The world price of zinc has increased to the point where “moth balled” zinc mines in east Tennessee have been reopened because of their potential profitability. Solve, (a) What is the estimated annual profit for a mine producing 20,000 tons per year (which is at 100% capacity) when zinc sells for $1.00 per pound? There are variable costs of $20 million at 100% capacity and fixed costs of $17 million per year. (b) If production is only 17,000 tons per year, will the mine be profitable?

Q: A commodity has a demand function modeled by p=36-4x, and a total cost function modeled by C=2x^2…

A:

Q: If the supply function for a commodity is p = q² + 8q + 22 and the demand function is p = 198 – 4q…

A: Solution:GivenCommodity     p = q² + 8q + 22Demand     p = 198 – 4q -4²,To find equilibrium quantity…

Q: A company produces bags, each of which could be sold for $150. It has a fixed monthly cost of…

A:

Q: 2. A manufacturer sells magnetic phone mounts for $24. The monthly fixed costs for the company are…

A:

Q: 2. A manufacturer sells magnetic phone mounts for $24. The monthly fixed costs for the company are…

A: Given: Selling price of the phone mount is, $24. Monthly fixed cost for the company is, $31,000.…

Q: If the supply function for vehicle floor mats is 4p−q−152=0 and the demand function is…

A: We are given supply and demand functions. By using these functions, we have to find the equilibrium…

Q: The cost of producing x vials of COVID-19 vaccine is given by x2 C(x) = 300000 + 5000x + 2 A…

A:

Q: At a price of $4.65 per pound, the supply for cherries is 16,117 pounds, and the demand is 10,232…

A:

Q: If the demand equation for a monopolist is p = 150 - .02x and the cost function is C(x) = 10x + 300,…

A: The demand equation is represented by p(x), the cost function is represented by C(x), and the…

Q: Techno Corporation is currently manufacturing an item at variable costs of $4 per unit. Annual fixed…

A: Annual fixed cost : The term "fixed cost" refers to a value that doesn't fluctuate because the…

Q: An apple grower finds that if she plants 60 trees per acre, each tree will yield 222 bushels of…

A: Let x be the additional number of trees planted on the 1 acre land. Let y be the total harvest of…

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

A:

Q: A firm sells a product for $80 per unit. Raw material costs are $12.50 per unit, labor costs are…

A: Profit is the difference of revenue and cost. The formula of profit is given below:…

Q: n this problem, p is in dollars and x is the number of units. Find the producer's surplus at market…

A: GivenDemand functionp = 196 − x2Supply functionp = x2 + 12x + 182where p is in dollars and x is the…

Q: The supply and demand for a product are given by 2p - q = 50 pq = 100 +20q, respectively. Find the…

A:

Q: If the demand equation is D(x) = 180 - 6.3x and the supply equation is S(x) = 8.2x + 3, find the…

A: If the demand equation is D(x) = 180 - 6.3x and the supply equation is S(x) = 8.2x + 3, then we have…

Q: The estimated monthly profit realizable by the Cannon Precision Instruments Corporation for…

A:

Q: Apple Inc. has a demand for its Iphone 8 and Iphone 8s phones in the Philippines for the 4th Quarter…

A: Let the units of iPhone 8 to be produced be x and the units of iPhone 8s to be produced be y. We are…

Q: Find the consumer surplus at the equilibrium point. 29) D(x) = 5x +2; x = 0 A) $2 B) $5 C) $7 D) $0

A: Let D(x) be the demand function . Then the consumer surplus…

Q: SOLVE THE FOLLOWING PROBLEM AND SHOW YOUR SOLUTIONS. 1. YOZECH Store sells two types of toys, A and…

A: A linear programing problem in two variables can be solved using the graphical method. In graphical…

Q: National business machines manufactures two models of fax machine A and B. Each model A costs $110…

A: To find the number of units of each model, first form a Linear programing problem using the…

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

A:

Q: Financial analysts in a company that manufactures ovens arrived at the following daily cost equation…

A:

Q: If the demand equation of a product is p=210-9 and the supply equation for a product is p= 29+2…

A:

Q: Teddy J is a manufacturer of dish washing liquid . If his monthly demand function for 750ml size is…

A: How many 750ml bottles of dish washing liquid should Teddy J produceper month if he wishes to…

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 .

Q: At a price of $4.68 per pound, the supply for cherries is 16,186 pounds, and the demand is 10,295…

A:

Q: Given the demand equation D(x)= -.2x +.9 and the supply equation s(x)= .8x + -.8x find equilibrium…

A: Given that, the demand equation D(x)= -.2x +.9  the supply equation s(x)= .8x + -.8x We know that…

Q: Given the demand equation  4x + p − 40 = 0 and the supply equation 6x − p + 10 = 0,  where p is the…

A: Given the demand equation 4x + p − 40 = 0 and supply equation 6x − p + 10 = 0 For equilibrium…

Q: 1. The demand function for a good is shown by the equation P = 20 -Q, while the supply function is P…

A: Consider the provided question, Given, demand function, P = 20-Q and supply function, P = 2+0.5Q

Q: The estimated monthly profit (in dollars) realizable by Cannon Precision Instruments for…

A: given that P(x)=-0.02x2+92x-109000

Q: Find the producer's surplus at market equilibrium for a product if its demand function is p = 169 −…

A:

Q: If the total revenue and total cost (in dollars) are given by R(x) = 5x – 0.003x² - C(x) = 300 +…

A:

Q: If the demand equation for a product is p = 400 – q² and the supply equation is p= 20g + 10 then,…

A:

Q: The toy manufacturer in the prototype example is going to release two new toys in the market. These…

A:

Q: 4000-250p and his total cost function is C (q) = 500 + 0.2q. How many 750 ml bottles of dish…

A:

Q: If the demand equation of a product is p= 210-g and the supply equation for a product is p= 29+2…

A: Given :  Demand function: 210-qSupply function: 2q+2 To find Producer Surplus

Q: Given Cost and Revenue functions C(q)=q^3-8q^2+52q+5000 and R(q)=−3q^2+2500q​, what costs should…

A: The given question has been solved in detail.

Q: If the demand equation for a product is p= 400 – q? and the supply equation is p= 20g + 10 then, the…

A:

Q: Assuming that the linear cost model applies if the cost of producing 1700 items at $2 each is $3650,…

A: From the given information, it is observed that the fixed cost is $3650 and the variable cost is $2.…

Q: What level of output would generate a profit of $15,000 if a product sells for $24.99, has unit…

A: Given: Net income = $15,000. Selling Price per product = $24.99 Variable cost per product = $9.99…

Q: In the simple model of a national economy:

A: answer is in next step

Q: The supply and demand equations for a particular product are p= 80 + 0.18q andp=…

A:

Q: Allen Electronics manufactures two types of computers- desktops and laptops. The production of a…

A:

Q: What will happen to the equilibrium price and quantity of new cars if the price of gasoline rises,…

A:

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

A:

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

A:

Q: A farmer is going to divide her 30-acre farm between two crops. The seed for crop A costs $25 per…

A: Given :- total farm area available = 30 acre. Cost of seed per acre in crop A = $25 Cost of seed per…