If the price in dollars of a stereo system is given by p(q) = 20. What is the formula for the revenue function? O A. R(q) = Р q OB. R(q) =p'q O c. R(q) = pq O D. R(q) =p'p The marginal revenue for the given demand is $ 3600 + 1000, where q represents the demand for the product, find the marginal revenue when the demand is

Q: if the profit is n = - 0.2Q3 + 4Q2 + 150Q -100, what is the marginal profit when q=30

A: We know that marginal profit function is the derivative of the profit function. We have the profit…

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: 1.  Suppose that the equation r = 432q – 3q2 gives the total revenue r (in dollars) that a…

A: According to the Bartleby guidelines, the first question only can be answered as multiple questions…

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A: "Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: The profit P from selling x units of a product is given by P= 375x -1.5x. Find the marginal profit…

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Q: The Total Cost of producing Things is given by: TC(q)=0.006q3-0.42q2+16q+43 dollars where q is the…

A: The given total cost is: TC(q)=0.006q3-0.42q2+16q+43 where q is the number of things.

Q: The price of a certain item is given by the equation p= 240 – 0.05x where x is the number of items…

A: Solution

Q: If the profit is I = -0.2Q3 + 4Q² + 150Q – 100, what is the marginal profit when Q 10? %3D

A: Marginal profit is derivative of profit function .Suppose Px is the profit then P'(x) represent the…

Q: The total revenue curve of a firm is R(q) = 40q − 12q2  and itsaverage cost A(q) = 1/30 q2 − 12.85q…

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Q: 3. The price, p, in dollars and the demand x for a particular frying pan are related by the function…

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Q: An individuals utility function is given by U = 900x₁ + 500x2 + 6x₁x2 − x² – x²/2, when the weekly…

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Q: 0.3x The marginal cost function of a firm is given by MC = 300e~^ +70 when x is quantity produced.…

A: