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Suppose the revenue from producing

A firm is currently producing in the elastic portion of its demand curve. What course of action do you recommend for it assuming
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2. asked by Ami
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Suppose the revenue from producing (and selling) x units of product is given by R(x)=7x-0.01x^2 dollars.A)find the marginal
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2. asked by Anonymous
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Suppose the revenue from producing and selling x units of a given product is given by R(x)=10x-0.02x^2a) Find the number of
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2. asked by Casey
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A company producing steel construction bars uses the function R(x) = -0.06x²+10.2x -50 to model the unit revenue in dollars for
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2. asked by Rebecca
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Suppose that a firm in a perfectly competitive industry finds that at its current output rate, marginal revenue exceeds the
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2. asked by APL
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Suppose that the marginal revenue for a product is given by the following, where x is the number of units and revenue is in
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2. asked by Preet
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Suppose the marginal revenue (in dollars) from the sale of x jet planes is R'(x)=2x(x^2+50)^2A. Find the total revenue function
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2. asked by David
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Suppose the total cost in dollars per week by Capital Corporation for producing its best-selling product is given by 𝐶(𝑥)
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2. asked by Anonymous
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Suppose the cost of producing x items is given by C(x)=1000-x^3, and the revenue made on the sale of x-items is R(x)=100x-10x^2.
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2. asked by Mike
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When a firm is producing at the level of output that maximizes profit, which of the following is true?(1 point) Responses:
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2. asked by Cindy Loo Who
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