2. Differentiate the following:-a. q(p) = 3e³ - 2p13b. y = ln (5p² - √√p)C.f'(1) = (3e³ - 2p¹³) In (5p² - √p)4

Step 1: State the given equation: q(p)=3e3−2p−31 (Equation 1)y=ln(5p−2−4p) (Equation 2) Step 2:…

Answered: 2. Differentiate the following: - a.…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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For a certain company, the cost for producing x items is 60x + 300 and the revenue for selling x items is 100x – 0.5x². - The profit that the company makes is how much it takes in (revenue) minus how much it spends (cost). In economic models, one typically assumes that a company wants to maximize its profit, or at least wants to make a profit! Part a: Set up an expression for the profit from producing and selling x items. We assume that the company sells all of the items that it produces. (Hint: it is a quadratio polynomial.) Part b: Find two values of x that will create a profit of $300. The field below accepts a list of numbers or formulas separated by semicolons (e.g. 2; 4; 6 or x + 1; x – 1). The order of the list does not matter. To enter va, type sqrt(a). x = Part c: Is it possible for the company to make a profit of $15,000?
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22.5 Recall that Touchie McFeelie's production function for comic books is .1J1/213/4. Suppose that Touchie can vary both jokes and cartoonists' labor. If old jokes cost $2 each and cartoonists' labor costs $18 per hour, then the cheapest way to produce comics books requires using jokes and labor in the ratio J/L= (a) 9. (b) 12. (c) 3. (d) 2/3. (e) X+ PC X4.0 Show Transcribed Text 000 please explain this question and the correct answer is 6. Thanks.
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2. Differentiate the following: - a. q(p) = 3e³ - 2p 1 3 b. y = ln (5p² - √√p) C. f'(1) = (3e³ - 2p¹³) In (5p² - √p) 4