Should it produce to maximize its profit

Assignment Help Financial Management
Reference no: EM13977693

1. A firm can produce 100 units per week. If its total cost function is C = 500 + 1500x dollars and its total revenue function is R = 1600x-x2 dollars, how many units, x, should it produce to maximize its profit? Find the maximum profit. 

Reference no: EM13977693

Questions Cloud

Relatively small student loans from two different lenders : You have two relatively small student loans from two different lenders. The loans have the same principals but different interest rates: How many years will it take for you to pay off both loans? What is the cumulative dollar value of the interest th..
Compute the bonds yield to maturity : (Bond valuation) Fingen’s 19-year, $1,000 par value bonds pay 14 percent interest annually. The market price of the bonds is $890 and the markets required yield to maturity on a comparable-risk bond is 17 percent. Compute the bonds yield to maturity...
What is your effective borrowing rate now : Your firm needs to raise $100 million in funds. You can borrow short-term at a spread of 1% over LIBOR. Alternatively, you can issue 10-year, fixed-rate bonds at a spread of 2.50% over 10-year treasuries, which currently yield 7.60%. Current 10-year ..
What is the magnitude of the net acceleration of the mass : Three forces, act on a mass of 4.2 kg. The forces are X = 2.0 N acting to the east, Y = 5.0 N acting 45o to the north of east, and Z = 4.0 N acting 30o to the north of west. What is the magnitude of the net acceleration of the mass?
Should it produce to maximize its profit : A firm can produce 100 units per week. If its total cost function is C = 500 + 1500x dollars and its total revenue function is R = 1600x-x2 dollars, how many units, x, should it produce to maximize its profit? Find the maximum profit.
Find the electric potential at origin due to three charges : Three equal charges 6 μC are located in the xy-plane, one at (0 m, 35 m), another at (72 m, 0 m). Find the electric potential at the origin due to these three charges.
Interval estimate for a population mean : In determining the necessary sample size in making an interval estimate for a population mean, it is necessary to first make an estimate of the population standard deviation. On what bases might such an estimate be made?
Proportion of investors on the counselor mailing : Based on this sample, construct and interpret the 99% confidence interval for the population proportion of investors on the counselor's mailing list who think of them- selves as someone who enjoys taking risks.
Confidence interval for population proportion : Assuming this to be a simple random sample of drivers from this age group, construct and interpret the 90% confidence interval for the population proportion of drivers aged 16-20 who have texted while driving. Source: Anne R. Carey and Karl Gelles..

Reviews

Write a Review

Financial Management Questions & Answers

  What is true of arbitrage pricing theory

What is true of Arbitrage pricing theory? 1) it is a single factor model 2) it is a multifactor model 3) it is frequently used by practitioners 4) It specifies the factors that influence stock returns

  Corporations face fewer regulations than sole proprietorship

Corporations face fewer regulations than sole proprietorships. One disadvantage of operating a business as a sole proprietorship is that the firm is subject to double taxation, at both the firm level and the owner leve.

  Corporate tax rate and appropriate discount rate

Scott Investors, Inc., is considering the purchase of a $360,000 computer with an economic life of five years. The computer will be fully depreciated over five years using the straight-line method. The market value of the computer will be $60,000 in ..

  Bond equivalent yield and the effective annual return

A Treasury bill with 132 days to maturity is quoted at 96.540. What is the bank discount yield, the bond equivalent yield, and the effective annual return? (Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal ..

  What is the present value of a year annuity

What is the present value of a 11-year annuity of $5,000 per period in which payments come at the beginning of each period? The interest rate is 14 percent. Use Appendix D.

  Desires to pay remainder of the loan in single payment

Clay Harden borrowed $37,000 from a bank at an interest rate of 8% compounded monthly. The loan will be repaid in 36 equal monthly installments over three years. Immediately after his 22th payment, Clay desires to pay the remainder of the loan in a s..

  What is the bonds call price

Kennedy Gas works has bonds that mature in 10 years, and have a face value of $1000. The bonds have a 10% quarterly coupon. The bonds may be called in five years. The bonds have a nominal yield to maturity of 8% and a yield to call of 7.5%. What is t..

  All net assets at the beginning of the year are unrestricted

Below is a list of account balances for Currie Hospital as of December 31, 2013. Prepare a balance sheet as of December 31, 2013, in proper form. (Hint: You will need to compute the net assets account. Assume that all net assets at the beginning of t..

  What is the present value-payments start immediately

What is the present value of $10,000 to be received each year for 20 years if the payments start immediately? Assume a discount rate of 7%.

  Compute the realized rate of return for investors

Eight years ago, Goodwynn & Wolf Incorporated sold a 29-year bond issue with a 9% annual coupon rate and a 6% call premium. Today, G&W called the bonds. The bonds originally were sold at their face value of $1,000. Compute the realized rate of return..

  Very special kind of lottery

You just won a very special kind of lottery. Instead of receiving a large lump sum now, for tax reasons this lottery makes equal yearly payments of $ 5,760 for the rest of your life! The only catch is that you have to wait 2 years for the first payme..

  Americas current account ca deficit the trade deficit plus

americas current account ca deficit the trade deficit plus net income payments and netunilateral transfers rose as a

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