WebAug 6, 2024 · The demand and supply functions for free-range chickens are P_d=50-0,6Q and P_,=2 θ +0,4Q where P and Q are the price and quantity respectively. If free-range … WebYour costs are C = 20 + 5Q. The profit-maximizing output for your firm is: A.6. B.5. C.7. D.8. 8 You are the manager of a monopoly that faces a demand curve described by P = 85 - 5Q. Your costs are C = 20 + 5Q. The profit-maximizing price is: A.45.
The demand and supply functions for free-range meat …
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Not yet answered Question 15 Marked out of 6.67 The demand …
WebTotal cost and revenue are approximated by the functions C = 5000 + 2.4q andR = 4q, both in dollars. Identify the fixed cost, marginal cost per item, and the price at which this ... −C(q) = (7q)−(0.01q3−0.6q2+13q) ... = 20 −4x This equals zero when 20 −4x = 0 x = 5 If x = 5, the revenue will be $288, higher than the original revenue ... WebApr 22, 2024 · Math >. Calculus. Question #332663. The demand function Q and cost function C (Q) of a commodity are given by the equations. Q=20−0,01P, C (Q)=60+6Q, where P and Q are the price and quantity, respectively. The total revenue function (TR) in terms of P is. a. WebThe demand and supply functions for free-range meat are Pd= 50 - 0,6Q. and Ps = 20 + 0,4Q where P is price and Q is quantity. . If free-range meat are subsidised by R4, the … hugh doyle