Homework Answers
Add Answer to:
A firm has monthly average costs, in dollars, given by c-40,000 + 100 x where x...
4. -12 points LarCAApCalc2 13.5.040 Find p1 and p2, the prices per unit (in dollars), so as to ma...
4. -12 points LarCAApCalc2 13.5.040 Find p1 and p2, the prices per unit (in dollars), so as to maximize the total revenue R=x1P1 + x2P2 where xi and x2 are the numbers of units sold, for a retail outlet that sells two competitive products with the given demand functions. X1-3100-4p1 + 2p2, X2 2400 + 4p1-3p2 p2 = $ Need Help?Read It Talk to a Tutor Watch It 5. -12 points LarCAApCalc2 13.5.042 A corporation manufactures candles at two locations....
Quest Exhibit 10-2 A monopolistic competitive firm Price, costs, and revenue (dollars) 10 100 200 300...
Quest Exhibit 10-2 A monopolistic competitive firm Price, costs, and revenue (dollars) 10 100 200 300 400 500 Quantity of output (units per week) Comparing the monopolistically competitive firm in Exhibit 10-2 to the long-run profit-maximizing outcome for a perfectly comp form with a price of $15 per unit and a quantity of 600, a. the profit earned by the monopolistically competitive firm is higher than that of the perfectly competitive firm the marginal revenue of the monopolistically competitive firm...
Because the derivative of a function represents both the slope of the tangent to the curve...
Because the derivative of a function represents both the slope of the tangent to the curve and the instantaneous rate of change of the function, it is possible to use information about one to gain information about the other. Consider the graph of the function y = f(x) given in the figure. (a) Over what interval(s) (a) through (d) is the rate of change of f(x) positive? (Select all that apply.) OOOO (b) Over what interval(s) (a) through (d) is...
The total revenue function for a certain product is given by Requals=440440x dollars, and the total cost function for this product is Cequals=20 comma 00020,000plus+4040xplus+x squaredx2 dollars, wh...
The total revenue function for a certain product is given by Requals=440440x dollars, and the total cost function for this product is Cequals=20 comma 00020,000plus+4040xplus+x squaredx2 dollars, where x is the number of units of the product that are produced and sold. a. Find the profit function. b. Find the number of units that gives maximum profit. c. Find the maximum possible profit.
8. [-13 Points] DETAILS TANAPCALC10 2.2.064. Profit from Sale of Smartphones Apollo manufactures smartphones at a...
8. [-13 Points] DETAILS TANAPCALC10 2.2.064. Profit from Sale of Smartphones Apollo manufactures smartphones at a variable cost of Vx) = 0.000003x3 -0.05x2 + 300x dollars, where x denotes the number of units manufactured per month. The monthly fixed cost attributable to the division that produces them is $100,000. The total revenue realized by Apollo from the sale of x smartphones is given by the total revenue function R(x) = -0.1x2 + 500x (0 < x < 5000) where R(x)...
The cost of controlling emissions at a firm is given by: (a)-2,000+100q where q is the reduction in emissions (in pounds of pollutant per day) and C is the daily cost to the firm (in dollars) of this...
The cost of controlling emissions at a firm is given by: (a)-2,000+100q where q is the reduction in emissions (in pounds of pollutant per day) and C is the daily cost to the firm (in dollars) of this reduction. Government clean-air subsidies amount to $100 per pound of pollutant removed per day. How many pounds of pollutant should the firm remove each day in order to minimize net cost (cost minus subsidy)? pounds of pollutant per day Need Help?Read It...
- c webassign.net $7800 Watch it Talk to a Tutor Read it Need Help? 12. [-15...
- c webassign.net $7800 Watch it Talk to a Tutor Read it Need Help? 12. [-15 Points] DETAILS TANAPCALC104.4.047.EP. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The quantity demanded each month of the Walter Serkin recording of Beethoven's Moonlight Sonata, produced by Phonola Media, is related to the price per compact disc. The equation p = -0.00055x + 8 (0 SX S 12,000) where p denotes the unit price in dollars and x is the number of discs demanded, relates...
Lynbrook West, an apartment complex, has 100 two-bedroom units. The monthly profit (in dollars) realized from...
Lynbrook West, an apartment complex, has 100 two-bedroom units. The monthly profit (in dollars) realized from renting out x apartments is given by the following function. P(x) = -11.r2 + 2002. – 40,000 To maximize the monthly rental profit, how many units should be rented out? units What is the maximum monthly profit realizable? 2
A firm in a competitive market has a minimum average variable cost equal to $100 and...
A firm in a competitive market has a minimum average variable cost equal to $100 and produces 400 units of a good. If the market demand and supply determine an equilibrium price of the good at $300 per unit. Should the firm maintain or modify its production volume? Why?
The graph presents the costs and revenue for a perfectly (purely) competitive firm, where the market...
The graph presents the costs and revenue for a perfectly (purely) competitive firm, where the market price is equal to $600 per unit of output. This firm has a fixed cost equal to $3,600. Use this information to determine the optimal output and profit for this firm. What is the optimal output of this perfectly (purely) competitive firm? (Round your answer to the nearest whole number.) Cost and revenue $2400 2200 2000 1800 Average 1600 total cost Marginal cost Average...
4. -12 points LarCAApCalc2 13.5.040 Find p1 and p2, the prices per unit (in dollars), so as to maximize the total revenue R=x1P1 + x2P2 where xi and x2 are the numbers of units sold, for a retail outlet that sells two competitive products with the given demand functions. X1-3100-4p1 + 2p2, X2 2400 + 4p1-3p2 p2 = $ Need Help?Read It Talk to a Tutor Watch It 5. -12 points LarCAApCalc2 13.5.042 A corporation manufactures candles at two locations....
Quest Exhibit 10-2 A monopolistic competitive firm Price, costs, and revenue (dollars) 10 100 200 300 400 500 Quantity of output (units per week) Comparing the monopolistically competitive firm in Exhibit 10-2 to the long-run profit-maximizing outcome for a perfectly comp form with a price of $15 per unit and a quantity of 600, a. the profit earned by the monopolistically competitive firm is higher than that of the perfectly competitive firm the marginal revenue of the monopolistically competitive firm...
Because the derivative of a function represents both the slope of the tangent to the curve and the instantaneous rate of change of the function, it is possible to use information about one to gain information about the other. Consider the graph of the function y = f(x) given in the figure. (a) Over what interval(s) (a) through (d) is the rate of change of f(x) positive? (Select all that apply.) OOOO (b) Over what interval(s) (a) through (d) is...
8. [-13 Points] DETAILS TANAPCALC10 2.2.064. Profit from Sale of Smartphones Apollo manufactures smartphones at a variable cost of Vx) = 0.000003x3 -0.05x2 + 300x dollars, where x denotes the number of units manufactured per month. The monthly fixed cost attributable to the division that produces them is $100,000. The total revenue realized by Apollo from the sale of x smartphones is given by the total revenue function R(x) = -0.1x2 + 500x (0 < x < 5000) where R(x)...
The cost of controlling emissions at a firm is given by: (a)-2,000+100q where q is the reduction in emissions (in pounds of pollutant per day) and C is the daily cost to the firm (in dollars) of this reduction. Government clean-air subsidies amount to $100 per pound of pollutant removed per day. How many pounds of pollutant should the firm remove each day in order to minimize net cost (cost minus subsidy)? pounds of pollutant per day Need Help?Read It...
- c webassign.net $7800 Watch it Talk to a Tutor Read it Need Help? 12. [-15 Points] DETAILS TANAPCALC104.4.047.EP. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The quantity demanded each month of the Walter Serkin recording of Beethoven's Moonlight Sonata, produced by Phonola Media, is related to the price per compact disc. The equation p = -0.00055x + 8 (0 SX S 12,000) where p denotes the unit price in dollars and x is the number of discs demanded, relates...
Lynbrook West, an apartment complex, has 100 two-bedroom units. The monthly profit (in dollars) realized from renting out x apartments is given by the following function. P(x) = -11.r2 + 2002. – 40,000 To maximize the monthly rental profit, how many units should be rented out? units What is the maximum monthly profit realizable? 2
The graph presents the costs and revenue for a perfectly (purely) competitive firm, where the market price is equal to $600 per unit of output. This firm has a fixed cost equal to $3,600. Use this information to determine the optimal output and profit for this firm. What is the optimal output of this perfectly (purely) competitive firm? (Round your answer to the nearest whole number.) Cost and revenue $2400 2200 2000 1800 Average 1600 total cost Marginal cost Average...
Most questions answered within 3 hours.
-
Given P(Ec ) = 0.43, P(F) = 0.52, and P(EF) = 0.18.
Find P( E |...
asked 34 minutes ago -
Consider two empty containers A and B whose volumes are
10mL and 20mL respectively. 1mL of...
asked 37 minutes ago -
QUESTION 6
Determine the linear momentum of a 2,800 kg houseboat going 3
m/s.
9,100 kg.m/s...
asked 51 minutes ago -
Jor-el throws a ball upward from the top of a 728 foot building
on the planet...
asked 55 minutes ago -
Which of the following will most likely to happen if Federal
Reserve Bank decreases the money...
asked 38 minutes ago -
You’ve just joined the investment banking firm of Dewey,
Cheatum, and Howe. They’ve offered you two...
asked 32 minutes ago -
An air conditioner cools 226 m^3/min of humid air at 36 oC and
98% relative humidity...
asked 31 minutes ago -
Vaughn Manufacturing acquires a coal mine at a cost of $1870000.
Intangible development costs total $354000....
asked 40 minutes ago -
Question 5
What effect would a decrease in
temperature have on pressure, assuming that volume
(T)...
asked 53 minutes ago -
Draw the Lewis dot structures for the following molecules. None
of the atoms have a formal...
asked 57 minutes ago -
What does it mean when an element is radioactive?
a.
It means the element is changing...
asked 58 minutes ago -
A company deposits $6,000 in a bank at the end of every year for
10 years....
asked 57 minutes ago