Find its marginal revenue function

Assignment Help Basic Statistics
Reference no: EM13241375

A   monopolist firm"s demand curve is =P=100-2q
find its marginal revenue function?
what is the relationship between the slopes of average and marginal revenue curve?
at what price is the marginal revenue zero? 

Reference no: EM13241375

Questions Cloud

The probability that the site is completed in less than 225 : Site preparation for new housing developments for tracts of 40 houses is normally distributed with a mean of 250 workdays and a standard deviation of 25 workdays.
What is the variable cost function of a firm : (a) Calculate profit-maximizing output (b) Calculate Price at profit-maximizing point (c)What is the variable cost function A firm has the following Price and Cost functions
Running a study comparing 3 different products on five : Running a study comparing 3 different products on five different experimental visits. The same subjects are used for each visit and the same tests are carried out each time on all 3 products. What is the best way to radomise the presentation of the 3..
What is its speed at point b : A small particle has charge -2.30\mu C and mass 3.00×10^-4kg . It moves from point A, where the electric potential is V_A = 120V , to point B, What is its speed at point B
Find its marginal revenue function : Find its marginal revenue function?
Explain what is the mass of h2so4 : What is the mass of H2SO4 in 520.0 cm3 sample of sulfuric acid that has a density of 1.55 g/cm3 and which consists of 55.0 % H2SO4
When the r-square value is low the ci plots about : Calculate the confidence intervals about a regression line. My data is log transformed and has high R-square value for what is called "power" equation in Excel. My CI's are narrow at the top of the graph and very wide near the bottom.
How much time is required for the sled to travel down : A girl is sledding down a slope that is inclined at 30º with respect to the horizontal, The combined mass of the girl and the sled is 76.5 kg, How much time is required for the sled to travel down a 149-m slope, starting from rest
Conduct a tailed hypothesis test : Assume you have the following data: H1: µ ? 200, S =30, n = 64, and X =218. Conduct a two tailed hypothesis test at the 0.05 significance level.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Estimate true proportion of covered by confidence interval

How large a sample is needed to estimate the true proportion of covered children with 90% confidence with a confidence interval of .05.

  Procedure of hypothesis testing

Suppose the sample variance for 3 parts turns out to be S2 = .0005. Use a=.05 to test whether the population variance specification is being violated.

  Statement as a multiple regression model

Formulate this statement as a multiple regression model (form only, without parameter estimation).

  What are expectation and variance for distribution and pmf

Only 40% of these eruptions last longer than 2 minutes. For each of the following random variables, write down the distribution and the PMF. (Identify all parameters) What are the expectation and variance?

  Stating the null and alternative hypotheses

Test the hypotheses that the average household income in the township is greater than $100,000. Hint: Start by stating the null and alternative hypotheses.

  Probabilities-expected size of family

Using the probabilities above what is the expected size of family you draw?

  Standard error of the estimate and interpret

Use drinking as an excuse for outrageous behavior. including public nudity and dancing on tables. Find the standard error of this estimate. and interpret.

  Statistical significance statements

Describe whether statements regarding statistical significance are true or false. When your results are found to be statistically significant, can one conclude that they will have a meaningful effect in the clinic.

  Find probability for fewer the claims have been padded

Your office has just received 140 insurance claims to be processed in the next few days. Find the following probabilities.

  Chi-square test-phone service providers

In a survey about satisfaction with local phone service, those respondents who rated their current service as excellent and those who rated it Poor-Very Poor were asked to classify their current local service provider. The results are given in the..

  Findout the probability value for normal distribution

Findout the probability value for normal distribution. Illustrate the weight of football players is normally distributed with a mean of 200 pounds also a standard deviation of 25 pounds.

  Summarize the statistical results

Summarize in words each of the following findings: The Tukey test was significant at .01 for two groups (A and E).

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd