Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 19, 2024

1.The marginal revenue function for a product is MR=44-5x.the marginal Kos is MC=3x+20, and the cost pf producing 80 unit is RM11400 a) Find the

1.The marginal revenue function for a product is MR=44-5x.the marginal Kos is MC=3x+20, and the cost pf producing 80 unit is RM11400

a) Find the profit function

b)Calculate the profit or loss from selling 100 units.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foundations of Finance The Logic and Practice of Financial Management

Authors: Arthur J. Keown, John D. Martin, J. William Petty

8th edition

132994879, 978-0132994873

More Books

Students also viewed these Finance questions

Question

Toyota Motor Corporation Trial Balance as at 31 December 2025 Debit ($) Credit ($) Cash 45,000 Accounts Receivable 55,000 Inventory 65,000 Machinery 300,000 Accumulated Depreciation - Machinery...

Answered: 1 week ago

Question

A parenting magazine reports that the average amount of wireless data used by teenagers each month is 5Gb. For her science fair project, Ella sets out to prove the magazine wrong. She claims that the...

Answered: 1 week ago

Question

todas las organizaciones benficas 501(c)(3) quepresentan el formulario 990 deben incluir cul de los siguientesanexos? horario C, horario G, horario M o horario O. 1 answer

Answered: 1 week ago

Question

Accounting for Contingencies and Provisions In accounting, contingencies and provisions play a crucial role in preparing financial statements and ensuring accurate representation of a company's...

Answered: 1 week ago

Question

★★★★★

"Restructuring" is a popular management technique used in business today. Discuss why "restructuring" is used, does "restructuring" work, and how does "restructuring" impact employee empowerment

Answered: 1 week ago

Question

★★★★★

Correct the definition of the italicized term without reference to the text, if correction is needed, so that it is in a from acceptable for publication. A field F is a ring with nonzero unity such...

Answered: 1 week ago

Question

★★★★★

Use the large sample confidence interval formula to compute a (a) 95% lower bound confidence interval for ???? when ???? = 350 and ???? = 0.46. (b) 99% lower bound confidence interval for ???? when...

Answered: 1 week ago

Question

★★★★★

Elizabeth Pie Company has been in business for 50 years and has developed a large group of loyal restaurant customers. Giant Bakery Inc. has made an offer to buy Elizabeth Pie Company for $5,000,000....

Answered: 1 week ago

Question

★★★★★

Solve the system using elimination. X = y = -6x - 3y -gy -7x = = -9 6 Solve the system using elimination. {6x3y7x9y=9=6

Answered: 1 week ago

Question

★★★★★

Exercise 12-7 Sell or Process Further Decisions LO12-7] Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off...

Answered: 1 week ago

Question

★★★★★

A carpet cleaning firm uses an average of 20 gallons of cleaning fluid a day. Usage tends to be normally distributed with a standard deviation of 2 gallons per day. Lead time is 4 days, and the...

Answered: 1 week ago

Question

★★★★★

For the data in Table 12.1, confirm that the Pearson statistic in equation (12.3) is 41.98 . Table 12.1 (12.3) Count Observed (j) (nj) Fitted Counts Using the Poisson Distribution (np;) 01234 6,996...

Answered: 1 week ago

Question

★★★★★

If demand for an item is 10 per month, the cost of placing an order is $$15$, and the cost of holding one item in inventory for 1 year is $$25$, what is the EOQ?

Answered: 1 week ago

Question

★★★★★

Calculate the power delivered by the turbine per unit mass of airflow when the heat transfer in the heat exchanger is zero. Then, how does the power depend on the heat transfer through the exchanger...

Answered: 1 week ago

Question

★★★★★

Using the information in the following table, calculate the marginal revenue product (MRP = MPP MR). Unit of Resources Total Resource Output Price Price 1 10 $5 $10 2 25 $5 $10 345 35 $5 $10 40 $5...

Answered: 1 week ago

Question

★★★★★

REQUIREMENTS 1) Compute taxable income (loss) for 2017 and 2018. ( 6 points) 2) Prepare journal entries to record 2017 and 2018 tax expense (benefit). REQUIRED Jones Co. began operations on January...

Answered: 1 week ago

Question

★★★★★

Smiths Family Fashions implemented a balanced scorecard performance measurement system several years ago. Smiths is a locally owned clothing retailer with fashions for men, women, teens, and...

Answered: 1 week ago

Question

★★★★★

5.6 Pick the incorrect statement Which of the following statements is not correct, and why? a. If the number of male and female employees at a call center is equal, then the probability that a call...

Answered: 1 week ago

Question

★★★★★

Stock market randomness Based on the previous exercise and what you have learned in this and the previous chapter (for example, Exercise 5.12), if you are a serious investor, explain why you should...

Answered: 1 week ago

Question

★★★★★

6.86 Longest streak made In basketball, when the probability of making a free throw is 0.50 and successive shots are independent, the probability distribution of the longest streak of shots made has...

Answered: 1 week ago

Previous Question Next Question