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The revenue R, in dollars, derived from selling x computers is given by R = -3x2 + 600x + 1000
(a) How many items should be sold to maximize the revenue?
(b) What is the revenue?
Now suppose that the demand increases by 10 units at each price.fill in the new quanity demanded in table above5.determine the new equilibrium price and quanity 6.reproduce the graph tha u drew for question 4 and label oringinal demand and supply
Show that there are no transitional dynamics, so that starting with any N(0) > 0, the economy grows at a constant rate.
Interpret the coefficient of LOG (AVGINC). Are its sign consistent with your expectations and determinant factors that explain students' performance in fifth-grade tests. We observe a sample of 420 districts in California
ACT Scores, A survey of 1000 students nationwide showed a mean ACT score of 21.4. A survey of 500 Ohio scores showed a mean of 20.8. If the poppulation standard deviation in each case is 3,
In chapters nine through twelve of Cocktail Party Economics, Evie Adomait and Richard Maranta discuss the conditions required for competitive markets to be efficient, and write about those circumstances under which market outcomes are less than effic..
Carefully look at the facts and explain your answers to the issues in a formal memorandum by using search and seizure law, the facts and reasonable inferences from those facts.
What is the marginal cost of producing a 301s unit A 401st unit If you are comfortable doing so, you may answer this question by writing down the marginal cost function directly, rather than recalculating total cost for q = 301 and q = 401.
where P is the price of cigarettes in dollars and Q is in millions of cigars Using calculus, show that the demand and supply curve have constant elasticity along their entire length. What are the values of the demand and supply elasticities
The demand for haddock has been estimated as log Q=a+b log P +c log I + d log Pm where Q= quantity of haddock sold in New England P= price per pound of haddock I= a measure of personal income in the New England region Pm= an index of the price of ..
The Annual Benefits may be assumed to be one tenth of the decade benefits. The O & M Cost of the project is estimated to $15000 per year. Assume a 50 Year Analysis Period with no net project salvage Value. Purpose 1 decade 2 decade 3 decade 4 deca..
Suppose that work hours in New Zombie are 300 in year 1 and productivity is $14 per hour worked. What is New Zombie's real GDP If work hours increase to 320 in year 2 and productivity rises to $16 per hour, what is New Zombie's rate of economic growt..
Suppose you are hired as a traffic consultant to improve traffic patterns among commuters. How should these 5000 cars be allocated over the two routes in order to minimize the total amount of time cars are commuting
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