Q: P (E) P (P) 40 5 80 Qd -10 Qs
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A: Here, a particular demand function is given as: D(x)=0.5x2+3x+190 To find: marginal revenue at the…
Q: given by R(q)=−5q^2+800q , where R(q)is in dollars and qq is units sold. Find a numeric value for…
A: Marginal revenue is the additional revenue earned with an extra unit sold.
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Q: Find the demand function for the marginal revenue function. Recall that if no items are sold, the…
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Q: if total revenue function is given as; TR=(q2-8q+7)4 find the marginal revenue if the demand…
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A: The marginal revenue is calculated by differentiating the total revenue. Marginal revenue measures…
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Q: Find the marginal revenue expression of Q1 when the demand function is the following: а) Р%3D 50 —…
A: a) P = 50- 5Q1b) P = 100 - 2Q1C) P = 125 - 5Q1 - Q2 - 0.05Y
Q: Find the marginal revenue function for the total revenue function given by 1 TR(Q) = 500Q Q3 3.
A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: For the demand function Q = 50 – P, what is the Q that maximizes Total Revenue , and the Q where…
A: First deriving inverse demand function P = 50 - Q Total Revenue (TR) = P × Q TR = (50 - Q)Q TR =…
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A: Meaning of Marginal Revenue: The term marginal revenue refers to the situation under which the…
Q: The total Revenue curve of a firm is R(q) = 40q -12q^2 and its average cost A(q) = 1/30q^2 – 12.85q…
A: Given Total Revenue (TR) = 40q - 12q2 Average Cost (AC) = (1/30)q2 - 12.85q + 20 + 400/q
Q: A firm's demand function is Q = 16 - P and its total cost function is defined as TC = 3 + Q + 0.25Q²…
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A: The measure that depicts expenses that are being incurred for carrying out day-to-day transactions…
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A: Demand equation: p = 400 - 0.5x Revenue is multiplication of price and quantity demanded => TR =…
Q: A firm's demand function is Q = 16 - P and its total cost function is defined as TC = 3 + Q+ 0.25Q²…
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Q: Given cost and price (demand) functions C(q)= 110q + 44,600 and p(g) = - 2q + 860, what is the…
A: The increase in income that occurs from the sale of one additional unit of output is known as…
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A: Marginal revenue is a change in total revenue when an additional unit is sold.
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Q: Imagine the demand function for your firm’s product is q = 1500 – 4P. How much is the Total revenue…
A: q = 1500 – 4P 4P=1500-q P=(1500-q)/4 Total Revenu=Price*Quantity TR=Pq TR=[(1500-q)/4]*q
Q: referring to the graph above, the profit-maximizing quantity is a. 7 b. more than 10 c. 10 d. 0
A: Profit maximizing quantity is such a quantity where marginal revenue is equal to marginal cost.
Q: A firm faces the demand schedule p = 120-3q and the total cost schedule TC = 120 + 36q+1.2q² a.…
A: We have given demand curve p=120-3q And total cost, TC = 120+36q + 1.2q2
Q: If the total revenue function of a good is given by TR= 900Q- 3Q² Find Marginal Revenue at Q=20…
A: TR=900Q-3Q2MR=∂TR∂Q=900-6Q Now, we need to find MR at Q=20 Therefore, MR=900-6(20)MR=780 And TR =…
Q: given the function c(x) = 100 + 8x + 0.1x^2 find the marginal profit At x = 50 if the price per unit…
A: given c(x) = 100 + 8x + 0.1x^2 x = 50 and price per unit (P)= 20
Q: Consider the total revenue function, TR = 53 + 8Q + 6Q^2 Find the marginal revenue (MR) at Q= 6.
A: When a firm develops its total revenue function, it can use this function to compute other…
Q: The demand function Q= J(p) is given in the graph below, where 1s thousands of units of output, and…
A: Answer(d) - The profit function is π = f-1(Q)×Q - (10+3Q+Q2)
Q: ie demand function for a company is p = 200 - 31 and the cost function is given by C(z) U+ 80z - z.…
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Q: 0.2x The price-demand equation for the production of x ski jackets is given by: p = 200 1. Write the…
A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…
Q: The profit function of a good is given by the following: n = -5Q2 + 631Q – 3255 where P is the price…
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Q: Find the marginal revenue expression of Q, when the demand function is the following: a) P = 50 –…
A: Since you have posted multiple subparts as per the guidelines we can solve the first 3 supports of…
Q: Find the demand function for the marginal revenue function. Recall that if no items are sold, the…
A: The equation is given: R'(x) = 0.3x2 - 0.05x + 206
Q: For the demand function Q = 50 – P, the Q that maximizes Total Revenue is ______ and the Q where…
A: Q = 50 -P (calculate P from this demand funcation)P = 50 - Q Total Revenue(TR) = P x…
Q: The demand equation of a product is p=100/q+10. Find the marginal revenue when q=10.
A: Given that: Demand equation: p=100/q+10. Total revenue (TR) is the total sales of the firm based…
Q: 1. Teddy J is a manufacturer of dish washing liquid . If his monthly demand function for 750ml size…
A: i) To derive the expression for total revenue function: R(q)=P×QFor…
Q: The marginal revenue function for a manufacturer's is a of form (a)/(e^(q)+b) where a and b are…
A: he marginal revenue function for a manufacturer's is a of form (a)/(e^(q)+b) where a and b are…
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- Find the marginal revenue expression of when the demand function is the following:Consider the total revenue function, TR = 53 + 8Q + 6Q^2 Find the marginal revenue (MR) at Q= 6.For the demand function Q = 50 – P, the Q that maximizes Total Revenue is ______ and the Q where Marginal Revenue is zero is _______ . 25,25 25,50 50,50 50,25
- The marginal revenue function for a manufacturer's is a of form (a)/(e^(q)+b) where a and b are constants. A)Derive the demand function. B)Analyze the features of function elements of a and b.A demand function of a company is given by the equation P= 6.51 - ln(Q) (A) Find the total revenue (TR) (B) Find the marginal revenue (MR) (C) Determine the output Q at which TR is a maximumSuppose a product's revenue function is given by R(q)=−5q^2+800q , where R(q)is in dollars and qq is units sold.Find a numeric value for the marginal revenue at 20 units, and record your result in the box below.The Marginal Revenue MR(20)=
- The total revenue curve of a firm is R (q) = 40q - 12q2 and its average cost A(q) = 1/30q2 - 12.85q +20 + 400/q, where q is the firm's output (1) Derive an expression Π (q) for the firm's profit functionPlease solve for the marginal revenue function using the demand function: Q=1400-100pGiven Cost and Price (demand) functions C(q)=120q+45000 and p(q)=−2.8q+900, what is the marginal revenue when costs are $80,000? The marginal revenue is ____dollars per item.
- If the marginal revenue in dollars per unit for a month is given by MR= −0.04x + 36, find the total revenue function provided that R(0)= 25A firm has a cost function of C = 1000 + 20Q + 1/10Q2a) Estimate the firm’s demand function. You may assume that the slope is a wholenumber, and the intercept is a multiple of 10. b) Find the firm’s revenue function. You do not need to draw it. c) Find the marginal revenue function, and draw it on a copy of the graph. d) Find and draw the marginal cost function.e) Use your results from parts (c) and (d) to find the profit-maximising level of output.(3 marks)f) Find the market price at this level of output.The total revenue curve of a firm is R(q) = 40q − 12q2 and its average cost A(q) = 1/30 q2 − 12.85q + 20 + 400/q , ,where q is the firms output. Derive expressions for the firm's: (i) total cost function (ii) total profit function