What price will the revenue

Assignment Help Business Economics
Reference no: EM13671031

The monthly revenue of a certain comany is given by R=820p-7^2p, where p is the price in dollars of the product the company manufacturers.

At what price will the revenue be $12,000 if the price must be greater than 50?

Reference no: EM13671031

Questions Cloud

Uaw labor contract with general dynamics : UAW labor contract with General Dynamics is being renegotiated.
Construct the partnership balance sheet : What are the tax consequences and construct the Partnership Balance Sheet showing both the adjusted basis and fair market for each account.
Discuss the implication of leaders inflexibility : Giving practical example discuss the implication of leaders inflexibility in adjusting their leadership style
What is its de broglie wavelength : What is its de Broglie wavelength?
What price will the revenue : The monthly revenue of a certain comany is given by R=820p-7^2p, where p is the price in dollars of the product the company manufacturers.
Difference between practical and statistical significance : Was the sample appropriate for this study - what are some possible limitations to this study and discuss how you would conduct a follow up study to this one.
Describe the chi-square goodness-of-fit test : Provide a detailed explanation of what this test measures, and how it is similar to and different from the independent t-test and the chi-square test of independence.
What kind of option could the company use to hedge : Is there directional risk in offering customers this pricing choice and what kind of option could the company use to hedge its cash flow risk?
Describe the attractive forces present : Describe all the energy changes which must be considered in the solution process

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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