(iv) How many 750ml bottles of dish washing liquid should Teddy J produce per month if he wishes to maximize his profits. (b) A firm has an average cost function 125 q? A(q) = +: 4. 16 where q is the firm's output. (1) Determine the level of output for average costs are minimum. (ii) Hence determine the range of values for which average costs are decreasing.

The marginal revenue (in thousands of dollars) from the sale of x handheld gaming devices is given by the following function. )= 4x (x² +27,000) 4x R'(x) = 2 (a) Find the total revenue function if the revenue from 130 devices is $21,660. (b) How many devices must be sold for a revenue of at least $38,000? BECED (a) The total revenue function is R(x)=, given that the revenue from 130 devices is $21,660. (Round to the nearest integer as needed.) (b) devices must be sold to generate a revenue of at least $38,000. (Type a whole number.)

The lerner index is 0.3, find the markup over marginal cost.

Problem One: The fixed cost for a company is 1200 OMR and the variable cost is 2 OMR per 100 unit. If demand function is given by p = L Determine the quantity that the company must sell to cover the fixed costs.