Calculate the price per unit if it is given that Total revenue is $840 and the total output is 32 units

Q: For a juice shop the accounting profit is $780 and the explicit cost is $300 Calculate the total…

A: here we calculate the Total revenue by using the accounting profit and explicit cost so the…

Q: A small ice cream company estimates its revenue to be R = 6z dollars, where z = the number of quarts…

A: Note: There are four sub-parts in the given question. Hence, we shall solve only the first three sub…

Q: The cost function for flavored coffee at an upscale coffeehouse is given in dollars by C(x) = 3x +…

A: The break-even point is the sum of earnings required to fund a business's cumulative fixed and…

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: A shoe store sells 250 pairs of sneakers per month at a per-unit price of $115. This is the price…

A: Economic profit is the difference between total revenue and total cost. Total cost includes fixed…

Q: A firm’s estimated long-run total cost function is LRTC = 160Q - .6Q2 + .002Q3.  Suppose the firm is…

A: Cost elasticity refers to the responsiveness of cost with respect to the change in output level . It…

Q: A brewery produces regular beer and a lower-carbohydrate "light" beer. Steady customers of the…

A: Answer -

Q: A company makes solar panels. The company’s revenue function, in dollars, is R(n)=10n , where n is…

A: Note: Since more than 3 sub-questions are asked, due to Bartleby policy we are allowed to answer not…

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: that the fixed costs are $5780 per week and the cost of producing each set of clubs is $73.00. Each…

A:

Q: A commodity has a demand function modeled by p= 100-0.5x and the total cost function is C= 50x+37.5…

A: Answer: Introduction: Condition for maximum profit: Profit is maximum where marginal revenue is…

Q: discuss IKEA Variable product cost per item and Fixed product overhead costs per item

A: IKEA is a multinational company, it is the largest retailer in furniture segment, it designs…

Q: For April 2021, the actual cost per ASM (available seat mile) for Southwest Airlines was…

A: For Profit maximization, a firm operates at an output level where Marginal Cost is equal to Marginal…

Q: Calculate the loss incurred by the firm if the total revenue is $630 and the total cost are $900

A: The information given to us is as follows:- Total revenue = $630  Total cost = $900 Clearly TC >…

Q: Calculate price per unit if output is 4

A: The information being given is:- Total revenue = $3200 Output = 4 units  We have to calculate total…

Q: The Hartnett Corporation manufactures baseball bats with Pudge Rodriguez’s autograph stamped on…

A: The break-even point is the point at which total cost and total revenue are equal, meaning there is…

Q: A pharmaceutical company manufactures two brands of vaccines. The annual demand and cost functions…

A: Given,  A pharmaceutical company manufactures two brands of Vaccines A and B The Price of Vaccine A…

Q: The revenue and cost functions for a particular product are given below. The cost and revenue are…

A: Given values; R(x) = −0.2x2 + 172x   C(x) = 78x + 10065

Q: The variable cost to make a certain product is $73 per unit. Research indicates that the lowest…

A:

Q: Calculate Accounting profit if total revenue is $23,000 and explicit cost is $16,000

A: According to the above given question, the information given is:- Total revenue = $23,000 Explicit…

Q: Find total revenue if the price function is  P=70Q-500

A: Price function is: P=70Q−500 Where, P is the price of a good Q is quantity of a good

Q: The revenue function R(x) and the cost function C(x) for a particular product are given. These…

A: The total revenue function shows the revenue a firm is able to generate when it sells different…

Q: The CDE Co. manufactures widgets which it sells for $9.00 each. The variable cost of each unit is…

A: Break - even quantity is   the number of units that the firm needs to sell to cover the cost of…

Q: Pearl Ltd. intends to manufacture and market mechanical weighing scales. Their research department…

A: Given information; x = 6200 - 50p C = 7400 + 70x Where x is the number of scales that can be sold at…

Q: Find output of total revenue is $6400 and the price per unit is 400

A: The given information is as follows:- Total revenue = $6400 million Price per unit = $400  Using…

Q: What will be the accounting profit of the firm if the total revenue is $1020 and the explicit cost…

A: The information being given is :- Total revenue of the firm = $1020 Explicit cost = $350  We have to…

Q: You are the manager of World Wide Athlete, a chain of six sporting goods shops in your area. The…

A: Number of racing bikes sold per week when the price is $689.99= 15  During the sale, when the price…

Q: .. mated cost to construct a 30,000 square foot warehouse is $ (Round to the nearest dollar.)

A: Warehouse, Size x1 => 23000 ft2 Warehouse, Size x2 => 30000 ft2 Cost of x1 => 600,000 Cost…

Q: Calculate the value of total revenue if total cost is $6500 and profits are $800

A: The information given in the question is:- Total cost = $6500 Profits = $800 Total revenue = ? We…

Q: Given that the additional cost to produce an extra unit is 400 – 3x, profit is 700 - 4x – 2x ?, and…

A: Total cost = Variable cost + Fixed cost Fixed cost = RM 25 MC= 400-3x Also MC= ∆TC/∆Q TC=…

Q: Q4). A company has estimated its demand function and total cost function to be as follows: Q = 25 –…

A: here we calculate the following terms by using the demand and cost function so the calculation of…

Q: A firm's average total cost of production is Rs.300 at 5 units of output and Rs.320 at 6 units of…

A: Marginal cost represents the additional cost that the firm must incur when it produce one extra unit…

Q: the marginal profit of this company is determine by the following for each unit. If the total profit…

A: Given: The total profit for 6 units is = $230 The marginal profit is =  To Find: The total profit…

Q: The total cost and total revenue functions for a product are C(q) = 80000 + 50g +0.004q? R(q) = 150g…

A: Hey, thank you for the question. Since there are multiple questions posted, we will answer first…

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: Cal Tech Inc. manufactures video games for "The Play Station III". Variable costs are estimated to…

A: GIVEN     Q = 1,000 - 4P 4P = 1,000 - Q P = 250 - 0.25Q

Q: Calculate the Economic profit if revenue is $6000 , explicit cost is $500 and the implicit cost is…

A: The Given information is:- Revenue = $6000 Explicit cost = $500 Implicit cost = $2000 We have to…

Q: What would be the profit earned by the firm if his total revenue is $490 and the total costs are…

A: The information given is as follows:- Total revenue earned = $490 Total costs = $500 Total revenue…

Q: Micromedia offers computer training seminars on a variety of topics. In the seminars each student…

A: Micromedia offers computer training seminars on a variety of topics. In the seminars each student…

Q: Calculate output if total revenue is $6600 and the price per UNIT is $11

A: The data presented In the question above is :- Total revenue = $6600  Price per unit = $11  Total…

Q: The marginal cost is interpreted as Select one: a. The cost of producing one additional unit. b. The…

A: Total cost is defined as the sum expenses incurred by the firm to produce goods and services. Total…

Q: The company that produces microwave ovens operates in a competitive environment. The total cost…

A: In a perfectly competitive market, the point of maximum profit is the point where the marginal…

Q: A small business can produce a maximum of 43 of its product per month and sell them for $7 each. The…

A: Given information: A small business can produce a maximum of 43 units of its product per month, and…

Q: A company manufactures mountain bikes. The research department produced the marginal cost function…

A: Answer to the question is as follows:

Q: Calculate the total revenue of the firm when it is given that the accounting profit is $600 and the…

A: We are provided with the information:- Accounting profit = $600 Explicit cost = $240 We need to find…

Q: A company is planning to manufacture PDAs personal digital assistants. The fixed cost will be…

A: Fixed cost are the cost which is independent of the total output produced. In contrast to this,…