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Questions (11)
In a survey of adults throughout the caribbean 75% strongly support Caribbean integration. You randomly select 24 adults,
0 answers
397 views
A ball bearing assembly firm wants to set up an assembly line which must have an output of 60 units per hour. The work elements
0 answers
573 views
What are the advantages and disadvantages of reverse engineering
1 answer
810 views
I have an exam in two days. I need an explanation to this question please.
MC = 10+5Q derive an equation for total cost
2 answers
894 views
The cost function for a firm is given by TC = 500 + Q2. The firm sells output in a
perfectly competitive market and other firms
0 answers
695 views
In a perfect competitive market, industry demand is P = 850 – 2Q, and industry supply is P = 250 + 4Q (supply is the sum of
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529 views
Entry of new airlines to the CARICOM region is severely restricted and as a consequence regional airlines charges higher
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510 views
A manufacturing firm produces output using a single plant. The relevant cost function is TC=45,000+8Q squared and the demand
0 answers
567 views
Call Us demand function is Q=410-P and MC=10+5Q. Given that TFC=$0
a)derive an equation for TC b)calculate the profit maximizing
2 answers
564 views
The manager of caribbean glass company estimates that total revenue from the sale of her firm's product is given by the equation
2 answers
607 views
CCM television station is considering selling promotional videos produced by Firm A or Firm B. Firm A will charge the station a
2 answers
529 views
Answers (4)
Speed of radio waves is approximately 300,000km. Divide 350km/300,000km =0.0011666666666667s
The're 100% correct! Thanks @ineedalife!
Equating MR=MC and solving for Q is this the answer? part b to the question says to calculate the total revenue at the profit maximizing level. I'm not sure how to do this
Can you elaborate some more on these answers. What do i do with the other information in the question. What do i do about the demand function. I'm unclear how you arrived at this;First, I like to rewrite the demand function as P=f(Q). So, P= 4 - Q/200.
