b.) Cobb-Douglas. Assume the firm has a generalized Cobb-Douglas technology y = 0.xx.x₂, where 0

Please help with g.

Looking at the Table, Profit, Cost and Revenue Functions, Quant is the quantity of output, C(Q) is the Total Cost of production for corresponding quantities of output, R(Q) is the corresponding Total Revenue at each level of output Q, if all output is sold and PRF(Q) is the Total Profit for each corresponding output level. PRF(Q) is calculated as R(Q)-C(Q). Using this information, does the company make its highest profit where R(Q) is highest? a. No, because the highest possible revenue may be at an output level where the cost of output may exceed the revenue generated at that output level. In this problem, the highest profit is at output level 15 Ob. Yes, because there is no way that cost can exceed revenue when revenue is maximized. Cc. No, because the highest possible revenue may be at an output level where the cost of output may exceed the revenue generated at that output level. In this problem, the highest profit is at output level 10 or 12 or in between. Od. Yes, because the…

Suppose that the finance department of our favorite company, TVZ R US, determines that the total = 500+ 2x. The marketing department's cost of producing a amount of televisions is C (x) estimate of the demand function for televisions has not changed and remains p = 10 -0.01x. A) Write an equation for the profit of this company. B) Use the first derivative to find the marginal profit of the function you wrote in part A. C) Compute the second derivative and determine if the value you found in Part B is an absolute maximum or absolute minimum. D) Find the maximum profit of the company. E) At what price are profits maximized?

Q. The Ali Baba Co. is the only supplier of a particular type of Oriental carpet. The estimated demand for its carpets is                                                        Q = 112,000 – 500P + 5M Where Q = number of carpets, P = price of carpets (dollars per unit), and M = consumers’ income per capita. The estimated average variable cost function for Ali Baba’s carpets is                                                   AVC = 200 – 0.012Q + 0.000002Q2 Consumer’s income per capita is expected to be $20,000 and total fixed cost is $100,0000. a. How many carpets should the firm produce to maximize profit? b. What is the profit-maximizing price of carpets? c. What is the maximum amount of profit that the firm can earn selling carpets? d. Answer parts a through c if consumers’ income per capita is expected to be $30,000 instead.

Only typed answer and please don't use chat gpt and don't use table

Need urgent answer and correct.  Will upvote

Could you fully explain the part (C)? And please dont miss any details.

In the following problem, find the profit maximizing quantity and graph the marginal revenue and marginal cost. Interpret your first-order condition in terms of marginal benefit and marginal cost. max π = (12 - Q)Q-20² 9

advanced microeconomics, uncertainty