in Q. A firm price of 501: If the Total cast is given by perfect competition sells its products at the TTC = 3Q² +2Q+5. level of output will will be the level of profit at What What Devive the Consumer Curve approach. demand the function maximize this firm's, that using putput level. the indifference prpfit. Q₂. The Total Cost equation in the production of bacon has hypothetical factor a 2 A C= "TC 1000+ 159" +03 ; Where ç. Kash, Bacao - metric bone Compute and 11" tonnes the and average cost at output level of 10. Stretch theme marginal cost of the the shope Carve an the production average, Cost arve 12 tonnes and explain, the relationship between Marginal Cost product es tamen op d Galaxy A71 01 Curve in

A company determines that its weekly profit from manufacturing and selling x units of a certain item is given by Px=-x3+3x2+2880x-500. Use a graphing utility to find the weekly production rate that will maximize the profit.

If you graph a revenue and cost function, explain how to determine in what regions there is profit.

Please provide in clear and complete step-by-step solutions in scanned handwriting or computerized output

Refer to the production possibilities curves for Chairland and Tableland. Chairland can produce 36 chairs per day and no tables, or 18 tables table per day and no chairs. Tableland can produce 40 chairs per day and no tables, or 40 tables per day and no chairs. If the two countries split the difference between the​ buyer's willingness to pay for tables and the​ seller's willingness to​ accept, in terms of the number of chairs for 1​ table, the terms of trade will be . (Enter your response rounded to one decimal​ place.) Country  Quantity per day Opportunity cost of chairs  Opportuity cost of tables Tableland 40 chairs, 40 tables 1 table 1 chair Chairland 36 chairs, 18 tables 1/2 table  2 chairs

Giant purchases bone-in short ribs for $3/lb. and boneless short ribs for $4/lb. Let p denote the price at which they sell bone-in short ribs and q the price at which they sell boneless short ribs. Suppose 2000 -150p +100q pounds of bone- in short rib are sold and 1000 + 180p -120q pounds of boneless short rib are sold. Determine the prices that Giant should set to maximize profit.

A widget-making machine costs $1250. The cost for the materials is $300 per widget. Market analysis indicates that if the company wants to sell x widgets each day, then the price should be set at $(600 – 10x) per widget. • Set up the cost function, revenue function, and profit function depending on the number of widgets r produced and sold each day. • What are the "break even" points (where profit equals zero)? • How many widgets should be produced and sold to maximize profit each day? What is the maximum profit each day?

The total revenue function for a product is given by R = 540x dollars, and the total cost function for this same product is given by C = 13,500+ 60x + x², where C is measured in dollars. For both functions, the input x is the number of units produced and sold. a. Form the profit function for this product from the two given functions. b. What is the profit when 24 units are produced and sold? c. What is the profit when 38 units are produced and sold? d. How many units must be sold to break even on this product? (・・・))) a. Write the profit function. P(x) = (Simplify your answer.) b. When 24 units are produced and sold, there is a of $. (Simplify your answer.) c. When 38 units are produced and sold, there is of $. a (Simplify your answer.) d. The number of units that must be sold to break even on this product is. (Simplify your answer. Use a comma to separate answers as needed.)

A firm manufactures and markets a product that sells for Birr 20 per unit. Fixed costs associated with activity total Birr 40000 a month,while variable cost per unit is Birr 10.a maximum of 10000 units can be produced and sold. A,drive TR,TC and total profit functions.

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