The demand equation for a certain commodity is p = 1/12x2 - 10x + 300, 0 … x … 60. Find the value of x and the corresponding price p that maximize the revenue.

Q: When a wholesaler sold a product at $40 per unit, sales were 330 units per week. After a price…

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Q: If, in a monopoly market, the demand function for a product is  p = 190 − 0.80x  and the revenue…

A: Given           Demand function , P = 190-0.8x           Rosenue function R = px           R = px…

Q: The demand equation for a product is p = 2 - .001x. Find the value of x and the corresponding price,…

A: Given, Demand equation for a product is p = 2 - .001x.

Q: If the demand equation of a good is P = 40 − 2Q find the level of output that maximizes total…

A: Given, P= 40- 2Q

Q: Consider yourself as an entrepreneur at the Mall selling 6000 donuts a day at 50c each. When you…

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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: Suppose that the demand function for a product is given by the formulap = 2000 – 5q dollars, where q…

A: Here demand function is given need to find maximize revenue and at what value

Q: If, in a monopoly market, the demand function for a product is p=228-0.4x and the revenue function…

A: The revenue function is, R(x) = p•x = (228 - 0.4x)x = 228x - 0.4x² So, R'(x) = 228 - 0.8x  &,…

Q: Find the formula of the linear demand function 2.What price per unit will maximize the weekly…

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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: We’ll answer the 1st question since we answer only one question at a time. Please submit a new…

Q: The demand for a certain model smartphone is given by p = 400 - 0.01x, where p denotes the unit…

A: Given,  The demand function of a certain model smartphone is given by  p = 400 - 0.01x, where p…

Q: The demand equation for a certain commodity is given by the following equation. 15x2 - 26x + 2028,…

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Q: Consider a rectangle in the xy-plane, with corners at (0, 0), (a, 0), (0, b), and (a, b). If (a, b)…

A: Given A rectangle in the xy-plane, with corners at (0, 0), (a, 0), (0, b), and (a, b) and (a, b)…

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

A: Given: Demand function: p=40-0.1x Cost function: C(x)=25x+450 Now the revenue function is:…

Q: Suppose the supply curve for a certain brand of smartwatches is given by q = 0.06p + 255 and the…

A: Given: The supply curve of a certain brand of smart watches is q = 0.06 p + 255. The demand curve is…

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: The goal of the transportation model is to maximize the transportation cost. * True False

A: The transportation model is a special case of linear programming problems in which the objective is…

Q: The demand equation for the Cold Spot compact refrigerator is 3x + 9p − 2520 = 0, where x is the…

A: The demand equation for cold spot compact refrigerator, 2x+9p-2520=0 The bubbly equation for the…

Q: The demand equation for a monopolistʹs product is p = 200 - 0.98q, where p is the price per unit (in…

A: Given :Demand function: p=200-0.98qwhere p is the price per unitin dollors of producing q units.Cost…

Q: The market for a particular consumer good has a demand function given by: q = 24 – pand supply given…

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Q: If the demand for a thingy is 12,000 per month when the price is $12 and 15,000 when the price is…

A: Find the slope of function.

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

A: Here we will find price p to maximise profit,

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

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Q: In this problem, p is the price per unit in dollars and q is the number of units. If the weekly…

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

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Q: suppose that the selling price P of an item to the quantity x is given by  P=-1/4x +50.   0<or= x…

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

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

A: Given: -

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

A:

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: Until recently, hamburgers at the city sports arena cost $1.60 each. The food concessionaire sold an…

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Q: A manufacture has been selling 2000 television sets a week at $390 each. A market survey indicates…

A: a) We are given the demand or price function when for 2000 Television i.e. p(2000)=390. if rebate of…

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

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Q: A commodity has a demand function modeled by  p = 25 − 0.5x, and a total cost function modeled by C…

A: The demand function is given by p = 25-0.5x…

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

A:

Q: When a wholesaler sold a product at $30 per unit, sales were 280 units per week. After a price…

A: The solution is given below:

Q: The demand equation for a manufacturer's product is p= 100 – q, 0<q< 60, where q is the number of…

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Q: When a wholesaler sold a product at $40 per unit, sales were 270 units per week. After a price…

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Q: price

A: At Equilibrium, Demand = Supply,

Q: Find the price that will maximize profit for the demand and cost functions, where p is the price, 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: A retailer has been selling 1200 tablet computers a week at $350 each. The marketing department…

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Q: In this problem, p is the price per unit in dollars and q is the number of units. If the weekly…

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Q: A company has determined that the price and the monthly demand of one of its products are related by…

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Q: If, in a monopoly market, the demand function for a product is p = 190 − 0.50x and the revenue…

A: Given, p = 190 − 0.50x and R = px

Q: Until recently, hamburgers at the city sports arena cost $2.50 each. The food concessionaire sold an…

A: Given :           Cost function :                  To obtain cost function, add fixed cost and…

Q: function for a product is p = 140 − 0.40x and the revenue function is R = px, where x is the…

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

A: We have to calculate surplus