Suppose a firm faces an inverse demand function given by P = a - BQ, where a, B > 0. Find the levecl of Q that maximizes total revemuc.

Q: A real-estate firm owns 100 apartments at 400 OMR per month each apartment can be rented However for…

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Q: b) If the marginal revenue function for a manufacturer's product is dr = 2000 – 204 – 3q² dq Find…

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Q: Suppose that the fixed cost for a prod- uct is $400 and the break-even quantity is 80. Find the…

A: Fixed cost of the product = $400⇒C(x)=ax+400Let us take the profit function as⇒P(x)= bx+cAnd the…

Q: (where Determine the point elasticity of demand of the demand function p k > 0).

A: Given, Demand function p= k/x where k>0.

Q: If the marginal revenue function for a manufactures product is MR =10(1+Q)´; find the demand…

A: Given: MR=101+Q-2 To find out: Demand function (P)

Q: A company handles an apartment building with 70 units. Experience has shown that if the rent for…

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Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.002x° +0.07x + 14x +…

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Q: Suppose that a price-demand function is given by P(x)=100+10x−4x2. Calculate the marginal revenue…

A: Calculation:The price demand function is P(x) = 100+10x – 4 x^2.In order to calculate the marginal…

Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.002x³ + 0.07x + 15x…

A: According to question given that Monthly cost of producing x chairs is…

Q: Find the demand function p, given the marginal revenue function dr/dq below.  dr/dq = 277 - 3q -…

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Q: Suppose a company wants to introduce a new machine that will produce a marginal annual savings in…

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Q: A local company is planning to manufacture and market a four-slice toaster. For this toaster, the…

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Q: find the linear cost function for an item with marginal cost of $120, and it costs 96,500 to produce…

A: Find the linear cost function for an item with marginal cost of $120, and it costs 96,500 to produce…

Q: A manufacturer has determined that m employees will produce a total of q units of product per day,…

A: the marginal-revenue product is given by dR/dm where R is the revenue. Using the chain rule of…

Q: suppose that the price p of a product and its demand x are related through the price-demand equation…

A: Given that the price-demand equation is x+400p=8000 To find the point intersection with the axes we…

Q: If a demand curve is given by y = 50 −.02x  where x is the price in dollars, and y is the sales of…

A: Given demand curve is  y=50-0.02x where x is the price in dollars, and y is the sales of Really Big…

Q: Find the consumer surplus for the demand function p

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Q: if demand curve is p=500-4q. What is the value of marginal revenue when q=20

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Q: Determine whether the following statement is true or false, and explain why. Total revenue is…

A: Explanation: Given a statement: Total revenue is maximized at the price where demand has unit…

Q: Find the PV of an income stream paying out continuously at a rate of     5000e−0.1t dollars per year…

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Q: A company handles an apartment building with 80 units. Experience has shown that if the rent for…

A: Number of units = 80 minimum rent for each unit = $360 Total revenue is  R(x) = (80-x)(10x + 360)…

Q: If the marginal revenue function for a manufactures product is MR = R' (Q) = 5+10(1+Q)°; find the…

A: .

Q: Explain why a decreasing demand function has a negative elasticityfunction.

A: given,        to explain why a decreasing demand function has a negative elasticityfunction.

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: 4. If consumption is $s.8 billion when disposable income is $0, and if the marginal propensity to…

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Q: Suppose that a company's average cost is A(x) = 0.2x + 6. Step 2 of 2: Determine the marginal cost.…

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Q: A retailer has been selling 1,000 computers a week at $750 each. The marketing department predicts…

A: “Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: A real-estate firm owns 100 apartments. At 400 OMR per month, each apartment can be rented. However,…

A: To find the total revenue.

Q: Calvin’s Furniture store also has a Production function of TP = 90K^2-K^3 Optimize the Marginal…

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Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.007x° +0.07x + 15x +…

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Q: Suppose that the marginal propensity to consume is dc - 0.2 - e-2y (in billions of dollars) dy and…

A: dCdy=0.2-e-2y

Q: A 390-unit hotel is trying to determine their daily rates. From experience, the hotel manager knows…

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Q: A 470-unit hotel is trying to determine their daily rates. From experience, the hotel manager knows…

A: answer is in next step. please give a like !!!

Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.002x + 0.07x + 19x +…

A: The given function is Cx=0.002x3+0.07x2+19x+700. d) The actual additional monthly cost of increasing…

Q: Suppose the demand function for a product is p(x)=400−(1/10000)x^3. If the price is set at 300, what…

A: p(x)=400−(1/10000)x^3 when x = 0 p = 400 When p* = 300; let's say x = x* then 300 = 400 -…

Q: A company has a marginal cost of $21 per item and it can produce 190 items for a total cost of…

A: A company has a marginal cost of $21 per item and it can produce 190 items for a total cost of…

Q: For the supply function s(x) and demand level x, find the producers' surplus.

A: It is given that sx=0.06x and x=200. Recall the fact that the producer's surplus is given by the…

Q: Suppose that the marginal cost function of a handbag manufac C"(x) = 3 -x² – x + 200 32 Quotlent %3D…

A: I have stated the used formula in the solution.

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…

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Q: Suppose that the daily​ cost, in​ dollars, of producing x televisions is…

A: Given C(x)=0.001x^3+0.1x^2+69x+600

Q: Is the demand elastic, inelastic, or unit elastic when q 10?

A: If elasticity of demand greater than 1 then it's elastic

Q: When demand has unit elasticity, revenue will decrease if

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Q: 5. If the demand function of a good is P = J(1000 - 4Q) find the value of O which maximises total…

A: Topic = Algebra

Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.002x° +0.07x + 18x+600,…

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Q: If a total cost function is C(x) = .0001x3 − .06x2 + 12x + 100, is the marginal cost increasing,…

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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: Suppose that the monthly​ cost, in​ dollars, of producing x chairs is…

A: As per our company guidelines we are supposed to answer ?️only first 3️⃣ sub-parts. Kindly repost…

Q: if known the data from one of the Toyota car sales agents, one of which is selling the Avanza type,…

A: Two points to concider are (105, 437) and (140, 1053) Now let us take x be the price of and y be 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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