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Rate of change Question 2 A product is being sold currently for $25 with the price increasing at the rate of $2 per year. At this price, customers buy 150 thousand items but the quantity being bought...
1. A company estimates that if r thousand cedis is spent on the marketing of a...
1. A company estimates that if r thousand cedis is spent on the marketing of a certain product, Q(1) 7 thousand units of the product will be sold, where Q() 27 +22 (a) Dctcrmine the domain of the function defined. 12 Marks] (b) Determine how much of the product will be sad if the company does not spend any money on marketing 12 Marks/ (c) Determine the amount of money the company must spend on marketing to achieve the minimum...
I need help with question 1 part a,b,c,d,e and f. question 2. 1. The graph shows the rate of change in the price p) ollars per week of an automobile stock in dollars per week over a 105-week peri...
I need help with question 1 part a,b,c,d,e and f. question 2.
1. The graph shows the rate of change in the price p) ollars per week of an automobile stock in dollars per week over a 105-week period. Area-67.6 Area Area # 1 14.5 73 88 week t 105 Area 136 54 Area # 1 7.9 015 1e5 a. Find J pO)di and then complete the following interpretation of pod. During the 10s-week trading period, the price of an...
Question 3-4 SESSION 13 The marginal revenue is the rate of change in total revenue per...
Question 3-4
SESSION 13 The marginal revenue is the rate of change in total revenue per unit increase in output, Q The marginal cost is the rate of change in total cost per unit increase in output, Q AR is defined as average revenue per unit for the first Q su ccessive units sold. AR is determined by dividing total reven ue by the quantity sold, Q The AR function is equal to price, P. where Pis given by the...
Just need help with 41! 41: A) What is the rate of change of price with...
Just need help with 41!
41: A) What is the rate of change of price with respect to the quantity demanded when q=49? B) Interpret your answer. 37. Revenue The revenue from the sale of a product is R = 1500x + 3000(2x + 3)-1 - 1000 dollars where x is the number of units sold. Find the marginal revenue when 100 units are sold. Interpret your result. 38. Revenue The revenue from the sale of x units of a...
Labor Quantity Price MPI Wage Per Unit Marginal Rate Product of Labor 0 $100 $50 5...
Labor Quantity Price MPI Wage Per Unit Marginal Rate Product of Labor 0 $100 $50 5 $105 $50 12 $10 7 $50 30 $10 18 $50 43 $10 13 $50 52 $109 $50 60 $108 $50 64 $10 4 $50 OU UN-O TFC TVC TC M C AVC ATC Marginal Total Total Total Total Marginal Average Average Revenue Revenu Fixed Variable Cost Cost Variable Total Cost Cost Cost Cost 2000 200 - - - $100 200 50 250 10 10...
Part 1 Banana Inc. currently needs exactly 600 LCD screens per month for their smartphones. They...
Part 1 Banana Inc. currently needs exactly 600 LCD screens per month for their smartphones. They currently order 450 screens in every order. The contracted price for screens is $20 per unit and they have calculated the storage and other inventory holding costs to be 30% of the price per year per item. Other costs associated with ordering (per order) are: - Order placement fees (documentation, network support): $100 - Delivery costs (Fuel, Driver, Truck, etc.): $150 - Cost of...
15. Suppose demand, D, for a good is a linear function of its price per unit,...
15. Suppose demand, D, for a good is a linear function of its price per unit, P. When price is $20, demand 16. A certain firm posted an ad for a sales representative position paying S36,000 base salary plus a. What commission rate (as a percent of sales) must he earn to make $63,000 per year? is 100 units, and when price is $10, demand is 150 units. Find the demand function. commission. Based on his past experience, a salesman...
Dollars per sack (thousands) $380 -Deum 204 261 ATC AVC 258 0 2 4 6 8...
Dollars per sack (thousands) $380 -Deum 204 261 ATC AVC 258 0 2 4 6 8 10 12 14 16 18 20 22 24 26 Quantity of coffee (sacks of 60 kilos) a. The figure describes the cost and revenue structure of a perfectly competitive coffee farm, on a per-unit basis. What is the profit maximizing number of sacks when the price of coffe mizing number of sacks when the price of coffee in the market is $380 dollars? b....
Ante tolikowing Us Towy w Et Questo 39 Gradesh 1. The western component DD 2. An...
Ante tolikowing Us Towy w Et Questo 39 Gradesh 1. The western component DD 2. An increase in real GDP of the UNE output of goods and services U 3. Economists use the termino debe overall production levels rising 4. Suppose that a borrower and and then on a loan. Then nation turns out to be the one that the real interest rate on this loans lower than 6. The catch-up effect is deed the property where rich more rapidly...
1) Repeated doubling, in which each doubling occurs in the same amount of time, is a...
1) Repeated doubling, in which each doubling occurs in the same amount of time, is a hallmark of linear growth. A) True B) False 2) Money in a bank account earning compound interest at an annual percentage rate of 3% represents an example of linear growth. A) True B) False 3) Suppose you had a magic bank account in which your balance doubled each day. If you started with just $ 1, you'd be a millionaire in less than a...
1. A company estimates that if r thousand cedis is spent on the marketing of a certain product, Q(1) 7 thousand units of the product will be sold, where Q() 27 +22 (a) Dctcrmine the domain of the function defined. 12 Marks] (b) Determine how much of the product will be sad if the company does not spend any money on marketing 12 Marks/ (c) Determine the amount of money the company must spend on marketing to achieve the minimum...
I need help with question 1 part a,b,c,d,e and f. question 2.
1. The graph shows the rate of change in the price p) ollars per week of an automobile stock in dollars per week over a 105-week period. Area-67.6 Area Area # 1 14.5 73 88 week t 105 Area 136 54 Area # 1 7.9 015 1e5 a. Find J pO)di and then complete the following interpretation of pod. During the 10s-week trading period, the price of an...
Question 3-4
SESSION 13 The marginal revenue is the rate of change in total revenue per unit increase in output, Q The marginal cost is the rate of change in total cost per unit increase in output, Q AR is defined as average revenue per unit for the first Q su ccessive units sold. AR is determined by dividing total reven ue by the quantity sold, Q The AR function is equal to price, P. where Pis given by the...
Just need help with 41!
41: A) What is the rate of change of price with respect to the quantity demanded when q=49? B) Interpret your answer. 37. Revenue The revenue from the sale of a product is R = 1500x + 3000(2x + 3)-1 - 1000 dollars where x is the number of units sold. Find the marginal revenue when 100 units are sold. Interpret your result. 38. Revenue The revenue from the sale of x units of a...
Labor Quantity Price MPI Wage Per Unit Marginal Rate Product of Labor 0 $100 $50 5 $105 $50 12 $10 7 $50 30 $10 18 $50 43 $10 13 $50 52 $109 $50 60 $108 $50 64 $10 4 $50 OU UN-O TFC TVC TC M C AVC ATC Marginal Total Total Total Total Marginal Average Average Revenue Revenu Fixed Variable Cost Cost Variable Total Cost Cost Cost Cost 2000 200 - - - $100 200 50 250 10 10...
15. Suppose demand, D, for a good is a linear function of its price per unit, P. When price is $20, demand 16. A certain firm posted an ad for a sales representative position paying S36,000 base salary plus a. What commission rate (as a percent of sales) must he earn to make $63,000 per year? is 100 units, and when price is $10, demand is 150 units. Find the demand function. commission. Based on his past experience, a salesman...
Dollars per sack (thousands) $380 -Deum 204 261 ATC AVC 258 0 2 4 6 8 10 12 14 16 18 20 22 24 26 Quantity of coffee (sacks of 60 kilos) a. The figure describes the cost and revenue structure of a perfectly competitive coffee farm, on a per-unit basis. What is the profit maximizing number of sacks when the price of coffe mizing number of sacks when the price of coffee in the market is $380 dollars? b....
Ante tolikowing Us Towy w Et Questo 39 Gradesh 1. The western component DD 2. An increase in real GDP of the UNE output of goods and services U 3. Economists use the termino debe overall production levels rising 4. Suppose that a borrower and and then on a loan. Then nation turns out to be the one that the real interest rate on this loans lower than 6. The catch-up effect is deed the property where rich more rapidly...
1) Repeated doubling, in which each doubling occurs in the same amount of time, is a hallmark of linear growth. A) True B) False 2) Money in a bank account earning compound interest at an annual percentage rate of 3% represents an example of linear growth. A) True B) False 3) Suppose you had a magic bank account in which your balance doubled each day. If you started with just $ 1, you'd be a millionaire in less than a...
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