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Given Q, P, TC. How do I find determine equations for P=f(Q), MR=f(Q),
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- What is the functional form of this equation - Qx = 229,821 – 38,121 Px + 28,826 PyExtreme Protection, Inc. manufactures helmets for skiing and snowboarding. The fixed costs for one model of helmet are $6600 per month. Materials and labor for each helmet of this model are $55, and the company sells this helmet to dealers for $85 each. (Let x represent the number of helmets sold. Let C, R, and P be measured in dollars.) (a) For this helmet, write the function for monthly total costs C(x). C(x) = (b) Write the function for total revenue R(x). R(x) = ◇ For each additional helmet sold the profit (in dollars) increases by this much, but since it is positive it means that the company is producing too many helmets. For each additional helmet sold the profit (in dollars) increases by this much, but since it is negative it means that the company needs to decrease the number of helmets sold in order to make a profit. ◇ This is the profit (in dollars) when 200 helmets are sold, but since it is negative it means that the company loses money when 200 helmets are sold. (e) Find…is the following statement true if f(x) = (-2)x, then f(a-1)/f(a-4) = 8
- A cost of production function is given as C (n) = (n – 100)2 + 100 where C (n) is the cost in $ of producing n number of a certain product. Use the derivative to determine the n which will minimize the cost of production. n = 10 n = 100 c) n = 50 d) n = 20TC= 1/3 Q^3- 15Q^2 + 480Q+ 900 a) Write down the equation for MC, AFC b) Find the values of Q for which MC and AVC are minimized c) Plot the graph of MC, AFC and AVC on the same graph. CommentSuppose we have another firm known as Sepanyan Corporation which makes a product known as Yeghias. Suppose the firm’s FC=$8,000 and its TC=$10,000 and its AVC=$5. What is the ATC?
- where f: R++ → R satisfies f(1) = 1.² Calculate z₁(p, M). (You cannot use function f in your final answer.)All details solution step must be shown. Suppose the total cost in dollars of manufacturing q units of a certain commodity is given by the function C(q)=q^(3)-30q^(2)+400q+500. a. Compute the cost of manufacturing 20 units. b. Compute the cost of manufacturing the 20th unit.I need the answer as soon as possible
- Whenever postage rates change, some newspaper publishes a graph such as the one shown below, which shows the price of a first-class stamp from 2006 to 2016. Cost(dollam) 0.85- 0.70- 0.55 0.40 0.25 of 2006 2008 Price of a First-Class Stamp [Select] 2010 Year 2012 2014 2016 (a) Let f be the function whose rule is f(x) = cost of a first-class stamp in year x. Find f(2012) and f(2015). f(2012) = [Select] f(2015): =Price and cost ($ per 1,000-gallon unit) Return t A municipal water utility employs quasi-fixed capital inputs-the water treatment plant and distribution lines to homes-to supply water to 20,000 households in the community it serves. The figure below shows the cost structure of this utility for various levels of water service. Quantity of water consumption is measured in 1,000-gallon units per month. AQFC is the average quasi-fixed cost curve, and LAC is long-run average cost. Long-run marginal cost, LMC, is constant and equal to $4 per 1,000-gallon unit. The inverse demand equation is P= 24 -0.0004Qd 10 14 MR Quantity (1,000-gallon units per month) Quasi-fixed capital inputs cost per month is $ LAC AQFC LMC D(a) In the implicit function exy² + x² = 1, y is a function of x. Find an explicit formula for y' and evaluate it at (x, y) = (0,0).