Given the cost function C(x) 1800 – 700x and the demand function p(a) 150 80x- 35x2, the marginal revenue function is: O R = 150 160x - 105x2 dR 150x - 35x3 d R = 1650 – 700x2-35x3 O dR = 1800æ – 700x2 %3D

Q: Given the marginal revenue function MR: -x3 + 2x2 + 4x – 1. Find the revenue function.

A: Given, marginal revenue function:                                MR=-x3+2x2+4x-1

Q: Cost, revenue, and profit are in dollars and x is the number of units. If the marginal cost for a…

A: marginal cost is the derivative of the cost function at some point. So the inverse will be the cost…

Q: Determine the following for the scenario: Suppose that for a certain company, the price-demand…

A:

Q: The marginal revenue of a firm is given by the following equation: MR(Q) = 6 + 20Q + 14Q2 Where Q…

A: Use the standard formula relating marginal revenue and total revenue TR=∫MR dQ TR=∫6+20Q+14Q2…

Q: Eyeglasslux is a single-price monopolist in the eye-glass frame market. It faces a Market demand…

A: The profit is maximized where the MR = MC.The monopoly has market power and thus, firm in monopoly…

Q: The price-demand equation and the cost function for the production of a certain product ar r = 6940…

A:

Q: The marginal cost of producing the xth box of DVDs is 13 + X² 140,000 and the fixed cost is…

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Q: A cookie company can produce 500 cases of chocolate chip cookies a week at a total cost of $3,000…

A: Given that : A cookie company can produce 500 cases of chocolate chip cookies a week at a total cost…

Q: suppose a company has fixed costs of 31,200$ and variable cost per unit of 1/3x +222 where x is…

A:

Q: Find the total cost of producing x items if fixed costs are $500 and marginal cost is 6x MC= 10+ x2…

A: We know that marginal cost function is the derivative of the total cost function, so the total cost…

Q: Suppose that the marginal cost to produce backpacks at a production level of x backpacks is 5x4 +…

A: Find the cost function