The marginal cost for a product is given by dC/dq = 1000/sqrt3q+20, in hundreds of dollars, where q is given in thousands of units. Determine the cost in dollars involved in increasing product from 10 to 15 thousand units. If

R(0)= C(0)= 0, the marginal revenue is given by dR/dq =30(2-0.1q) and the surplus equation given by Ps(q)= 10 + 18.5q, determine the consumers’ surplus if the unit price is equal to the market value when in equilibrium.

Similar Questions
    1. answers icon 0 answers
  1. The monthly demand function for a product sold by a monopoly isp = 3750 − 1/3x^2 dollars, and the average cost is C = 1000 +
    1. answers icon 0 answers
  2. The monthly demand function for a product sold by a monopoly isp = 3750 − 1/3x^2 dollars, and the average cost is C = 1000 +
    1. answers icon 0 answers
  3. The monthly demand function for a product sold by a monopoly isp = 3750 − 1/3x^2 dollars, and the average cost is C = 1000 +
    1. answers icon 3 answers
more similar questions