Crawford Computing finds that its weekly profit, in dollars, from its production and sale of x laptop computers is P(x)=-.002x^3-.15x^2+400x-800 Currently, Crawford builds and sells 9 laptops weekly. (a) what is the current weekly profit?  (b) how much profit would be lost if production and sales dropped to 8 laptops weekly? (c) what is the marginal profit with x=9?  (d) use answers from parts (a) and (c) to estimate the profit resulting from the production and sale of 10 laptops weekly.

Q: a) The marginal profit MP(x) for producing x units of an electrical appliance is given by the linear…

A: A business unit will keep producing and selling more quantity of its service as long as its…

Q: The cost of producing 5-gallon water bottles is given by  C(q) = 0.005q2 + 2q + 1000. If 2000…

A: Total costs, C(q) = 0.005q2 + 2q + 1000. Quantity = 2000

Q: hen the production volume (Q)is(100)units and the total costs (TC)is (1500) omani RIyals and fixed…

A: Total cost TC = Fixed cost FC + Total Variable cost TVC

Q: A. Will you invest a project that requires a $ 200,000 today and returns $50,000 at the end of the…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: 14.The demand function for a new product is p(x) = - 2x + 7 , where p is the selling price of the…

A: Profit is the difference between total revenue and total cost. Total revenue is the product of price…

Q: b. If AC= Q?-4Q+10 i. Final the total cost and marginal cost function. Is this function is more…

A: TC = Q x AC = Q3 - 4Q2 + 10Q MC = dTC/dQ = 3Q2 - 8Q + 10

Q: Suppose that the dollar cost of producing q appliances is c(q) = 1500 + 80q - 0.1q?. (a) Find the…

A: As given Cost function C(q) = 1500 + 80q - 0.1q2

Q: If the MC is 10 dollars and the MR is 10 dollars in a perfect market and the ATC is 5 dollars and…

A: Maximum profit refer to the amount received by the seller and a price which is paid by the consumer…

Q: A firm estimates its production function as Q = -2.4 + 20*L -.5*L2 -3*F2. Total cost is TC = $2*L+…

A: Q= -2.4 + 20L - 0.5L2 + 30 K - K2 + 15F - 0.3F2 TC = 2L + 2.5K + 1.75F Price (P) = $200

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: Paccar Winch makes winch components for its different product lines. The firm operates its…

A: Given that,

Q: A factory makes bicycle tires. The cost, C, in dollars and revenuue in dollars, R, are both…

A: Costs are the expenses that a firm incurs in the form of purchase of inputs to produce goods and…

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

A:

Q: The cost of producing 5-gallon water bottles is given by C(q) = 0.005q2 + 2q + 1000. If 2000…

A: i.) Marginal cost can be calculated as follows: When q = 2,000, then the marginal cost can be…

Q: The same firm produces 500 lawnmowers per week. It hires 20 full-time workers (40 hours/week) at an…

A: Given that, Units produced = 500 Here , hiring workers and raw materials are variable cost . Raw…

Q: A large architectural firm has just landed a contract to build a hospital. Nine architects currently…

A: In economics, total cost is the sum of all costs incurred by a firm in producing a certain level of…

Q: Fixed costs decrease per unit of output as volume decreases. True O False

A: Fixed Cost is that cost which are not changed as output changed, that means if output increases or…

Q: A firm estimates its production function as Q = -2.4 + 20*L -5*L2 + 30*K -1.00*K2 + 15*F 3*F?. Total…

A: Profit maximizing firm will maximize profit: Profit = P*Q - TC Profit = 200(-2.4+20*L - 0.5*L2 +…

Q: 6. If the Marginal Cost for a product is found to be MC = 8x + 60, and the Marginal Revenue is given…

A: We are going to use Profit maximization method to answer this question. Use differentiation and…

Q: firm estimates its production function as Q = -2.4 + 20*L -.5*L2 + 30*K -1.00*K2 + 15*F -.3*F2.…

A:

Q: Kesearcn LaD NIKing Loage Totai Action (Dollars) (Dollars) (Dollars) No Recycling 2,000 1,000…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: C (z) = 0.0423 – 20z+ 350. (a) Find the marginal cost function. a ab |a| sin (a) MC (z) = (b) Find…

A: The marginal cost is the incremental cost incurred in the production of an additional unit of a good…

Q: Solve the problem. 28) A kitchen remodeling company determines that the marginal cost, in dollars…

A: Given, C'(x) = 7x-13C(x) = 7x-13dx Cost of installing d x feet.

Q: For a company that manufactures wooden furniture the fixed costs is $900,000 per month. The variable…

A: A variable cost is a corporate expense that changes in proportion to how much a company produces or…

Q: A small farmer produces two types of crops, A and B. A and B generate $30 and $25 per bushel…

A: You have asked multiple questions. We will answer the first question for you. If u want any specific…

Q: The Grady Tire Company Recaps tires. The weekly fixed cost is $2,500, and the variable cost per tire…

A: A profit function is described as a mathematical association between output and the total profit of…

Q: A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy…

A: Break even Point : Break even point can be defined as a point below which no producer will sell as…

Q: consider in addition to PRODU COST that affects PRICE. There is one other COMPETITOR focused on the…

A: * ANSWER :-    Based on the given information the answer is given as follows

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: C&A Fast Food has four activities in serving a customer: greet customer, take order, process order,…

A: Bottleneck process is the process with longest processing time. Therefore, the bottleneck process is…

Q: A company handles an apartment building with 50 units. Experience has shown that if the rent for…

A: To maximize profit, the company needs to ensure that the marginal revenue of selling one more…

Q: A cookie company can produce 500 cases of chocolate chip cookies a week at a total cost of $3,000…

A: According to the question, it is given that : A cookie company can produce chocolate chip cookies…

Q: A firm estimates its production function as Q = -2.4 + 20*L -.5*L2 + 30*K -1.00*K2 + 15*F -.3*F2.…

A: Given, The production function, Q = -2.4+ 20 L - 0.5L2+30K - 1.00K2+15F- 0.3F2 The total cost…

Q: Assume: A firm pays $500 for a unit of capital. This capital generates $500 of total revenue. The…

A: Explicit cost is fixed and variable costs of making a decision. Implicit cost is the opportunity…

Q: Cost, revenue, and profit are in dollars and x is the number of units. Suppose that the marginal…

A: Profit = $7,816 Units = 396

Q: Can you please answer parts d & e below only as you have answered the first 3 parts previously:…

A: Given; Fixed cost= 50000 Average variable cost= 10000Q+Q20000

Q: 1. A firm estimates its production function as 2 Q = -2.4 + 20*L -.5*L< + 30*K -1.00*K² + 15*F…

A: Q= -2.4 + 20L - 0.5L2 + 30 K - K2 + 15F - 0.3F2 TC = 2L + 2.5K + 1.75F w = 2, r = 2.5, f=1.75 (the…

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

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

Q: 2. The relationship between price and demand per month for a consumer product is p = 3500 -1.1D1S…

A: Here, demand curve is given as: P=3500-1.1D1.5 Fixed cost: $300 per month Variable cost: $4 per…

Q: Cost RevenueRevenue Quantity Variable Price costs PER UNIT 0 $0.00 $5,3 1 $5.50 $5,3 2 $6.00 $5,3 3…

A: The marginal cost refers to the additional cost that the producer incurs when he/she chooses to…

Q: Suppose that the profit function for a product can be calculated as follows: Profit(300-C1-C2)…

A: Given: Given: Profit=(300-C1-C2)*X-10000 Labor cost range: $38.4-46.3 per unit Part cost range:…

Q: Suppose that the dollar cost of producing q appliances is c(q) = 1500 + 140q-0.3q. (a) Find the…

A: Note: In the BNED Guidance, only the first question can be answered at a time. Resend the question…

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 firm is currently producing 10 units. Its fixed costs are $100 and its variable costs are $40.…

A: From the details we can find total cost.

Q: 3(a) The cost of manufacturing motor cycles (per day) is related to number to number of motor cycles…

A: Given  Total cost in SAR:  TC=x33-200x2-50000x         ... (1) We have to find a cost-minimizing…

Q: c) Graph P. d) Use your graph of P to estimate the number of panels that give maximum profit. e) How…

A: "Since you have posted a question with multiple sub-parts, we will solve the first three subparts…

Q: %3D A company makes solar panels. The company's revenue function, in dollars, is R(n)=10n, where n…

A: We are going to answer these questions using maximization method and using Solver function in excel…

Q: A firm's production function is *= 4z + 8y - 3z2-2ry-3y? and its maximum output capacity is 2z +y =…

A: In economics, a production function gives the technological relation between quantities of physical…