Suppose that the price p of a product abd its demand x are related through the price-demand equation x+400p=8,000 We're interested to find all the values of p such that the demand is elastic. Which of the following gives the correct regions(s)?

Q: A firm operates with the production function Q = K2L. Q is the number of units of output per day…

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Q: Suppose that the demand for a product is given by q2p=6,000, where q represents the number of units…

A: Suppose that the demand for a product is given by q2p=6,000, where q represents the number of units…

Q: Suppose a company has fixed costs of $46,800 and variable cost per unit of 2/5 x + 333 dollars,…

A: Given,  Fixed cost = $46,800 Variable cost per unit = $(2/5 x + 333) Selling price of product =…

Q: (a) Suppose a Firm produce output using the production function Q-5KL. Wage rate for hiring labor…

A: As per Bartleby's answering policy, we can answer only one question, so kindly post the other…

Q: The manufacturer of a product finds that the marginal revenue is MR(q) = 767 - 67q - 58q². Find the…

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Q: b) If the marginal revenue function for a manufacturer's product is dr = 2000 – 204 – 3q² dq Find…

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Q: 3. A company determined that the price-demand and cost functions for selling x units of a certain…

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Q: (where Determine the point elasticity of demand of the demand function p k > 0).

A: Given, Demand function p= k/x where k>0.

Q: The demand curve for product a is given as Q = 2000 - 20P. How many units will be sold at $10?…

A: Q =2000-20P  (4)   at P =$ 70                          Marginal Revenue          Q =2000-20×70…

Q: Homework help I think I got the answer just want to make sure

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Q: If the marginal revenue function for a manufactures product is MR =10(1+Q)´; find the demand…

A: Given: MR=101+Q-2 To find out: Demand function (P)

Q: 5. Suppose that the inverse demand and inverse supply functions are pp = 10- 2x and ps = 4 + 2√x,…

A: Given that the inverse demand and inverse supply functions are pD=10-0.2x and pS=4+0.2x, where x is…

Q: Find the elasticity of the demand function pq = 18 at p = 3.

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Q: 6) The marginal revenue from the sale of x units of certain commodity is given by R'(x) = 4x-1.2x…

A: Since, the marginal revenue from the sale of x units of certain commodityis given by…

Q: 1. Find two positive numbers whose product is 100 and whose sum is a minimum.

A: Let the numbers are x and y.   It is known that to minimize a function we have to equate the first…

Q: Suppose the demand for a product is given by 2p3q=500,000+500p2 where p is price in dollars and q is…

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Q: Suppose that the direct demand and direct supply functions are x = √200 - p and x = √p - 38,…

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Q: Suppose the demand for a product is given by 2p3q = 500,000p2 where p is price in dollars and q is…

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Q: suppose that the price p of a product and its demand x are related through the price-demand equation…

A: Given that the price-demand equation is x+400p=8000 To find the point intersection with the axes we…

Q: The consumer demand curve for Professor Stefan Schwarzenegger's dumbbells is given by g = (95 -…

A: Given,  q=95-2p2 Recall: Revenue=p*q

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

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Q: The total revenue curve of a firm is R(q) = 40q – 12q² and its 400 average cost A(q) =9? – 12.85q +…

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Q: If thẻ demand equation for a product is p= 400 – q² and the supply equation for a product is p = 20q…

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Q: 16) The marginal revenue from the sale of x units of certain commodity is given by R'(x) = 100-…

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Q: A firm has approximated the average cost for one of its Products by AC = 3q +2. The demand function…

A: Given AC=3q+2--1and 3q=98-4p---2here q=output and p=pricenowTotal…

Q: Suppose that one factory inputs its goods from two different plants, A and B, with different costs,…

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Q: The demand function for monopolist's product is p = 700 – 2q and the average cost per unit for…

A: Given that the demand function for the monopolist's product is p=700-2q. Then, the revenue function…

Q: A monopolistically competitive firm maximizes profits by producing the quantity at which O price…

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Q: (2) The demand function for a certain product is linear and defined by the equation p(r) = 10 – ,…

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Q: The demand for widgets is Q = 20/p. When p=4, the price elasticity of demand . dQ_P is equal to: dp…

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Q: A manufacturer of a new patented product has found that he can sell 70 units a week to the customer…

A: Given problem is : A manufacturer of a new patented product has found that he can sell 70 units a…

Q: The demand for pineapples takes the following form: Q=10-3p. What is the own-price elasticity of…

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Q: The marginal cost function for Company A is C'(q)=q^2-8q+40 dollars/unit where q is the quantity…

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Q: The demand function for an entrepreneur's product is given by p = q² - 5q + 119970 and the average…

A: As per the bartleby guidlines I will solve only 3 question if you want another question to solve…

Q: Suppose that in a certain market the demand function for a product is given by 60p + q = 2100 and…

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Q: Suppose the demand for a product is given by 2p3q=500,000+500p2 where p is the price in dollars and…

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Q: Suppose that the price p of a product and its demand r are related through the price-demand equation…

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Q: price

A: At Equilibrium, Demand = Supply,

Q: How can a firm find the quantity that maximizes its REVENUE? Where the own-price elasticity of…

A: A firm find the quantity that maximize it's revenue where MC=MR.

Q: Suppose there are 100 farmers each with 10 acres that overlie a common groundwater aquifer. They all…

A: The total productivity is the total good produced by the given inputs. Average productivity refers…

Q: Suppose the demand for a product is given by 2p3q = 500,000p2 where p is price in dollars and q is…

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Q: Suppose that the demand function for Brand X is P = 360 - 50Qd. Show whether going from 3 to 4 units…

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Q: Assume that it costs a company approximately C(x) = 784,000 + 160x + 0.001x2 dollars to…

A: to solve the given problem

Q: 5. If the demand function of a good is P = J(1000 - 4Q) find the value of O which maximises total…

A: Topic = Algebra

Q: Assume that it costs a company approximately C(x) = 576,000 + 160x + 0.001x2 dollars to…

A: To find the average cost

Q: Consider a competitive market in which price adjusts to excess demand or supply and firms enter and…

A: iv) Given system of differential equations are        dpdt=0.5qD-qSdNdt=54p-10 Substituting qD=30-2p…

Q: Suppose that the price p of a product and its demand x are related through the price-demand equation…

A: First, let us solve demand equation: So it is x in terms of p Let us find dxdp

Q: 3. The inverse demand function for a commodity is given by p = 41 -0.33q and the cost of producing…

A: Given the inverse demand function is p=41-0.33q Let revenue function is Rq. So, Rq=pqRq=41q-0.33q2…

Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.