It has been determined that the cost of producing x units of a certain item is 10x + 475. The demand function is given by p = D(x) = 50 – 0.2r. Step 1 of 2: Find the revenue function. Answer R(x) =

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A: Given that, "Fixed costs = 15 sinks, Total costs = $2,500, Demand function q = 360-p, where q is the…

Q: Given: (x is number of items) Demand function: d(x) = 500 – 0.6x Supply function: s(x) = 0.2x - Find…

A: Recall: Equilibrium Quantity: Equilibrium point occurs when the supply function and demand curve…

Q: Consider the price-demand equation given by p=6,000−x/ 1,200. For which value of p is the elasticity…

A: P = (6,000 - X) / 1,200Hence, X = 6,000 - 1,200PdX / dP = -1,200

Q: If the demand curve for a particular commodity is p = −0.09x + 51 and thetotal cost function C(x) =…

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Q: In this problem, p is in dollars and x is the number of units. Find the producer's surplus at market…

A: The producer's surplus for a supply function g(x) at equilibrium is as follows. PS=p1x1-∫0x1gxdx

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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: A manufacture has been selling 1000 television sets a week at $480 each. A market survey indicates…

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Q: It has been determined that the cost of producing x units of a certain item is 6x + 860. The demand…

A: Given Cost function C(x) = 6 x + 860 Demand function D(x) = 50 - 0.5x

Q: If the demand curve for a particular commodity is p = −0.09x + 51 and thetotal cost function C(x) =…

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Q: The demand for a particular item is given by the demand function D(x) = 1100 - x² %3D Find the…

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Q: Find the consumers' surplus at a price level of $8 for the price-demand equation p = D(x) – 0.05x

A: Solution is given below : Answer: 1440

Q: The demand for a particular item is given by the demand function D(x) = 1400 – r2 %3D Find the…

A: The demand for a particular item is given by the demand function D(x)=1400-x2. Find the consumer's…

Q: It has been determined that the cost of producing x units of a certain item is 6x + 860. The demand…

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Q: If the demand curve for a particular commodity is p=0.09x+51 and the total cost function…

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Q: If the demand curve for a particular commodity is p=0,09x+51 and the total cost function…

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Q: 17. Given a demand function, p=v15x + 0<x<65, find the value of x x- 65 Use R=xp that produces a…

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Q: It has been determined that the cost of producing x units of a certain item is 10x + 365. The demand…

A: topic - functions

Q: In this problem, p is in dollars and x is the number of units. The demand function for a certain…

A: Consider the given demand function and supply function, p=183-2x2 and p=x2+33x+24 respectively the…

Q: In this problem, p is in dollars and x is the number of units. Find the producer's surplus at market…

A: Demand function is:  p=100-x2 Supply function is: p=x2+6x+44

Q: Given: (x is number of items) Demand function: d(x) = 841 -0.4x² Supply function: s(x) = 0.6x² Find…

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Q: In this problem, p is in dollars and x is the number of units. The demand function for a certain…

A: Given: The demand function for a certain product is p=144-x2 and the supply function is p=x2+2x+84.…

Q: (b) Given the demand function P = 120 – 3Q, fixed cost, FC of 50 and variable cost, VC of 5 per unit…

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Q: Find producer's surplus at the market equilibrium point if supply function is p= 0.7x+12 and the…

A: Given that, Supply function is, p = 0.7x + 12 and the demand function is, p = 164.7/x We have to…

Q: It has been determined that the cost of producing x units of a certain item is 10x + 475. The demand…

A:

Q: for  a production level of x units of a commodity, the cost function is C(x)=100x+2500 the demand…

A: Obtain the revenue function as follows.

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: Find the demand function p, given the marginal-revenue function dr/dq below. dr = 245-3q-0.99 bp p=…

A: Given query is to find the demand function.

Q: Given the given cost function C(x)=6600+400x+.7x2 and the demand function p(x)=1200 Find the…

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Q: Find the demand function p, given the marginal-revenue function dr/dq below. dr = 269 – 9q - 1.29 dq…

A: Here, the given marginal revenue function is: drdq=269-9q-1.2q2...(1) where r is the revenue…

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: A commodity has a demand function modeled by p = 105 − 0.5x and a total cost function modeled by C =…

A: Given  Demand function. p = 105 − 0.5x  total cost function C = 30x + 31.75

Q: The daily demand price function of selling x units of a product is given by p 100-4x. What is the…

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Q: A manufacture has been selling 1700 television sets a week at $420 each. A market survey indicates…

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Q: The manufacturing laundry sinks has fixed costs if $100 per day but has total costs of $2,500 per…

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Q: Find the cost function C(x)-

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Q: A manufacturer has been selling 1800 television sets a week at $480 each. A market survey indicates…

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Q: In this problem, p is in dollars and x is the number of units. Find the producer's surplus at market…

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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: (3) The demand function for a tablet is given by the model p=200–16x² where p is measured in dollars…

A: Given query is to find the number of units produced to get the same profile of 125 million dollars.

Q: It has been determined that the cost of producing x units of a certain item is 5x + 260. The demand…

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Q: For the supply function s(x) and demand level x, find the producers' surplus. s(x) = 0.09x2, x =…

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Q: 2) The demand function for a tablet is given by the model p= 200 – 16.22 where p is measured in…

A: Given, the demand function for a tablet is given by the model p= 200 – 16x2 where p is measured in…

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: If the demand curve for a particular commodity is p=0,09x+51 and the total cost function…

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Q: Find the market equilibrium price for the demand function D(X) = 2x? – x + 6 And the supply function…

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Q: How large a rebate should the company offer the buyer in order to maximize its revenue

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Q: 7000 Find the consumers' surplus if the demand function for a particular beverage is given by D(q) =…

A: Here we have to find the consumer's surplus if the demand function for a particular beverage is…

Q: Suppose that the demand equation and the cost function are given by – p = 125 − 0.1q C(q) = 800 +…

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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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