Find the marginal revenue at a production level

Assignment Help Project Management
Reference no: EM131268554

The price p (in dollars) and the demand x for a brand of running shoes are related by the equation

x=4,000-40p

(A) Express the price p in terms of the demand x, and find the domain of this function.

(B) Find the revenue R(x) from the sale of x pairs of running shoes. What is the domain of R?

(C) Find the marginal revenue at a production level of 1,600 pairs and interpret the results.

(D) Find the marginal revenue at a production level of 2,500 pairs, and interpret the results.

Reference no: EM131268554

Questions Cloud

Long-run behavior of price levels : 1. Monetary policy could influence the long-run behavior of price levels, inflation rates, costs, and other real or nominal variables
Using commercially available survey instrument : A college asks your opinion on the relative merits of developing a survey instrument in-house versus using a commercial instrument. He found that there are many commercial types out there but they are all fairly expensive and do not include some of t..
Formulate this problem as transportation problem : Suppose that country A, country B and country C produce all the apples, bananas and oranges inthe world. The world’s demand for apples requires 90 million acres of land devoted to appleproduction, 90 million acres of land for bananas and 100 million ..
Calculation of the gross domestic product : Explain why factors that are not part of the calculation of the Gross Domestic Product (GDP) can be important exclusions that have important meaning for understanding domestic macro-economics.
Find the marginal revenue at a production level : Find the marginal revenue at a production level of 1,600 pairs and interpret the results.- Find the marginal revenue at a production level of 2,500 pairs, and interpret the results.
Types of employee development : Which one of the four types of Employee Development (Formal Education, Assessments, Job Experiences, and Interpersonal Relationships) do you feel is the most effective? Why??
Find the marginal revenue at a production level : Express the price p in terms of the demand x, and find the domain of this function.- Find the marginal revenue at a production level of 400 steam irons and interpret the results.
Determine the spectrum of the modulated binary pam signal : Draw the block diagram illustrating the optimum demodulator/detector for the received signal, which is equal to the transmitted signal plus additive white Gaussian noise.
Advertising speech is completely protected by constitution : Equitable courts have as the single goal to simply do the fairest possible order considering all of the other parties involved. All advertising speech is completely protected by the constitution. The supremacy clause is the number one clause used to ..

Reviews

Write a Review

Project Management Questions & Answers

  Create a project schedule and align resources

Create a project schedule and align resources, Analyze project schedule and resource allocation

  Managerial roles and gap analysis

Write a report on Managerial Roles and Gap Analysis

  Questionaire on project management

Questionaire on Project Management

  Describe the market growth rate for product

Describe the market growth rate for product and service.

  Prepare a work plan and project schedule - gantt chart

Design an online system for the human resources department to manage available job positions.

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Black-scholes options pricing model

Calculate the payoff and the profits for investments

  Describe the features or characteristics of product

Describe the features or characteristics of your product or service.

  Write paper on inventory management system

Write paper on Inventory Management System.

  Analysis of the overall project risk

Analysis of the overall project risk

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Distribution strategy and project management

Distribution strategy and project management

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