Q: Given Cost and Revenue functions C(q)=q3−10q2+57q+5000 and R(q)=−3q2+2400q, what is the marginal…
A: We have to find marginal cost at a production level of 40 items Given that: Cost function is…
Q: Find the consumers surplus if the demand function for a particular beverage is given by…
A: The consumer surplus is given by C.S.=∫q=0q=eDq dq -e·De, where e is equilibrium value of q. Here,…
Q: Given the demand function Pa= 24 Q2 and the supply function Ps = 3Q+14. Assuming pure competition,…
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Q: Given the demand function D(x)=100e^-0.05x find the average price over the demand interval…
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Q: Consider the price-demand equation given by 6,000 – x 1, 200 Which of the following gives D(p), the…
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Q: Homework help I think I got the answer just want to make sure
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Q: If C(x) = 16,000 + 600x – 1.6x2 + 0.004x3 is the cost function and p(x) = 1,800 – 7x is the demand…
A: Given query is to find the production level where profit is maximum.
Q: Given the demand function p=20-0.0002x and x=30 , What is the price elasticity of demand at x=30?
A: The given function p=20-0.0002x
Q: 20. Given the demand function P = 80 – 2Q, what is the %D Marginal Revenue when P is 40? А. О В 1 с…
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Q: A firm has the following average cost and demand function Ac= 3Q+7+12/Q Q= 10-P What is the…
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Q: The total cost of producing x periodicals is given by the function C(x) = 600 + 18x – 0.8x² + 0.9x³.…
A: The total cost of producing x periodicals is given by the function C(x)=600+18x-0.8x2+0.9x3. for…
Q: 1 —х, х 3D400 2 d(x) = 900
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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: Given Cost and Revenue functions C(q)=q^3−10q^2+58q and R(q)=−3q^2+2400q, what is the minimum…
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Q: A manufacturer has determined that m employees will produce a total of q units of product per day,…
A: the marginal-revenue product is given by dR/dm where R is the revenue. Using the chain rule of…
Q: Given the demand function, P = 10 – 2Q and the %3D Total Cost function, TC = 40 + 3Q which is the…
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Q: Find the consumers' surplus if the demand function for a particular beverage is given by…
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Q: the demand function for a particular beverage is given by D(q)=(3000)/((3q+2)^(2)) and if the supply…
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Q: Given the demand function D(p) = √300-2p. Find the Elasticity of Demand at a price of $14 0 X
A: We can find elasticity of demand.
Q: If the demand curve for a particular commodity is p=0.09x+51 and the total cost function…
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Q: Maximise the profit for a firm, assuming Q > 0, given that: • its demand function is P = 4,000 - 33Q…
A: Demand function of the firm is given by P=4000-33Q Cost function: C=2Q3-3Q2+400Q+5000
Q: If consumption is $3.9 billion when income is $1 billion and if the marginal propensity to consume…
A: given, dCdy=0.5+0.2y
Q: given the demand function D(x)=100e^-0.05x find the avergage price over the demand interval (40,60)
A: To find the average price over the demand interval (40, 60).
Q: Find the consumers' surplus if the demand function for a particular beverage is given by D(q) = 4000…
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Q: 12. Given the revenue function r= 10 and when q = 20. 60q – 0.2q?, find the marginal revenue when q…
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Q: For the demand function d(x) and demand level x, find the consumers' surplus. d(x) = 7000 − 18x, x…
A: The demand function d(x) = 7000 – 18x The market price M = d(k) Now, the value of the consumer’s…
Q: Suppose the demand function D(x) = – 3x+7 and supply function S(x) =2x+2. Find consumer surplus at…
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Q: Given the demand function D(p) = 200 – 4p, Find the Elasticity of Demand at a price of $2
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Q: Given the demand function P = 80 – 2Q, what is the Marginal Revenue when P is 40? A. 0 B 1 C 2 D 4…
A: Use the following formulae, to obtain the solution. Revenue, R=Price×QuantityMarginal Revenue,…
Q: Find the producers' surplus if the supply function for pork bellies is given by the following. 3/2…
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Q: Given the demand function: P = 100 - 3Q. Find the value of the marginal revenue (MR) at Q = 10
A: Since, the demand function is P=100-3Q -(i)Since, the total revenue is the product of price and…
Q: A firm faces a demand function of the form P = 90 – 2Q? (a) Plot the graph for their total revenue…
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Q: 3. Find the demand function for a clock manufacturer if marginal demand, in dollars, is given by p'…
A: Given, The marginal demand p'x = -24x3x2+12 p1 = 10 We have to find demand function px
Q: Consider the following demand and supply functions. D(x) = 200 – 0.9x, S(x) = 0.7x + 160, 0 < x < 60…
A: Given , Demand function is D(x) = 200 - 0.9x Supply function is S(x) = 0.7x + 160 0 <= x <=…
Q: Given cost and price (demand) functions C(q)=120q+40,300 and p(q)=-2q+890, what is the marginal…
A: Given cost function and demand functions are as follows:
Q: Find the producer surplus for a commodity with a demand function p = 12 / x + 1 and a supply…
A: Given data- We have given the demand and supply functions. Demand function p = 12 / x + 1 Supply…
Q: Given the demand function D(p) = /375 – 4p, Find the Elasticity of Demand at a price of $25
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Q: Given Cost and Price (demand) functions C(g) = 120q + 45000 and p(g) = - 2.2q + 900, what is the…
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Q: Given supply and demand functions D(q) = 49 – q² S(q) = 7q+ 5 determine the consumer surplus,…
A: Given, Dq=49-q2Sq=7q+5
Q: Given the demand function D(p)=275−2p^2 Find the Elasticity of Demand at a price of $2
A: We have to find the elasticity of demand at price of $2.
Q: Given cost and revenue functions C(q)=q^3-11q^2+54q+5000 and R(q)=-3q^2+2400q, what is the marginal…
A: Given Cq=q3-11q2+54q+5000Rq=-3q2+2400q To find the marginal profit, Marginal Profit=Marginal…
Q: What is the marginal revenue for the demand Q= 24 - 4P ? a) 24 - 0.5Q b) 6 - 0.25Q c) 24 - 0.25Q…
A: The demand function is given by Q = 24 - 4P Q = quantity P = price
Q: Given the demand function D(p) = /200 – 3p, | Find the Elasticity of Demand at a price of $50 At…
A: Given that: Demand function, D(p)=200-3p
Q: Given cost and revenue functions C(q)=q^3-11q^2+59q+5000 and R(q)=-3q^2+24000q, what cost is…
A: Given, Cost function, C(q)=q3-11q2+59q+5000 and Revenue function R(q)=-3q2+24000q
Q: Given: (x is number of items) Demand function: d(x) = 100 – 0.2x Supply function: s(x) = 0.6x - Find…
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Q: Given Cost and Revenue functions C(q) = q° -9q + 52g + 5000 and R(g) = - 3g + 2600q, what is the…
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Q: Suppose that the cost function for a commodity is C(x) = 60 + x2 dollars. (a) Find the marginal…
A: To evaluate marginal cost using differentiation
Q: Consider the following demand function: p=D(x)=112−2.8x Find the value of x that maximizes…
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Q: For the demand function d(x) and demand level x, find the consumers' surplus. d(x) = 500 − 1/2x, x…
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Q: 20. Given the demand function P = 80 – 20, what is the Marginal Revenue when P is 40? C 2 %3D A. В 1…
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