POLUJOL LLLLS LL. 2. A publisher brings a new book on the market. The demand for...
2. A publisher brings a new book on the market. The demand for the book is q 1000 20p where q denotes the quantity and p the price of the book. The publisher has to pay an initial cost of 200$ to be able to print the book, and the printing of each book costs 1$. (a) What is the total revenue of the publisher depending on the number of books sold? (b) What is the total cost of the...
2. A publisher brings a new book on the market. The demand for the book is q = 500 - 10p where q denotes quantity and p price. The publisher has to pay an initial cost of $100 to be able to print the book, and the printing of each book costs $1. (a) What is the total revenue of the publisher depending on the number of books sold? (b) What is the total cost of the publisher depending on...
A publisher brings a new book on the market. The demand for the book is q = 500−10pwhere q denotes quantity and p price. The publisher has to pay an initial cost of $100 to be able to print the book, and the printing of each book costs $1. (a) What is the total revenue of the publisher depending on the number of books sold? (b) What is the total cost of the publisher depending on the number of books...
A publisher brings a new book on the market. The demand for the book is q = 500−10pwhere q denotes quantity and p price. The publisher has to pay an initial cost of $100 to be able to print the book, and the printing of each book costs $1. (a) What is the total revenue of the publisher depending on the number of books sold? (b) What is the total cost of the publisher depending on the number of books...
A publisher brings a new book on the market. The demand for the book is q = 500−10p where q denotes quantity and p price. The publisher has to pay an initial cost of $100 to be able to print the book, and the printing of each book costs $1. (a) What is the total revenue of the publisher depending on the number of books sold? (b) What is the total cost of the publisher depending on the number of...
A publisher brings a new book on the market. The demand for the book is q = 500 – 10p where q denotes quantity and p price. The publisher has to pay an initial cost of $100 to be able to print the book, and the printing of each book costs $1. (a) What is the total revenue of the publisher depending on the number of books sold? (b) What is the total cost of the publisher depending on the...
Please show all work including graphs and write neatly. 2. A publisher brings a new book on the market. The demand for the book is q = 1000 - 20p where q denotes the quantity and p the price of the book. The publisher has to pay an initial cost of 200$ to be able to print the book, and the printing of each book costs 1$. (a) What is the total revenue of the publisher depending on the number...
A U.S. textbook publisher is introducing a new economics textbook, Managerial Economics – It is no Graphing matter, to the domestic market. Each book is produced at a constant marginal cost of $80 per book. Management predicts that annual domestic demand for the book is: PD = 284 – 0.4QD, where PD = price of a book in dollars, and QD denotes the number of books (in thousands). Due to limited printing capabilities, the total capacity for books is set...
Question 6 A demand for the book is Q = 250 - 20p. The cost function is c(Q) = Q?15. What is the monopolist's price?
Question 5 A demand for the book is Q = 250 - 20p. The cost function is c(Q) = Q?15. What is the level of output that will maximize the monopolist's profit?