Suppose that a manufacturer produces two brands of a product, brand 1 and brand 2. Suppose the demand for brand 1 is  x = 85 − p1  thousand units and the demand for brand 2 is  y = 95 − p2  thousand units, where  p1 and p2  are prices in dollars. If the joint cost function is  C = xy,  in thousands of dollars, how many of each brand should be produced to maximize profit

Q: A manufacturer has an order for 1000 units of fine paper that can be produced at two locations. Let…

A:

Q: 2. a.) What comhination of goods rand y should a firm produce to minimize costs when the joint cost…

A:

Q: If consumption is $3 billion when disposable income is $0, and if the marginal propensity to save is…

A: consumption= $3 billion disposable income= $0 ds/dy= 0.8+e^-(1.5y)

Q: production of the t-shirts,and the production cost per unit is US$2.30. Company B also manufactures…

A:

Q: Suppose a company has fixed costs of $46,800 and variable cost per unit of 2/5 x + 333 dollars,…

A: Solution:-

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

A:

Q: Suppose the supply function for concrete is given (in dollars) byS(q) = 100 + 3q3/2 + q5/2,and that…

A: The supply function for concrete is given (in dollars) by S(q) = 100 + 3q3/2 + q5/2 and that…

Q: Show that if r(x) = 6x and c(x) = x3 - 6x2 + 15x are your rev-enue and cost functions, then the best…

A: Break even point occurs when profit is zero.We have given r(x) = 6x and c(x) = x3 - 6x2 + 15x are…

Q: A small theater has a seating capacity of 2,000. When the ticket price is $30, attendance is 1,500.…

A:

Q: A manufacturer has an order for 1000 units of fine paper that can be produced at two locations. Let…

A:

Q: Given the demand function, P = 10 – 2Q and the %3D Total Cost function, TC = 40 + 3Q which is the…

A:

Q: Suppose a corporation manufactures candles at two locations. The cost of producing *1units at…

A:

Q: Find the break-even point for the firm whose cost function C and revenue function R are given. C(x)…

A: Given Data: Cost Function: C(x)=180x+12000 Revenue Function: R(x)=270x At break-even point the cost…

Q: The marginal revenue function of a company is MR = 6x2 – 40x +50, then the %3D | demand function is…

A: Marginal revenue is increase in revenue generated as a result of sale of one extra unit.

Q: The market for a particular consumer good has a demand function given by: q = 24 – p and supply…

A:

Q: If the demand curve for a particular commodity is p=0.09x+51 and the total cost function…

A:

Q: a certain company, the cost function for producing x items is C(x)=50x+200 and the revenue function…

A: Cost function for producing x items is given by- C(x)=50x+200 Revenue function for selling x items…

Q: Find the break-even point for the firm whose cost function C and revenue function R are given. C(x)…

A:

Q: Suppose that a manufacturer produces two brands of a product, brand 1 and brand 2. Suppose the…

A: Consider that a manufacturer produces two brands of a product, brand 1 and brand 2. The demand for…

Q: If company A manufactures t-shirts and sells them to retailers for US$9.80 each. It has fixed costs…

A: Since you have posted many questions in one image, we will solve the first question for you.  If you…

Q: Suppose that a manufacturer produces two brands of a product, brand 1 and brand 2. Suppose the…

A:

Q: a manufacturer finds that for the first 500 units of its product that are produced and sold, the…

A: Let x be the number of additional units produced beyond 500 units.  Therefore total profit p =…

Q: If, in a monopoly market, the demand function for a product is p = 150 − 0.10x and the revenue…

A: This is a problem related to maxima and minima of the function. Based on the general formula and…

Q: If consumption is $9 billion when disposable income is $0, and if the marginal propensity to consume…

A: Consider the marginal propensity to consume is 0.80. Then, dCdy=0.80 That is, dC=0.80dy On…

Q: A firm can produce 500 units per week. If its total cost function is  C = 500 + 1200x  dollars and…

A:

Q: Suppose that one factory inputs its goods from two different plants, A and B, with different costs,…

A:

Q: A firm has two plants, X and Y. Suppose that the cost of producing x units at plant X is  x2 + 600…

A: Given, cost of producing x units at X plant = x2+600 cost of producing y units at Y plant = 3y2+1400…

Q: A company manufactures and sells two models of lamps, L1 and L2. To manufacture each lamp, the…

A: For the given company who manufacture and sell lamps  For lamp 1 Manual work available per month is…

Q: A manufacture has been selling 2000 television sets a week at $390 each. A market survey indicates…

A: a) We are given the demand or price function when for 2000 Television i.e. p(2000)=390. if rebate of…

Q: Roger is a manufacturer of bleach,  if his montly demand fuction for 750ml size is q=4000 * 250p and…

A:

Q: With fixed costs of Ksh. 400,000, a firm has average total costs of Ksh. 3,000 and average variable…

A: Average total cost= Average fixed cost + Average variable cost

Q: . A decorator, who is a monopolist, makes two types of specialty picture frames. From experience,…

A:

Q: one hour to fill 1,000 bottles of Health-Wealth. Only 45,000 bottles and 66 hours are available for…

A: formulate the LPP let x= number of bottles of syrup tonus-2,000 let y= number of bottles of syrup of…

Q: The market for a particular consumer good has a demand function given by: q = 24 - p and supply…

A: Given, Demand function (p)= d(q)= 24-q Supply function (p)= s(q)= q+q²

Q: Your college newspaper, The Collegiate Investigator, has fixed production costs of $68 per edition…

A: The cost function is given by Cx=mx+b, where m is the marginal cost and ? is the fixed cost. Revenue…

Q: Suppose a firm's revenue function is given as R(Q) = 1200Q- Q? and their cost function is C(Q) = Q3…

A: Given: R(Q)=1200Q-Q2C(Q)=Q3-61.25Q2+1528.5Q+2000 To maximize the firm's profit.

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

A:

Q: A firm manufactures a commodity at two different factories, Factory X and Factory Y. The total cost…

A: A)

Q: If consumption is $8 billion when disposable income is $0, and if the marginal propensity to save is…

A:

Q: if company A manufactures t-shirts and sells them to retailers for US$9.80 each.

A:

Q: Suppose that a manufacturer produces two brands of a product, brand 1 and brand 2. Suppose the…

A:

Q: If, in a monopoly market, the demand function for a product is p = 190 − 0.50x and the revenue…

A: Given, p = 190 − 0.50x and R = px

Q: A 60 room hotel is filled to capacity every night at a rate of​ $40 per room. The management wants…

A: Given that A 60 room hotel is filled to capacity every night at a rate of​ $40 per room. The…

Q: Derive the total revenue function, R(x) for company A. (ii) Derive the total cost function, C(x) for…

A: Given,company A-Fixed cost =$2625                   variable cost =$2.3                   selling…

Q: A financier plans to invest up to $500,000 in two projects. Project A yields a return of 9% on the…

A: Total investment = x+y Given that the financier plans to invest up to $500,000 in two projects. So,…

Q: in a monopoly market, the demand function for a product is p = 115 − 0.10x and the revenue function…

A:

Q: If the marginal cost of producing x units of a commodity is given by C'(x)=0.6x²+4x and the fixed…

A:

Q: Two machines, A and B produce items at the rate of 50 units per hour and 40 units per hour j.…

A: