If, in a monopoly market, the demand for a product is p = 2800 − x and the revenue is R = px, where x is the number of units sold, what price will maximize revenue?

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A: Given Information -  If the rent is $500 then all 100 units apartment of complex will be occupied.…

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Q: The manufacturer of a CD player has found that the revenue R (in dollar) is R(p)=-5p^2+1,090p, when…

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Q: Suppose that the total profit function for a company is given by P(x) = 4x³ — 210x² + 3600x - 200,…

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Q: An automobile dealer can sell 12 cares per day at a price of $15,000. He estimates that for each…

A: An automobile dealer can sell 12 cares per day at a price of $15,000. He estimates that for each…

Q: Suppose that r(x) = 9x and c(x) = x3 - 6x2 + 15x are the revenue and the cost functions, given in…

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Q: Suppose that the demand x (in units) for a product is x = 5,000 – 50p, where p dollars is the market…

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Q: Find the price that will maximize profit for the demand and cost functions, where p is the price, x…

A: Given query is to find the price that will maximize the profit.

Q: c) The fixed costs of a business for production of a particular item over a period are $1000 while…

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Q: A 310-unit hotel is trying to determine their daily rates. From experience, the hotel manager knows…

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Q: An apple grower finds that if she plants 40 trees per acre, each tree will yield 230 bushels of…

A: Let x be the number of additional tress.From the given information, the total number of trees is (40…

Q: A 350-unit hotel is trying to determine their daily rates. From experience, the hotel manager knows…

A: Given Number of Units: 350  Daily Room Rent: $94  Rent after increasing x dollars: 94 + x  Units…

Q: f in a monopoly market the demand for a product is p=1600-x and the revenue is R=px, where x is the…

A: Given,  The demand for a product is  p=1600-x Revenue is R = px  where x is the number of units sold…

Q: The cost per unit of producing a product is 200 + 0.2x dollars, where x represents the number of…

A: Find the total cost.

Q: If the cost function C(x) = x2 + x + 100, in Iraqi dinars, where x is the production size. The…

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Q: If, in a monopoly market, the demand for a product is p = 175 - 0.50x and the revenue function is R…

A: Given that, the demand price of a product, p=175-0.5x We know that, revenue function, Rx=px   ,…

Q: if in monopoly market the demand for product is p=1600-x and the revenue is R=px, where x is the…

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Q: Suppose that the price per unit in dollars of a cell phone production is modeled by p = $45 -…

A: Given:   The price per unit of phone is given as P=$45-0.0125x     where x is in thousands of phones…

Q: If, in a monopoly market, the demand for a product is p = 160 − 0.10x and the revenue function is R…

A: Given,  The demand function :  p = 160-0.10x  The revenue function : R = px  Where x is the number…

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Q: If a consumer has an income of $200, the price of X is $5, and the price of Y is $10, what is the…

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Q: Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is p…

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Q: A firm can produce 500 units per week. If its total cost function is  C = 500 + 1200x  dollars and…

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Q: A company has determined that for product A,150 units are demanded if price RM40, and 100 units are…

A: Here, given that 150 units are demanded if price RM40, and 100 units are demanded if the price is…

Q: If, in a monopoly market, the demand for a product is p = 175 − 0.50 x and the revenue function is r…

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Q: If the demand equation of a good is P=/1000 – 4Q, find the value of Q which maximizes total revenue.

A: Given: P=1000−4Qwhere,P→PriceQ→Quantity

Q: The cost of producing x units of a certain commodity is C(x) = 1x² + 5x+8 dollars. If the price is…

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Q: A firm has two plants, X and Y. Suppose that the cost of producing x units at plant X is  x2 + 600…

A: Given, cost of producing x units at X plant = x2+600 cost of producing y units at Y plant = 3y2+1400…

Q: A company has revenue function R(q)=202q and cost function C(q)=169+10q^2, where q stand for the…

A: Revenue function is given by Rq = 202q The cost function is given by Cq = 169+10q2 To evaluate : The…

Q: Suppose that the total profit function for a company is given by P(x) = 4x³ - 210x² + 3600x - 200,…

A: We have to choose correct option for given questions.

Q: If the total revenue and total cost (in dollars) are given by R(x) = 5x – 0.003x² - C(x) = 300 +…

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Q: The fixed costs of a business for production of a particular item over a period are $1000 while the…

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Q: If a profit function of a firm is given by P(x) = -1500 + 160x - x^2 and limitations on space…

A: Given - If a profit function of a firm is given by Px = -1500 + 160x - x2 and limitations on space…

Q: Find the break-even point for the firm whose cost function C and revenue function R are given. С(x)…

A: It is given that the cost function is Cx=13x+16000 and revenue function is Rx=21x. Recall the fact…

Q: A company operates two plants which manufacture the same item and whose total cost functions are C1…

A: I am going to solve the given problem by using some simple calculus to get the required result.

Q: If, in a monopoly market, the demand for a product is  p = 1700 − x  and the revenue is  R = px,…

A: Given data: The demand is p=1700-x. The revenue is R=px.

Q: An apple grower finds that if she plants 70 trees per acre, each tree will yield 164 bushels of…

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Q: A 60 room hotel is filled to capacity every night at a rate of​ $40 per room. The management wants…

A: Given that A 60 room hotel is filled to capacity every night at a rate of​ $40 per room. The…

Q: If, in a monopoly market, the demand for a product is p = 2100 x and the revenue is R = px, where x…

A: Maximize revenue

Q: 4) If the total revenue function for a computer is R(x) = 45x + 3x? – x3 a) Find the level of sales,…

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Q: Suppose that the revenue in selling x tables is equal to 200x – 0.25x“ dollars, and the cost of…

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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…

Q: in a monopoly market, the demand function for a product is p = 115 − 0.10x and the revenue function…

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Q: The market for a particular consumer good has a demand function given by: q = 24 - p and supply…

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Q: 3. Suppose that the revenue in selling r tables is equal to 200x – 0.25x2 dollars, and producing a…

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