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Ау 40.000- The figure shows the graphs of the cost and revenue functions of a company...
The figure shows the graphs of the cost and revenue functions of a company that manufactures...
The figure shows the graphs of the cost and revenue functions of a company that manufactures and sels small radion. Use the formulas below to find 000) - C300). Describe what it means for the company Rx) 46 CO) - 12,000 26x What is the value of R100-300 R(300) - C300) Which of the following statements best describe what this means for the company? O A The company is breaking even because cost and revenue weg OB. The company is...
This Question: 1 pt 5 of 16 (4 complete) This Test: 16 pts possible The figure...
This Question: 1 pt 5 of 16 (4 complete) This Test: 16 pts possible The figure shows the graphs of the cost and revenue functions of a company that manufactures and sells small radios. Use the formulas below to find R(200) - C(200). Describe what it means for the company. 40.0001 R(x) = 40x C(x) = 12,000 + 20x 20,000+ Cix) RIX) 0- 400 800 Radios Produced and Sold What is the value of R(200) - C(200)? R(200) - C(200)...
SRII DU 1.56 The figure on the right shows the graphs of the cost and revenue...
SRII DU 1.56 The figure on the right shows the graphs of the cost and revenue functions for a company that manufactures and sells small radios. More than how many radios must be produced and sold for the company to have a profit? 90,000 35,000 30,000 radios to have a profit. The company needs to produce and sell more than (Type a whole number.) 25,000 -C(X) = 12,000+ 15x 20,000 15,000 10,000 5,000 0 + 0 R(x) = 45% 100...
radios to The company must produce and sell break even. The figure shows the graphs of...
radios to The company must produce and sell break even. The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells small radios. How many radios must be produced and sold for the company to break even? 50,000 Q 45,000 40,000 R(x) = 46x 35,000 30,000 C(x) = 2,200 + 35x 25,000- 20,000 15,000 10,000 5,000- 0 0 500 1000 1500 2000 Radios Produced and Sold
The formulas below are the cost and revenue functions for a company that manufactures and sells...
The formulas below are the cost and revenue functions for a company that manufactures and sells small radio a. Use the formulas shown to write the company's profit function, P, from producing and selling x radios. b. Find the company's profit if 25,000 radios are produced and sold. C(x) = 84,000 + 38x and R(x) = 44x a. The company's profit function is Px)=(Simplify your answer.) b. The company's profit from selling 25,000 radios is $]). (Simplify your answer) Enter...
Suppose that for a certain company Cix) = 25x + 300,000 represents the total cost function,...
Suppose that for a certain company Cix) = 25x + 300,000 represents the total cost function, and R(x) = 75x represents the total revenue function. Find the total-profit function and break-even point Which of the following functions represents the total-profit function? O A. 50x + 300,000 OB. 100x + 300,000 . C. 50x - 300,000 The break-even point is (DD .
I need help on the graph. Price and cost (dollars per burger) The graph shows the...
I need help on the graph.
Price and cost (dollars per burger) The graph shows the demand curve, marginal revenue curve, and cost curves of Bob's Best Burgers, a firm in monopolistic competition. 5.50 Draw an arrow at the profit-maximizing quantity to show the firm's markup. @ 8 ปี Because firms (of which Bob's is one) are_ _ the burger market. _, we would expect firms to O A. making an economic profit, enter O B. incurring an economic loss,...
Assuming there are no step-fixed costs, if marginal cost is greater than marginal revenue, the following...
Assuming there are no step-fixed costs, if marginal cost is greater than marginal revenue, the following must be true in order to break-even (select one): A. Fixed costs must be more than fixed revenues B. Fixed costs must be less than fixed revenues C. Cannot tell from the information given D. Fixed costs must be equal to fixed revenues
The graph shows the demand curve, marginal revenue curve, and cost curves of Bob's Best Burgers,...
The graph shows the demand curve, marginal revenue curve, and cost curves of Bob's Best Burgers, a firm in monopolistic competition. Price and coat (dollars per burr) MC ATC Draw an arow at the profit-maximizing quantity to show the firm's markup. Because firms (of which Bob's is one) arewe would expect firms to A. breaking even; enter B. incurring an economic loss; increase demand in the burger market. MR C, making an economic profit; enter D. incurring an economic loss;...
ompany that manufactures small canoes has a fixed cost of $22.000. It costs $80 to produce...
ompany that manufactures small canoes has a fixed cost of $22.000. It costs $80 to produce each canoe. The selling price is $160 per canoe. (In solving this exercise, let x present the number of cances pro sold) Write the cost function. -(Type an expression using x as the variable.) b. With the revenue function RX-Type an expression using x as the variable) c. Determine the break-even point. Type an ordered pair. Do not use commasin targe numbers.) This means...
The figure shows the graphs of the cost and revenue functions of a company that manufactures and sels small radion. Use the formulas below to find 000) - C300). Describe what it means for the company Rx) 46 CO) - 12,000 26x What is the value of R100-300 R(300) - C300) Which of the following statements best describe what this means for the company? O A The company is breaking even because cost and revenue weg OB. The company is...
This Question: 1 pt 5 of 16 (4 complete) This Test: 16 pts possible The figure shows the graphs of the cost and revenue functions of a company that manufactures and sells small radios. Use the formulas below to find R(200) - C(200). Describe what it means for the company. 40.0001 R(x) = 40x C(x) = 12,000 + 20x 20,000+ Cix) RIX) 0- 400 800 Radios Produced and Sold What is the value of R(200) - C(200)? R(200) - C(200)...
SRII DU 1.56 The figure on the right shows the graphs of the cost and revenue functions for a company that manufactures and sells small radios. More than how many radios must be produced and sold for the company to have a profit? 90,000 35,000 30,000 radios to have a profit. The company needs to produce and sell more than (Type a whole number.) 25,000 -C(X) = 12,000+ 15x 20,000 15,000 10,000 5,000 0 + 0 R(x) = 45% 100...
radios to The company must produce and sell break even. The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells small radios. How many radios must be produced and sold for the company to break even? 50,000 Q 45,000 40,000 R(x) = 46x 35,000 30,000 C(x) = 2,200 + 35x 25,000- 20,000 15,000 10,000 5,000- 0 0 500 1000 1500 2000 Radios Produced and Sold
The formulas below are the cost and revenue functions for a company that manufactures and sells small radio a. Use the formulas shown to write the company's profit function, P, from producing and selling x radios. b. Find the company's profit if 25,000 radios are produced and sold. C(x) = 84,000 + 38x and R(x) = 44x a. The company's profit function is Px)=(Simplify your answer.) b. The company's profit from selling 25,000 radios is $]). (Simplify your answer) Enter...
Suppose that for a certain company Cix) = 25x + 300,000 represents the total cost function, and R(x) = 75x represents the total revenue function. Find the total-profit function and break-even point Which of the following functions represents the total-profit function? O A. 50x + 300,000 OB. 100x + 300,000 . C. 50x - 300,000 The break-even point is (DD .
I need help on the graph.
Price and cost (dollars per burger) The graph shows the demand curve, marginal revenue curve, and cost curves of Bob's Best Burgers, a firm in monopolistic competition. 5.50 Draw an arrow at the profit-maximizing quantity to show the firm's markup. @ 8 ปี Because firms (of which Bob's is one) are_ _ the burger market. _, we would expect firms to O A. making an economic profit, enter O B. incurring an economic loss,...
The graph shows the demand curve, marginal revenue curve, and cost curves of Bob's Best Burgers, a firm in monopolistic competition. Price and coat (dollars per burr) MC ATC Draw an arow at the profit-maximizing quantity to show the firm's markup. Because firms (of which Bob's is one) arewe would expect firms to A. breaking even; enter B. incurring an economic loss; increase demand in the burger market. MR C, making an economic profit; enter D. incurring an economic loss;...
ompany that manufactures small canoes has a fixed cost of $22.000. It costs $80 to produce each canoe. The selling price is $160 per canoe. (In solving this exercise, let x present the number of cances pro sold) Write the cost function. -(Type an expression using x as the variable.) b. With the revenue function RX-Type an expression using x as the variable) c. Determine the break-even point. Type an ordered pair. Do not use commasin targe numbers.) This means...
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