A small cake store estimates that the demand function for its signature cake is given by : p(x) = -2x + 37. The production cost is 5$ per unit produced, and they can make up to 12 signature cakes a day. How many cakes should they produce to maximize their daily profit? Α. 1 В. 12 С. 8 D. 16 Е. 10 F. None of these answer

Q: Suppose that the monthly demand function of a particular commodity is given by P= 200 -0.4x and the…

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Q: (3) The demand function for a tablet is given by the model p= 200–16r where p is measured in dollars…

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Q: The monthly demand function for x units of a product sold by a monopoly is p = 5,700 – x2 dollars,…

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Q: An automobile manufacturer finds that the demand equation of producing a certain product is p = 350…

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

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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 a manufacturer produces two brands of a product, brand 1 and brand 2. Suppose the…

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Q: Assuming that the company sells all that it produces, what is the profit function? P(x)=   . Hint:…

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

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

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Q: The demand function for a certain model of a ten-speed bicycle is given by p= D(z) = -0.001z + 250…

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Q: For a certain company, the cost function for producing x items is C(x)=50x+150 and the revenue…

A: Answer is mentioned below

Q: Suppose the supply function for concrete is given (in dollars) byS(q) = 100 + 3q3/2 + q5/2,and that…

A: The supply function for concrete is given (in dollars) by S(q) = 100 + 3q3/2 + q5/2 and that…

Q: We solve the problem of determining the production of two products (x1, X2), unless their market…

A: 1st we will find total profit then will use  Method of lagranges multiplier to maximize it . To…

Q: 4. The price-demand equation and the cost function for the production of infrared thermometers are…

A: The price-demand equation and the cost function for the production of infraredthermometers are…

Q: Find p1 and p2, the prices per unit (in dollars), so as to maximize the total revenue R = X1P1 +…

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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: Suppose that in a certain market the demand function for a product is given by 10p + q = 1,900 and…

A: Given that  Demand and supply functions are

Q: Suppose that a manufacturer produces two brands of a product, brand 1 and brand 2. Suppose the…

A: Consider that a manufacturer produces two brands of a product, brand 1 and brand 2. The demand for…

Q: If company A manufactures t-shirts and sells them to retailers for US$9.80 each. It has fixed costs…

A: Since you have posted many questions in one image, we will solve the first question for you.  If you…

Q: If, in a monopoly market, the demand function for a product is p = 150 − 0.10x and the revenue…

A: This is a problem related to maxima and minima of the function. Based on the general formula and…

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

A: I am attaching image so that you understand each and every step.

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: A commodity has a demand function modeled by  p = 108 − 0.5x  and a total cost function modeled by…

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Q: Suppose that in a certain market the demand function for a product is given by 10p + q = 2,100 and…

A: Given demand function for a product is 10p+q=2100 and the supply function is 50p-q=1250 The…

Q: The supply function for a product is  2p − q − 30 = 0,  while the demand function for the same…

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Q: Now suppose in a competitive market the demand function is p+1200-2x and the supply function is p…

A: Suppose  demand function is p=1200-2x and the supply function is p=200+2x. let the  firms average…

Q: A commodity has a demand function modeled by  p = 25 − 0.5x, and a total cost function modeled by C…

A: The demand function is given by p = 25-0.5x…

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

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Q: The monthly demand function for x units of a product sold by a monopoly is p = 5,200 - dollars, and…

A: Revenue=p.q TC=AC.q p is price , q is quantity.

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 small business assumes that the demand function for one of its new products can be modeled by  p =…

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Q: A manufacturer has been selling 1800 television sets a week at $480 each. A market survey indicates…

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

A:

Q: Suppose that the demand x (in units) for a product is x = 15,000 - 150p, where p dollars is the…

A: Given expenditure is : E=px=15000p-150p2 To find at what market price expenditure is maximum.

Q: Suppose that in a certain market the demand function for a product is given by 10p + q = 2,300 and…

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Q: Suppose that a manufacturer produces two brands of a product, brand 1 and brand 2. Suppose the…

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Q: (3) The demand function for a tablet is given by the model p=200–16x² where p is measured in dollars…

A: Given query is to find the number of units produced to get the same profile of 125 million dollars.

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

A:

Q: 2) The demand function for a tablet is given by the model p= 200 – 16.22 where p is measured in…

A: Given, the demand function for a tablet is given by the model p= 200 – 16x2 where p is measured in…

Q: A small business assumes that the demand function for one of its new products can be modeled by  p =…

A:

Q: A manufacture has been selling 1100 television sets a week at $420 each. A market survey indicates…

A: We have to find demand function, maximum revenue, maximum profit.

Q: An automobile manufacturer finds that the demand equation of producing a certain product is p = 350…

A: According to question given that Demaind Equation p=350-qCost function c=12q2+50q+500 where 50≤q≤120

Q: The supply function for a product is 2p – q - 30 = 0, while the demand function for the same product…

A: The supply and demand function are  2p-q-30=0              ⋯⋯1p+10 q+30=6000  ⋯⋯2   Substitute…

Q: If, in a monopoly market, the demand function for a product is  p = 130 − 0.10x  and the revenue…

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Q: Suppose that the demand equation and the cost function are given by – p = 125 − 0.1q C(q) = 800 +…

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Q: Derive the total revenue function, R(x) for company A. (ii) Derive the total cost function, C(x) for…

A: Given,company A-Fixed cost =$2625                   variable cost =$2.3                   selling…

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

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