If a small country with a demand of P= 80 - 2Q and a supply of P = 40 + 2Q decides to provide an export subsidy of $5 per exported unit while the world price is $65, then the government cost of the export subsidy is

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Q: It has fixed costs of $2625 related to the production of the t-shirts, and the production cost per…

A: Hey, since there are multiple subparts posted, we will answer first 3 questions from iv to vi. If…

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Q: manufacturer of lighting fixtures has daily production costs of C = 800 - 30x + 0.75x^2, where C is…

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

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Q: If the demand equation of a good is P = 40 − 2Q find the level of output that maximizes total…

A: Given, P= 40- 2Q

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Q: If the demand equation for a monopolist is p = 150 - .02x and the cost function is C(x) = 10x + 300,…

A: The demand equation is represented by p(x), the cost function is represented by C(x), and the…

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

A: Note that, the total revenue of company B is p×x. ⇒TR=15x-x2125 And the total cost of company B is…

Q: If the demand equation for a product is = 400 – q? and the supply equation for a product is p= 20q +…

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Q: A large corporation with monopolistic control in the marketplace has its average daily costs, in…

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Q: Given the supply and demand functions of good p = x3 + 2xs + 12 p = -x3 – 4xp + 68 Calculate the…

A: At equilibrium, the demand curve crosses the supply curve . Hence, xs=xp=x . The solution of the…

Q: If the demand equation is D(x) = 180 - 6.3x and the supply equation is S(x) = 8.2x + 3, find the…

A: If the demand equation is D(x) = 180 - 6.3x and the supply equation is S(x) = 8.2x + 3, then we have…

Q: If the cost to manufacture and sell a certain product is given by C (x) = 600x + 53, 000 and the…

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Q: Given Cost and Revenue functions C(q) = q° - 9q° +51q + 5000 and R(q) = - 3q +2600q, what costs…

A: Given that revenue function and cost functions as R(q)=-3q2+2600q and C(q)=q3-9q2+51q+5000 To find…

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

A: Hey, since there are multiple sub-parts posted, we will answer the first 3 sub-parts. If you want…

Q: An old fashion clock maker has fixed costs of $5000 for his business and the material for each clock…

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Q: If the demand function for a commodity is given by the equation  p2 + 16q = 1800  and the supply…

A: If the demand function for a commodity is given by the equation p2 + 16q = 1800 and the supply…

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Q: A manufacturer sells magnetic phone mounts for $24. The monthly fixed costs for the company are…

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Q: A company manufactures two types of bicycles, a racing bicycle and a mountain bicycle. The total…

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Q: he weekly demand equations for the sale of x tennis rackets at price p and y tennis balls at price q…

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Q: Given the demand equation D(x)= -.2x +.9 and the supply equation s(x)= .8x + -.8x find equilibrium…

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Q: Given the demand equation  4x + p − 40 = 0 and the supply equation 6x − p + 10 = 0,  where p is the…

A: Given the demand equation 4x + p − 40 = 0 and supply equation 6x − p + 10 = 0 For equilibrium…

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Q: manufacturer has RM8,000 to spend on the development and promotion of a new product. It is estimated…

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Q: If a company has total costs  C(x) = 35,000 + 55x + 0.1x2  and total revenues given by  R(x) =…

A: Given: C(x) = 35,000 + 55x + 0.1x2   R(x) = 625x − 0.9x2

Q: Given Cost and Revenue functions C(q)=q^3-8q^2+52q+5000 and R(q)=−3q^2+2500q​, what costs should…

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Q: In this problem, p and C are in dollars and x is the number of units. A monopoly has a total cost…

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Q: The supply and demand equations for a particular product are p= 80 + 0.18q andp=…

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Q: If total costs are C9x) = 1600 + 1500x and total revenues are R(x) = 1600x - x2, find the break-even…

A: Given the cost function Cx=1600+1500x and the revenue function Rx=1600x-x2.

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Q: If the demand function is P = 74 – Qå and the supply function is P = (Q, + 2)². Calculate the…

A: Explanation: Given that, Demand & supply functions:                      In case of equilibrium…

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Q: The manufacturer of color televisions can sell 1600 sets to his dealers at $427 each. If the price…

A: The manufacture of color televisions can sell 1600 sets to his dealers at $427 each. If the price is…

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A: Given :- total farm area available = 30 acre. Cost of seed per acre in crop A = $25 Cost of seed per…

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.