find the break-even, take P=0

Q: A company finds that it can sell 120 items at a price of $490 each and sell 440 items at a price of…

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Q: The demand function for a product is given by the linearly decreasing equation p(x)=a−bx, and the…

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Q: one hour to fill 1,000 bottles of Health-Wealth. Only 45,000 bottles and 66 hours are available for…

A: formulate the LPP let x= number of bottles of syrup tonus-2,000 let y= number of bottles of syrup of…

Q: The demand equation for a manufacturer's product is p= 100 – q, 0<q< 60, where q is the number of…

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Q: When a wholesaler sold a product at $40 per unit, sales were 270 units per week. After a price…

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Q: If the total cost of a firm is C(x)=1.5x3-5x2+20x+5; find the marginal cost (in dollars)  when 25…

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Q: price

A: At Equilibrium, Demand = Supply,

Q: A group of retailers will buy 80 televisions from a wholesaler if the price is $350 and 120 if the…

A: First we will solve for demand : If price is $350 they will buy 80 televisions. If price is $300…

Q: Given cost function C(q) = q° - 125q“ + 2500q, what quantity minimizes average cost? It would be…

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Q: If the demand function for a commodity is given by the equation p² + 5q = 200 and the supply…

A: In this problem we have to solve the both equations. So please find hand written solution.

Q: A business manufactures and sells laptops.Each laptop is sold for 14000,Tha fixed monthly costs is…

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Q: Until recently, hamburgers at the city sports arena cost $2.50 each. The food concessionaire sold an…

A: Given :           Cost function :                  To obtain cost function, add fixed cost and…

Q: If the demand function for a commodity is given by the equation P^2+4q=1600 and the supply function…

A: Given, The demand function :   p2 + 4q = 1600  The supply function :     300 - p2 +2q = 0  We have…

Q: The annual fixed costs for a plant are $100,000, and the variable costs are $140,000 at 70%…

A: Given: Fixed cost = $100,000            Variable cost = $140,000             Net sales = $280,000

Q: Suppose that the revenue in selling x tables is equal to 200x – 0.25x“ dollars, and the cost of…

A: Here is the solution:

Q: Assume that the linear cost model applies. If the total cost of producing 1600 items at $15 each is…

A: here we want linear relation  for 1600 item cost for each is $15 1600*15 = $24000 so extra is 24410…

Q: in a monopoly market, the demand function for a product is p = 115 − 0.10x and the revenue function…

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Q: 3. Suppose that the revenue in selling r tables is equal to 200x – 0.25x2 dollars, and producing a…

A: