Suppose the demand functions faced by the monopolist firm are as follows: Q1 = 40 -2P1 + P2 Q2 = 15 + P1 – P2 Whereas, the cost function is given as : C =  Q21 +Q1Q2 +Q22 Find the Maximum level of profit and also identify the optimal level of P1 and P2.

Q: Assume that it costs a manufacturer approximately C(x) = 1,200,500 + 340x + 0.0005x² dollars to…

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A: given Demand Function  p = 74 − 0.1x cost=29x+600

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A: To find the number of units that should be produced at each location to minimize the cost.

Q: Assume that it costs a manufacturer approximately C(x) = 1,152,000 + 340x + 0.0005x2 dollars to…

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Q: Assume that it costs a manufacturer approximately   C(x) = 1,104,500 + 340x + 0.0005x2   dollars to…

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A: Given supply function  p = q2 + 7q + 16also demand function P = -3q2 + 5q + 436Now at market…

Q: value

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Q: If the profit function for a firm is given by P(x) = −1600 + 170x − x2 and limitations on space…

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Q: 4) If the demand function for a fixed period of time is p = 3000–6g and the supply function before…

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

A: I am attaching image so that you understand each and every step.

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Q: If the Supply function is   p= q2+8q+20  and the demand function is p=100-4q-q2  , find the Market…

A: Market equilibrium point is a point  where demand and supply are equal . Supply = demand .

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Q: (b) The demand curve for a swivel chair is given by p= 4000(3ª) dollars per swivel chair, where p is…

A: NOTE: Refresh your page if you can't see any equations. . here we have p=256.6

Q: Suppose a firm's revenue function is given as R(Q) = 1200Q- Q? and their cost function is C(Q) = Q3…

A: Given: R(Q)=1200Q-Q2C(Q)=Q3-61.25Q2+1528.5Q+2000 To maximize the firm's profit.

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Q: c) What is the loss the company incurs when it tries to maximize sales (that is, produce the maximum…

A: Find out the loss the company when it tries to maximize the sales.

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Q: If the supply function for trailer axels is p2+7q=1925 and the demand function is 1672−p2+4q=0, find…

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

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Q: if the demand function of a firm is QD (P) = 50 - 3p and its supply function is Qs (P) = 14 + 6p.…

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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…