1. A manufacturer estimates that D(p)=3000e 005P units of a particular good will be %3D sold at market price of p cedis per unit. Determine the market price that will result in marginal revenue of zero.

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A: Answer - Given in the question- Total cost of producing 45 items = 9450 Total cost for producing 85…

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A: Introduction It has given that x is no. of item sold to a wholesaler. Price of per item is = 500 - 2…

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A: Marginal profit is the change in profit from selling and producing an additional unit of output.

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Q: The demand function for a manufacturer's product is D = 80 - 3p , where D is the number of units and…

A: In a market, a firm can maximize its revenue at a quantity level at which marginal revenue will be…

Q: The demand function for a manufacturer's product is D = 80 - 3p, where D is the number of units and…

A: Total revenue is defined as the average sales price times the number of units sold.

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A: Given information P=1500 , Q=250 P=1800,  Q=200 MC=1300 MEC=500

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