IF THE MARGINAL REVENUE IS EQUAL TO THE TOTAL COST PRODUCER IS IN EQUILIBRIUM IS THIS STATEM ENT RIGHT22222

Q: The profit derived from producing a certain product is p = 30x -X^2-200 where X = number of product…

A: Economic profit= total  revenue- total cost

Q: An enterprise capitalist costs 830 dollar to buy production data, the cost that uses at labourers…

A: Surplus value was a Marxian economic notion that claimed to explain the capitalist system's…

Q: The marginal cost, in dollars per unit, for a company's portable heater is C'(q) = 48 – 0.03q +…

A: We are going to integrate the area between Marginal revenue and Marginal Cost curve to find the…

Q: 920 it bait of 289301 Sindspis ON SEU pilkupeni A30S AO +32 monulo2 An economist for a sporting…

A: Given: Revenue function  R(x)=-x2+10xCost functionC(x)=4x+5

Q: The answer in the textbook says when x>5 how do you get that ?

A:

Q: the revenue function for making the worst widget is r(x)= 15.01x-100. The cost function for…

A: The cost function measures the minimum cost of producing a given level of output for some fixed…

Q: A company's revenue and cost function is given by R = 80Q – Q? and C = 55 – 120Q + Q? respectively.…

A:

Q: If x items of a commodity are sold to a wholesaler, the price per item is 500 − 2x − 0.1x2 dollars.…

A: Introduction It has given that x is no. of item sold to a wholesaler. Price of per item is = 500 - 2…

Q: Wayar Bagus Bhd (WYB) supplies standard electrical wiring to the construction and renovator markets.…

A: TC = $3,600 + $5Q + $0.01Q2   MC=dTC/dQ= 5+0.02Q 1) Given the market is perfectly competitive, the…

Q: а 1. The marginal revenue function for a manufacturer's product is of the form where e9+b a and b…

A: The change in total revenue (TR) with more unit of output in termed as marginal revenue (MR).

Q: 51 The marginal revenue function for a company's product is 50 f'(x) = 10- x+ x?, (2,-7) MR = 40,000…

A: Marginal revenue is the additional revenue that a seller would earn when the individual sold one…

Q: A company manufacturers and sells x electric drills per month. The monthly cost and price-demand…

A:

Q: Y = 0.75X + 0.0042X2 – 0.000023X3 If input price is 0.15$ and output price is 4$ then at what level…

A: The given equation is the production function of output Y. X denotes the amount of input. The profit…

Q: a. Compute total and marginal revenue to complete the following table. Quantity Demanded (units per…

A: * SOLUTION :-  * V)

Q: Given the marginal revenue function of a company MR = 250 – 8x, then the total revenue from selling…

A: Given  MR = 250 - 8x To calculate TR when x = 10 units

Q: The revenue in dollars generated from a sale of x picnic tables is given by R(x) =66x Answer parts…

A: Answer- Given in the question- R(x) = 66x - x2/250 "x" represent picnic tables Part B Answer- Need…

Q: In pure competition there are a(n) ______________ number ofsellers

A: Pure competition means that all producers are producing homogeneous good and there is perfect…

Q: The marginal costs (MC), average variable costs (AVC), and average total costs (ATC) for a firm are…

A: A profit-maximizing firm produces at the intersection point of MR and MC in order to maximize profit…

Q: Profit The profit for a product is given by P(x) =19x - 5060, where x is the number of units…

A: Any firm main objective is to maximize its profit. The difference between the firm total revenue and…

Q: Economics is best defined as the study of how a neonle make desisiona in n rld

A: Mainly, there are two branches of economics. 1. Microeconomics  2. Macroeconomics

Q: When firm must pay lump sum tax (which is a fixed sum, independent of whether it produces any…

A: "A lump sum tax is a tax which is imposed as a fixed amount and not on the basis of output."

Q: You are the CEO of Widget World Corporation. Researchers have developed a new electronic widget. The…

A: Expense Function is made up of Fixed Cost and Variable Cost Total Revenue = Price * Quantity Fixed…

Q: Q.1) The Metal Works Inc. received an order for 500 metal gates. The fixed cost is assumed to be…

A: As per total revenue it is known to be as the value of the total receipts a seller in the market can…

Q: Alpha is a perfectly competitive profit-maximizing firm with monthly variable cost of $4000 and…

A: Here, it is given that Alpha is operating in a perfectly competitive market with the variable cost…

Q: A 62 metre length of rope is cut into pieces whose lengths are in arithmetic progressionwitha common…

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

Q: If marginal revenue is -0.009 241,020 and the cost per unit is 1.5, how much do profits increase by…

A: Profits are the excess of revenue receipts over the costs incurred by the firm. Profits are…

Q: A manufacturer of wool roving has determined that the highest price per unit that can be charged to…

A: Given:

Q: A shipyard sales are $ 96531 when it sells 10 boats per year, and $ 110066 when it sells 11. What is…

A: Marginal revenue is the change in total revenue due to the sale of one additional unit. the marginal…

Q: The marginal revenue from the 10th unit is given by the following function:- 2Q2 - 36  Find the…

A: We are given with the marginal revenue function :- 2Q2 - 36 And the quantity is given as 10

Q: If the market price is $17/unit and the firm produces 4 units of output. If the total cost of…

A: Given data: Market price, $17/unit. Total units produced is 4. Cost of producing four units is $112.…

Q: Corm is producing a quantity of 20 units. The market price is $17. The firm's varable cos oced cost…

A: Total revenue is the revenue of a firm through their total sale of goods and services. It can be…

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

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

Q: ket price for a guitar tuner is $20 and the cost functions are: TC (9) = .01q² + .2q + 4950 MC (q) =…

A: Since you have posted multiple parts question, we will solve the first three parts for you. If you…

Q: A A company produces two company's revenue and cost functions are given by commodities, in…

A: Given a company that produces two commodities with a certain revenue and cost function. First, we…

Q: The marginal revenue of the nth box of flash cards sold is 100e^-0.001n dollars. Find the revenue…

A: Given the marginal revenue of the nth box=100e-0.001n

Q: Р МС $4.00 ATC $3.00 D $2.50 $2.00 MR 3,000 3,500 4,000

A: The imperfect competition is a market condition in which there will be many sellers selling…

Q: The revenue in dollars generated from a sale of x picnic tables is given by Rx) = 66x 250 Answer…

A: Hello. Since your question has multiple sub-parts, we will solve the first three sub-parts for you.…

Q: Given Cost and Price (demand) functions C(q) = 110q + 45000 and p(q) = - 2.8q+ 800, what profit can…

A: Thank you for the question, since you have posted multiple questions. As per BNED policy we can…

Q: Case Scenario/ Real World is television production company that manufactures movies. The market…

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

Q: Given the following profit function: T=-2Q^2+260Q-4500, Answer the following questions.

A: Profit is the difference between tital revenue and total cost . It is the amount left from the…

Q: What will this firm's profits equal in the long run? O -$55 $0 $250 $280

A: From give table we can show that  Option B is correct answer Firm profit equal to long run  will be…

Q: (b) Formidable Manufacturing Company has the following cost functions in the short run, where…

A: In short-run, there are two kinds of cost borne by the business company. These are fixed and…

Q: YCON101 FEX 2021 2Male Sppese the market price increased to $6. What is the firm's economic profit…

A: The following problem has been solved as follows:

Q: 6. A-One bakery in Brampton sells 350 fruit cakes slices each month for $3.25 each. They are looking…

A: Given  At the price $3.25, the quantity sold of fruit cakes slices =350 per month "Sales of fruit…

Q: A manufacturer's marginal revenue function (a) :is dr If r is in omani rials, = 250 – q – 0.3q². dą…

A: “Hey, thank you for the question. Since there are multiple questions posted, we will answer first…

Q: 26) When a firm produces 50,000 units of output, its total cost equals $6.5 million. When it…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: marginal cost is given by dc/dq= q? + 7q + 6, and fixed costs are 2500, determine the total cost for…

A: the marginal cost is the change in the total cost that arises when the quantity produced is…

Q: If the market price is $17/unit and the firm produces 4 units of output. If the total cost of…

A: Profit is something that you earn by doing business that is you sell something more than it costs.…