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? (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: A company is planning to manufacture small canoes. Fixed monthly cost will be $20,000 and it will…

A: Given Fixed cost=$20,000 Production cost of each canoe=$20

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 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: Example 9. The function of a firm is given by C= 900x – 30x2 + x', where C is the cost and x the…

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Q: The monthly demand function for x units of a product sold by a monopoly is p = 5600 –- x2 dollars,…

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Q: The demand function for a product is modeled by p(x) = 84e¬0.00002x where p is the price per unit in…

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Q: Find the maximum profit where x that must be produced and sold. Assume that​ revenue, R(x), and​…

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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: The demand function for a commodity is p(x)=8x+50 where x is the number of unites demanded and p is…

A: Given  p(x)=8x+50

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 firm has monthly average costs, in dollars, given by C= 41,000 + 300 + x where x is the number of…

A: *to find:- (i) number of units (x) that gives maximum profit. (ii) maximum profit.

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: A commodity has a demand function modeled by p=114-0.5x and a total cost function modeled by…

A: Profit is calculated by subtracting the cost function from the revenue function, both expressed in…

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: (3) The demand function for a tablet is given by the model p= 200-16x where p is measured tablet and…

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

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: 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 of the product is  q=75-p2              2≤p≤7 where q if the quantity of the…

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

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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…

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Q: The demand function for a good is given by the equation P = a − bQ while the total cost function is…

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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 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 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 +…

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

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Q: ow to find the equilibrium price and to determine consumers' surplus and producers' surplus under…

A: Given that : The demand function for a product is,  p=f(q)=100-0.05q , where p is the price per…

Q: A manufacture has been selling 1200 television sets a week at $390 each. A market survey indicates…

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Q: A manufacturer has a monthly fixed cost of $36,000 and a production cost of $7 for each unit…

A: Part a)Formula for profit function:

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

A:

Q: The demand function for a good is given by the equation P = a − bQ while the total cost function is…

A: Here, profit function is P=a-bQ and the total cost function is TC=dQ2+eQ+f

Q: The monthly demand function for x units of a product sold by a monopoly is p= 7000 -x² dollars per…

A: Given that  Price is p(x)=7000-x^2/2 Average cost c(x)=3660+3x  To find the number of units that…

Q: Given: x-y+1=0 is it a supply or a demand function? * demand function O supply function

A: Given x-y+1=0 is a supply or demand function

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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Q: The monthly demand function for a product sold by a monopoly is p = 2080 – Ex2 dollars, and the…

A: Given that: The monthly demand function for a product sold by a monopoly is, p=2080-13x2 And the…

Q: The monthly demand function for x units of a product sold by a monopoly is  p = 6400 − 1/2x2…

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