Nyameye Company Limited is a new business established to produce blocks (in units). The demand function for blocks is given as 4Q = 35 -0.5P. It has been estimated that the total fixed cost is GH¢80 and average variable cost function is 3Q -51 + 320, where Q is number of blocks produced and P is the price per block (in GHe). Given this information, what is the total profit at the profit maximizing level of output, and what is the best pricing policy option?

Q: The relationship between labor (L) and output (Q) is given via the following equation: Q= 6L^2 -…

A: Using double derivative test to vet maximum range for maximum output

Q: What is the price that will maximize total revenue, given the demand function P= 2.6 e 0.04Q? O A.…

A: The objective is to find the price that maximizes the total revenue.

Q: c

A: ### Part (a)Given: V = R^2, u = (2, 6), and W = { (x, y) | y = 4x }.A basis for W can be v = (1, 4).…

Q: If the supply function for a commodity is p=q^2 +8q +16 and the demand function is p = -9q +6q +…

A:

Q: If sales price and the unit variable cost remain constant and fixed costs decrease, contribution…

A:

Q: 6. The cost function for a paper towel plant is C(x) = 160x +750,000. %3D a. What are the fixed…

A: The cost function for a paper towel plant is  C(x) = 160x + 750000

Q: If, in a monopoly market, the demand function for a product is  p = 170 − 0.80x  and the revenue…

A:

Q: Suppose that the demand function for a product is given by the formulap = 2000 – 5q dollars, where q…

A: Here demand function is given need to find maximize revenue and at what value

Q: A demand function is modeled by a X = where a is a constant and m > 1. Show that n = -m. In other…

A:

Q: Suppose a company has fixed costs of $37,400 and variable cost per unit of x + 444 dollars, where x…

A: Here we are given fixed cost of the company(F.C)=$37400 and Variable cost per unit =$(4x9+444) where…

Q: If the total cost equation is C = Q^2 + 200 and the demand equation is P = 300 – 0.5Q Question: a.…

A: Given Total cost function and Demand function. We are going to solve for maximum profit and…

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 the demand functions facing a wireless telephone monopolist are Q£ = 80 – 200P for each…

A: Solution Given that

Q: The demand function for the product manufactured by a monopolist is p = 22 − 0.16q. The total cost…

A:

Q: Nanyang Eatery is located in a residential district and it is contemplating extending its…

A: Given: The table shows  Nanyang Eatery’s marginal cost of staying open later than 9pm  and also the…

Q: The RideEm Bicycles factory can produce 170 bicycles in a day at a total cost of $10,400. It can…

A: Given that, The RideEm Bicycles factory can produce 170 bicycles in a day at a total cost of…

Q: The latest demand equation for your gaming website is given by p = 4 +3 where q is the number of…

A: Given the demand equation p=-q400+3, where q is the number of users who log-on per month and p is…

Q: Explain, why the graph of the total cost function is always above the x-axis and, can never move…

A:

Q: What is the marginal weekly cost at production level 142 sleeping bags per week? What is the average…

A: Given: x (sleeping bags) p ($) C ($) 95 240 13000 120 235 14300 180 155 18500 220 50…

Q: A toy company is trying to determine the optimal price for their weekly supply to meet the demand…

A: The objective of this question is to determine whether there will be a shortage or surplus of toys…

Q: If the supply function for a commodity is p=q^2+8q+16 and the demand function is p = -9q +6q + 426,…

A: