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The figure shows the graphs of the cost and revenue functions of a company that manufactures...
Ау 40.000- The figure shows the graphs of the cost and revenue functions of a company...
Ау 40.000- 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(100) - C(100). Describe what it means for the company R(x)=50x C(x) = 12,000 - 27x 20,000 a RIX) 0 400 800 Radios Produced and Sold What is the value of R(100) - C(100)? R(100) - C(100) - $ Which of the following statements best describes what this means for the company?...
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...
The graphs of the revenue and cost functions for the production and sale of z units are shown bel...
The graphs of the revenue and cost functions for the production and sale of z units are shown below. The cost function is the straight line, and the revenue function is the curve. 77000 70000 63000 56000 49000 42000 35000 28000 21000 14000 0 0 100200 300 400 500 600 700 800 900 1000 1100 1200 a. Use the graph to estimate the production level z that maximizes profit. Use only values that appear on the horizontal axis for your...
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...
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...
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,...
6. The role of economic profit Suppose that a company is making positive economic profit. Which...
6. The role of economic profit Suppose that a company is making positive economic profit. Which one of the following statements must be true? O 0 0 0 Its accounting profit is less than its cost of equity capital. Its accounting profit equals its economic profit. Its economic profit is greater than its accounting profit. Its accounting profit is greater than its cost of equity capital. Why do newspapers, financial statements, and annual reports usually report a company's accounting profit...
You own a coal mining company and are considering opening a new mine. The mine itself...
You own a coal mining company and are considering opening a new mine. The mine itself will cost $119.4 million to open. If this money is spent immediately, the mine will generate $19.2 million for the next 10 years. After that, the coal will run out and the site must be cleaned and maintained at environmental standards. The cleaning and maintenance are expected to cost $1.9 million per year in perpetuity. What does the IRR rule say about whether you...
Ау 40.000- 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(100) - C(100). Describe what it means for the company R(x)=50x C(x) = 12,000 - 27x 20,000 a RIX) 0 400 800 Radios Produced and Sold What is the value of R(100) - C(100)? R(100) - C(100) - $ Which of the following statements best describes what this means for the company?...
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...
The graphs of the revenue and cost functions for the production and sale of z units are shown below. The cost function is the straight line, and the revenue function is the curve. 77000 70000 63000 56000 49000 42000 35000 28000 21000 14000 0 0 100200 300 400 500 600 700 800 900 1000 1100 1200 a. Use the graph to estimate the production level z that maximizes profit. Use only values that appear on the horizontal axis for your...
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...
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...
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,...
6. The role of economic profit Suppose that a company is making positive economic profit. Which one of the following statements must be true? O 0 0 0 Its accounting profit is less than its cost of equity capital. Its accounting profit equals its economic profit. Its economic profit is greater than its accounting profit. Its accounting profit is greater than its cost of equity capital. Why do newspapers, financial statements, and annual reports usually report a company's accounting profit...
You own a coal mining company and are considering opening a new mine. The mine itself will cost $119.4 million to open. If this money is spent immediately, the mine will generate $19.2 million for the next 10 years. After that, the coal will run out and the site must be cleaned and maintained at environmental standards. The cleaning and maintenance are expected to cost $1.9 million per year in perpetuity. What does the IRR rule say about whether you...
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