What function gives the marginal revenue

Assignment Help Basic Computer Science
Reference no: EM131789178

Marginal revenue  Suppose the total revenue function for a blender is

R(x) = 36x - 0.01x2

dollars where x is the number of units sold.

(a) What function gives the marginal revenue?

(b) What is the marginal revenue when 600 units are sold, and what does it mean?

(c) What is the marginal revenue when 2000 units are sold, and what does it mean?

(d) What is the marginal revenue when 1800 units are sold, and what does it mean?

Reference no: EM131789178

Questions Cloud

What are the advantages and the disadvantages of a merger : What are the advantages and the disadvantages of a merger? In your response, provide an example of either - a merger that was successful,.
Revenue function for a sound system : Marginal revenue The revenue function for a sound system is
Discuss about the birth and family planning policy : There's already a solution online about Big Push from abroad and Birth and Family Planning Policy are there any other things that can be done?
Do the tools measure achievement of customer quality : Do the tools measure achievement of customer quality expectations? If they do, explain why. If they do not, explain what changes you would recommend and why.
What function gives the marginal revenue : (a) What function gives the marginal revenue? (b) What is the marginal revenue when 600 units are sold, and what does it mean?
What is the monopolist profit-maximizing quantity : A monopoly has costs described by TC(Q)=6000+8Q. Demand is described by P=60-0.1Q. What is the monopolist's profit-maximizing quantity (Q)?
Find the instantaneous rate of change : where x is the number of workers employed at the mill. If there are currently 50 workers, find the instantaneous rate of change of monthly output
Discuss net position for southern state university as june : Prepare, in good form, a Statement of Net Position for Southern State University as of June 30, 2015
Research about flow charts and cause-and-effect diagrams : Conduct research to explain what flow charts and cause-and-effect diagrams are and how they are used in the hospitality industry.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Can something else be logged to achieve the same purpose

In the example of deriving required logging information for the Chinese Wall model, it is stated that the time must be logged. Why? Can something else be logged to achieve the same purpose?

  Describe three advantages of green it

1. With a focus on enterprise hardware, software, services, and human capital, list and describe three advantages of green IT.

  Present value of a discount bond and its time to maturity

What, in general, is the relationship between the present value of a discount bond and its time to maturity?

  Do you think a termination detection algorithm can be design

Do you think a termination detection algorithm can be designed for such a system? Give reasons for your answer.

  Probability of successful collection from the customer

Consider the case of the Cast Iron Company. On each nondelinquent sale, Cast Iron receives revenues with a present value of $1,230 and incurs.

  Probability of selecting a black card

Consider the example of finding the probability of selecting a black card or a 6 from a deck of 52 cards.

  Explain two major components of sql

1. What type of integrity is enforced when a primary key is declared? 2. Explain why it might be more appropriate to declare an attribute that contains only digits as a character data type instead of a numeric data type. 3. Explain two major compon..

  Problem regarding the positive reinforcements

What attributes do positive reinforcements need to have to motivate behavior?

  Boundless resource of information

The World Wide Web is a boundless resource of information. It contains blogs, tutorials, demos, videos, text, references, and resources

  Develop a model for vancomycin hci

The mean plasma clearance is approximately 0.058 L/kg/h (liter of drug per kilogram of patient mass each hour), while the mean renal clearance is about 0.048 L/kg/h (Hospira 2010). Thus, include the mass of the patient in the model.

  Calculate and print the total of yesterday receipts

(Parking Charges) A parking garage charges a $2.00 minimum fee to park for up to three hours and an additional $0.50 per hour for each hour.

  Write a simple program in which the value added three times

Write a simple program in which the value, $55, is added three times HCS12

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