Mathematics for Elementary Teachers with Activities (5th Edition)
5th Edition
ISBN: 9780134392790
Author: Beckmann, Sybilla
Publisher: PEARSON
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Chapter 5.1, Problem 3P
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The only problems I need help with ae the last 8 ones, Thanks
Price (S)
The graph below depicts a firm with market power. In the graph, MC represents the firm's marginal costs, ATC represents the average total costs, D represents demand, and MR represents marginal revenue.
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MC
ATC
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MR
a. At 60 units of output, how much would this profit-maximizing monopolist charge?
b. How many units would it produce to maximize total revenue rather than total profit?
c. What is the maximum quantity this firm can produce without incurring economic losses?
d. Calculate the firm's profit at the profit-maximizing output and price.
e. Why is this firm's marginal revenue curve below its demand curve? Explain.
A well-known company predominantly makes flat pack furniture for students. Variability with the automated machinery means the wood components are cut with a standard deviation in length of 0.45 mm. After they are cut the components are measured. If their length is more than 1.2 mm from the required length, the components are rejected.
a) Calculate the percentage of components that get rejected.
b) In a manufacturing run of 1000 units, how many are expected to be rejected?
c) The company wishes to install more accurate equipment in order to reduce the rejection rate by one-half, using the same ±1.2mm rejection criterion. Calculate the maximum acceptable standard deviation of the new process.
Chapter 5 Solutions
Mathematics for Elementary Teachers with Activities (5th Edition)
Ch. 5.1 - a. Anita had 12 of a bag of fertilizer left. She...Ch. 5.1 - a. Discuss the meaning of 12.14.Include a simple...Ch. 5.1 - Paul used 34 cup of butter in the batch of...Ch. 5.1 - Which of the following are word problems for...Ch. 5.1 - Which of the following are word problems of 34.5=?...Ch. 5.1 - Consider this word problem about baking brownies:...Ch. 5.1 - Explain why it would be easy to interpret the...Ch. 5.1 - Write a word problem for 13.14=? Use the...Ch. 5.1 - Write a word problem for 2.35=? Use the definition...Ch. 5.1 - Write a word problem for 23.5=? Use the definition...
Ch. 5.1 - Write a simple word problem for 23.45=? Use your...Ch. 5.1 - One serving of Gooey Gushers provides 12% of the...Ch. 5.1 - a. Write a word problem for 212.312=? b. Use math...Ch. 5.1 - Manda says that 323.215.=3.2+25.15 Explain why...Ch. 5.1 - a. Write an expression that uses both...Ch. 5.1 - a. Write an expression that uses both...Ch. 5.1 - To understand fraction multiplication thoroughly,...Ch. 5.1 - To understand fraction multiplication thoroughly...Ch. 5.1 - The liquid in a car’s radiator is 75% water and...Ch. 5.1 - * You are holding a yellow flask and a read flask....Ch. 5.1 - Discuss why we must develop an understanding of...Ch. 5.1 - Explain in your own words why multiplication means...Ch. 5.2 - Write and solve your own word problem for...Ch. 5.2 - Write a word problem for 1.32.79. Solve your...Ch. 5.2 - Leah is working on the multiplication problem...Ch. 5.2 - Run used a calculator to determine that...Ch. 5.2 - When we multiply 0.483.9, we first multiply as if...Ch. 5.2 - Suppose you multiply a decimal that has 2 digits...Ch. 5.2 - Suppose you multiply a decimal that has M digits...Ch. 5.2 - Explain how to write 1.89 and 3.57 as improper...Ch. 5.2 - A Shampoo Problem: A bottle contains 25.4 fluid...Ch. 5.2 - Determine the area of the rectangle in Figure 5.12...Ch. 5.2 - Determine the area of a 1.7-until-by-3.1-unit...Ch. 5.3 - Explain the following in your own words. Explain...Ch. 5.3 - For each of the following cases, either explain...Ch. 5.3 - For each of the following cases, either explain...Ch. 5.4 - Write the following numbers as powers of 10:...Ch. 5.4 - a. The winnings of a lottery were $250 million....Ch. 5.4 - Write the following numbers in scientific...Ch. 5.4 - Prob. 4PCh. 5.4 - Tanya says that the one digit of 259 is a 5...Ch. 5.4 - Is 2107 equal to 27? Is 1109 equal to 19? If not,...Ch. 5.4 - Calculate 8123,456,123,456 using a calculator....Ch. 5.4 - Let’s say that you want to write the product...Ch. 5.4 - Light travels at a speed of about 300,000...Ch. 5.4 - According to scientific theories, the solar system...Ch. 5.4 - Suppose that a laboratory has 1 gram of a...Ch. 5.4 - Suppose you multiply a 6-digit number by an...
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