The demand function for a product is modeled by p(x) = 84e¬0.00002x where p is the price per unit in dollars and x is the number of units. What price will yield a maximum revenue? (Hint: Revenue= (price) x (no. of units))

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: The monthly demand function for x units of a product sold by a monapoly is p 5600 - dollars, and its…

A: Find your answer below

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: The demand curve of a firm is p=1200 – 2lq and its total cost is C(q) = 2q° – 66q² + 600q +1000…

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Q: The demand function for an office supply company's line of plastic rulers is p=0.85- 0.000459, where…

A: Assume p=0.85−0.000459qTotal revenue=TRq=p×q=0.85−0.000459q×qSo , TR(q)=0.85q−0.000459q2

Q: The number of units of an item per month for which there is a demand is related to the unit price by…

A: Given demand function px=50.1x2+4, 0≤x≤20 where p(x) is unit price (in dollars)  and x is number of…

Q: The monthly demand function for a product sold by a monopoly is p = 2,344 - x? 2 dollars, and the…

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Q: A commodity has a demand function modeled by  p = 108 − 0.5x  and a total cost function modeled by…

A: *concept :- profit = revenue - total cost

Q: The demand function for a certain product is q-90+ 2p = 0, 0595 90, where q is the number of units…

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Q: The weekly demand function for x units of a product sold by only one firm is p = 300 - x dollars,…

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Q: Suppose that for a product in a competitive market the demand function is p = 1200 - 2x and the…

A: Given: Demand(p)= 1200 - 2x Supply(p) = 200 + 2x Cost(C(x)) = 12000x +50 + x.

Q: The demand for a particular item is given by the demand function D(x) = 1400 – x² Find the…

A: Given, The demand function is given by Dx=1400-x2 Equilibrium point xe, pe=5, 1375

Q: The monthly demand function for x units of a product sold by a monopoly is p=6400-0.5x^2 dollars…

A: The monthly demand function for x units of a product sold by a monopoly is Revenue function is…

Q: The demand function for a firm’s product is P = 12 – 2Q. At what Q does the firm maximize total…

A: To find the revenue function R, multiply the demand function P by the quantity Q.…

Q: The weekly demand function for x units of a product sold by only one firm is  p = 500 − 1/2x…

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Q: A demand function for a product is P = 100 – 2.2Q and its supply function is P = 2.8Q, where P is…

A: Given: The demand function for a product is P=100-2.2Q and its supply function is P=2.8Q, where P is…

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: 12) Find the elasticity of demand when the price is 20 for the demand function 10x + 2p = 100

A: 12. The given demand function is 10x + 2p = 100 To find demand for price 20   13. Given y = 5x2 To…

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: 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: A company has started selling a new type of s tphone at the price of $110-0.05x where x is the…

A: Use the relation Profit = Revenue - Cost to write the equation. The revenue of x number of mobiles…

Q: The demand function for a product is modeled by p= 56e-0.000012q where p is the price per unit (in…

A: We have p=56e−0.000012qRevenue function Rq=qpRq=56qe−0.000012qDifferentiate w.r.t…

Q: The monthly demand function for x units of a product sold by a monopoly is p = 5600 – dollars, and…

A: Given,          The monthly demand function for x units of a product sold by a monopoly is…

Q: The demand function for a product is modeled by p = 54e −0.00002x, where p is the price per unit (in…

A: Given that the demand function is p=54e-0.00002x where p is the price per unit and x is number of…

Q: The demand function for a product is modeled by p(x) = 50e -0.0000125x where pis the price per unit…

A: Given demand function is p(x)=50e-0.0000125x. Obtain the revenue function.…

Q: The demand function for a certain product is p = V500 – 2q², where q is the quantity of the product…

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Q: The monthly demand function for a product sold by a monopoly is p = 1,768 x² dollars, and the…

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Q: A demand function for a product is P = 100 – 2.2Q and its supply function is P = 2.8Q, where P is…

A:

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: The monthly demand function for x units of a product sold by a monopoly is p = 5,800 - dollars, and…

A: The given functions are: C(x)=3020x+2x2R(x)=5800x-1xx3

Q: A manufacture has been selling 1250 television sets a week at $480 each. A market survey indicates…

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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: The demand function of a product is q = 75-p².2<p≤7, where q is the quantity of the product that can…

A: Given: Demand function q=75-p2, 2≤p≤7, where q is the quantity of the product that can be sold every…

Q: When the admission price for a baseball game was $18 per ticket, 36,000 tickets were sold. When the…

A: Given- When the admission price for a baseball game was $18 per ticket, 36,000 tickets were sold.…

Q: A commodity has a demand function modeled by p = 108 – 0.5x and a total cost function modeled by C =…

A: Here, the demand function is: p=108-0.5x And, the cost function is: C=30x+34.75 where x is the…

Q: The monthly demand function for x units of a product sold by a monopoly is p = 5,200 - dollars, and…

A: Revenue=p.q TC=AC.q p is price , q is quantity.

Q: A firm knows that the demand function of its good is linear. It is also knows that it can sell 1000…

A: Let us take demand function as D(x)

Q: The monthly demand function for x units of a product sold by a monopoly is p = 5,200 – C = 3,090 +…

A:

Q: A commodity has a demand function modeled by  p = 107 − 0.5x  and a total cost function modeled by…

A:

Q: The demand curve for a product is given by q=800-8p2 where p is the price. Find the price that…

A:

Q: A manufacture has been selling 1850 television sets a week at $390 each. A market survey indicates…

A:

Q: commodity has a demand function modeled byp = 80 − 0.2x and a total cost function modeled byC = 30x…

A:

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: he weekly demand function for x units of a product sold by only one (a) Find the quantity that will…

A: Given         p=200-12x dollarsand         C(x)=100+2x

Q: A store has been selling 200 DVD burners a week at each.A market survey indicates that for each…

A: Given information: Consider x in each of the $10 rebates.

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

A:

Q: An automobile manufacturer finds that the demand equation of producing a certain product is p = 350…

A: According to question given that Demaind Equation p=350-qCost function c=12q2+50q+500 where 50≤q≤120

Q: When a wholesaler sold a product at $30 per unit, sales were 350 units per week. After a price…

A: First we need to make the equation for the demand function. We'll take the two points of data and…

Q: 7. Find the price per unit p that produces the maximum profit given

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Q: he monthly demand function for x units of a product 1 sold by a monopoly is p = 5900 – x² dollars,…

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