Given the demand curve P = 400 - 20Q, what level of output maximizes Total Revenue?
Given the demand curve P = 400 - 20Q, what level of output maximizes Total Revenue?
Find the output level that maximizes total revenue: 1. P = $1.64 + 0.00000020 2. P = $2.25 + 0.00000020
Scenario A: A monopolist faces the following demand curve, marginal revenue curve, total cost curve for its product: Q=3500-5p MR= 250-Q TC=15Q MC=100 What level of output maximizes total revenue? What is the profit maximizing level of output? What is profit maximizing price? How much profit does the monopolist earn? Suppose that a tax of $10 for each unit produced is imposed by state government. What is the profit maximizing level of output
A: A monopolist faces the following demand curve, marginal revenue curve, total cost curve for its product: Q=3500-5p MR= 250-Q TC=15Q MC=100 What level of output maximizes total revenue? What is the profit-maximizing level of output? What is the profit-maximizing price? How much profit does the monopolist earn? Suppose that a tax of $10 for each unit produced is imposed by the state government. What is the profit-maximizing level of output?
Demand function: P=20-Q Total Cost function: C=Q22 +8Q+2 1. What output maximizes total profit? What are the corresponding values of price, profit, and total revenue (sales)? 2. What output maximizes sales, and what are the corresponding values of price, profit, and total revenue?
Scenario A: A monopolist faces the following demand curve, marginal revenue curve, total cost curve for its product: Q=3500-5p MR= 250-Q TC=150 MC=100 What level of output maximizes total revenue? What is the profit maximizing level of output? What is profit maximizing price? How much profit does the monopolist earn? Suppose that a tax of $10 for each unit produced is imposed by state government. What is the profit maximizing level of output
a monopolist faces the following demand curve, marginal revenue curve, total cost curve and marginal cost curve for its product: Q=200-2P MR=100-Q TC=5Q MC=5 What level of output maximizes total revenue? A) 95 B) 0 C) 90 D)100 What is the profit maximizing level output? A)0 B)100 C)90 D)95 How much profit does the monopolist earn? A)4512.50 B)5.00 C)475.00 D)4987.50
4) A firm faces the demand curve, P-80-3Q, and has the cost equation, What is the equation for the firm's total revenue? 200+20Q. a) b) What is the equation for the firm's marginal revenue? c) What is the quantity that maximizes total revenue? d) Find the optimal quantity and price for the firm if they are trying to maximize profit e) What is the firm's profit at the price and quantity in (d)? f) Now suppose that the demand for...
What price maximizes total expenditures for consumers having a market demand curve P=40-2Q
The demand curve is P= 100 – (4/5) x Q. What price maximizes total revenues to the firms?
17) Find the price p that maximizes revenue if the demand is given by the function q(p) = 500 - 5p