Given Cost and Price (demand) functions C(q) = 120q+40000 and p(q) = -2.4q+800, what is the marginal revenue when costs are $ 90,000? The marginal revenue is dollars per item. If necessary, round to the nearest integer questoon 2 Given cost and price (demand) functions C(q) = 120q+41,100 and p(q) = -2q +860, what profit can the company earn by selling 40 items? It can expect to earn $ in profit. (Round answer to nearest dollar.) question 3 Given cost and price (demand) functions C(q) = 100q+44, 100 and p(q) = -1.9q+860, what is the marginal revenue at a production level of 40 items? The marginal revenue is dollars per item. (Round answer to nearest dollar.)

Given Cost and Price (demand) functions C(q) = 120q+40000 and p(q) = -2.4q+800, what is the marginal revenue when costs are $ 90,000? The marginal revenue is dollars per item. If necessary, round to the nearest integer questoon 2 Given cost and price (demand) functions C(q) = 120q+41,100 and p(q) = -2q +860, what profit can the company earn by selling 40 items? It can expect to earn $ in profit. (Round answer to nearest dollar.) question 3 Given cost and price (demand) functions C(q) = 100q+44, 100 and p(q) = -1.9q+860, what is the marginal revenue at a production level of 40 items? The marginal revenue is dollars per item. (Round answer to nearest dollar.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Foc

Given Cost and Price (demand) functions C(q) = 120q+40000 and p(q) = -2.4q+800, what is the marginal revenue when costs are $
90,000? The marginal revenue is dollars per item. If necessary, round to the nearest integer questoon 2 Given cost and price (demand)
functions C(q) = 120q+41,100 and p(q) = -2q +860, what profit can the company earn by selling 40 items? It can expect to earn $ in
profit. (Round answer to nearest dollar.) question 3 Given cost and price (demand) functions C(q) = 100q+44, 100 and
p(q) = -1.9q + 860, what is the marginal revenue at a production level of 40 items? The marginal revenue is dollars per item. (Round
answer to nearest dollar.)

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