Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The demand for a product is p = 70-0.7x where x is the quantity for the item sold at $p dollars per piece. Determine the revenue function and the domain of the function. Include a full explanation of how you found the revenue function. What price should the company charge to obtain the largest revenue? Explain how you determined this price. You must use calculus techniques in solving for this price. What is the maximum revenue? Find the marginal revenue function. Find the marginal revenue function evaluated at x= 20. Explain what this value means. Taking into account storage and shipping, it costs p = C(x) = 100 +11.25x dollars to sell x of the product in the season. Find the average cost function and the marginal average cost function. Explain the difference between the two. Find the cost, average cost and marginal average cost for 20 items. Explain the difference in these values. Find the profit function. Explain how you determined this function. What price should the company charge to get the largest seasonal profit? Explain how you determined this price. You must use calculus techniques in solving for this price. What is the maximum possible seasonal profit? How can you be certain that the profit is maximized? You must use calculus techniques in solving for this price and how you can be certain that the profit is maximized. Explain what this value means By comparing the price you obtained for maximum revenue with the price you obtained for maximum profit, please explain any difference between the two and the reason for the difference.
Bright horizons a monopoly firm, offers a selection of light bulbs for sale. The product costs c = $40 to produce. The product may fail with probability 0.2, hence it is fully operative with probability = 0.8. This probability is public information i..
The radio manufacturing industry has been in decline for quite some time. Suppose the government is called on to save this industry with infusions of cash, low interest loans, or other special breaks. This might be touted as helping firms remain open..
The two firms have the same demand curve P=100-4Q, Marginal cost of Firm 1 is 5 and for firm 2 is 10.
In a typical year, changes in government spending compared to overall spending are relatively. The time necessary for a fiscal policy plan to have an impact is called a(n). The primary tools of fiscal policy are
The 2012 Human Development Report reported that the HDI of South Africa was 0.629 (and its rank was 121) and that of the Peru was 0.741 (and its rank was 77). In 2012 South Africa’s GNI per capita (in US dollars) was 7,610 and that of Peru was 6,060...
Walking along a railroad track in a daydream, suppose you are suddenly aware of a loud noise right behind you. What would be the “type I” error? What would be the “type II” error? Which is more serious? So what would you do?
What type of performance measurement based process was used to determine Jack Welch’s successor, Jeffrey Immelt, as CEO of GE?
Open a Word document and insert the image by pressing the Ctrl+V keys simultaneously. Give reasons to explain what the government would have to do to keep the unemployment rate at 3 percent
karens performance pizza is a small restraunt in ny that sells gluten free pizzas karens very tiny kitchen barely has enoug room for the three ovens in which her workers bake the pizzas karen signed a lease obligating her to pay the rent for the t..
Let's examine the demand for videocassette recorders (VCRs), which can be affected by their own price as well as the income of consumers and the price of a competing good, the DVD player.
Suppose medical care is consumed only in units of a homogeneous quantity, for instance, office visits which are priced at $40 per visit. The available insurance plan carries a $200 deductible and has a coinsurance rate of 20%. Graph the out-of-pocket..
The World Trade Organization was
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd