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The revenue and cost equation
revenue from ticket sales: 4x(x+6)
cost of band: 5x(x-4) profit: 160 (given in thousands, use 160) 1.the equation to determine
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keyy
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total revenue equation TR = 5000Q – 5Q2 and total cost equation C = 500 + 3Q2 Calculate this firm’s profit maximizing price,
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Jhon
814 views
Business and Economics: For a business to make a profit it is clear that revenue R must be greater than cost C; in short, a
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momin
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A company builds bicycles. Their fixed cost is 300,000 and it costs $500 to make each bicycle(labor,materials,etc.)
A)What is the
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Anonymous please help :)
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A company knows that unit cost C and unit revenue R from the production and sale of x units are related by R^2/236000+5507 .
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theo
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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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asked by
Cindy Loo Who
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Yeah, so I'm in urgent need of help with this homework.
1. Assume that in a perfectly competitive market, a firm's costs and
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Jon
723 views
When a firm is producing at the level of output that maximizes profit, which of the following true? (1 point)
A.• Marginal cost
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When a firm is producing at the level of output that maximizes profit, which of the following is true?
a. Marginal revenue is
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212 views
What is marginal cost?
the cost of producing one more unit of a good total revenue plus total cost total revenue minus total cost
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