(3) A company manufacturing laundry sinks has fixed costs of $100 per day but has total costs of $2,500 per day when producing 15 sinks. The company has a daily demand function of q = 360 − p, where q is the number if laundry sinks demanded and p is te price of a laundry sink. (d) How many laundry sinks will the company need to produce in order to maximise it′s profits? (e) What is the maximum profit?

Q: The demand curve of a firm is p=1200 -21q and its total cost is c(q)=2q3 - 66q2 + 600q + 1000 where…

A: Given that, The demand curve of a firm is p=1200 -21q and its total cost is c(q)=2q3 - 66q2 + 600q +…

Q: 2) A production function for a business follows the model P(L, K) = 0.1 L0.4K0.6 over the course of…

A: For a given production function we have to find the asked parameters.

Q: Q2 (b) if the profit function for a product is P (x) = 5600x + 85 x - x' - 200,000 dollars, selling…

A:

Q: 3.The demand curve of a firm is  p=1200- 21q  and its total cost is C(q)=2q3 – 66q2 +600q+1000 where…

A: Note: according to our guidelines we can answer only first three subparts

Q: A Commodity hasa demand fanctionm modeled by pe lo- and a total Cost flunction modeled by…

A: F

Q: The latest demand equation for your gaming website is given by p = 4 +3 where q is the number of…

A: Given the demand equation p=-q400+3, where q is the number of users who log-on per month and p is…

Q: A manufacturer believes that the cost function C(x) The manufacturer can make up to This leads to a…

A:

Q: The total cost to produce 100 units of a certain commodity in a certain firm amounts to € 2800.…

A: Since you have posted multiple subpart question, we will solve the first three subparts for you. If…

Q: 9. Assume that the inverse demand function for a good is given by p=f (q)=25/(2+q³), where p denotes…

A: To find: Rate of change of quantity with respect to price.

Q: (iv) What price should the company charge to maximize revenue? (v) What price should the company…

A:

Q: 4. a) The development budget of a municipality in Ghana includes expenditure on Feeder Roads,…

A: (a) Given expenditure on roads  , schools and water supply are in the ratio 7:15:2 Let expenditure…

Q: The demand curve of a firm is p = 1200 - 21q and its total cost is C(q) = 2q3 - 66q2 + 600q + 1000…

A: We will find out the required value value.

Q: Suppose that a demand function is given by q = D(p) = 20(7 - ((p) with superscript (2)/square root…

A: Given: The given demand function is q=D(p)=207-(p2p3+1) where q is the demand for a product and p is…