Question: A company produces computers. The demand equation for this computer is given by p(q) = -5q+6500. If the company has fixed costs of $4000

A company produces computers. The demand equation for this computer is given

A company produces computers. The demand equation for this computer is given by p(q) = -5q+6500. If the company has fixed costs of $4000 in a given month, and the variable costs are $530 per computer, how many computers are necessary for marginal revenue to be $0. per item? The number of computers is (Make sure to round to nearest integer. If more than one answer, separate by a comma)

Step by Step Solution

★★★★★

3.45 Rating (155 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

To find the number of computers necessary for marginal revenue to be 0 we ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

A company is a product testing a new medical device. Each day the device is tested on 25 subjects. A QC statistician is hired to calibrate the device so it accurately detects high or low levels of a...

Assume that EasyComp, a computer company operating in a perfectly competitive market structure , produces affordable, easy-to-use home computer systems. EasyComp has fixed costs of $250. EasyComps...

Answer the following questions about break- even analysis: 1. Break- even is defined as the point at which ______________ equals ______________. 2. The contribution margin is equal to ______________...

What is environmental justice and some examples

A company produces computers. The demand equation for this computer is given by p(q) = - 5q + 6000. If the company has fixed costs of $4500 in a given month, and the variable costs are $530 per...

Your company produces computers each month. In a given month, the company has fixed costs of $144,000, and it costs an additional $475 to produce each computer. If the company sets the price to be...

Your company produces computers each month. In a given month, the company has fixed costs of $129,000, and it costs an additional $464 to produce each computer. If the company sets the price to be...

MicroeconomicsModule 2 Study Guide Notes It is recommended that your print and fill this study guide out as you work through each lesson. You will have an Assessment assignment that is due at the end...

Question 1 : [ Answer all question below using given case studies a Why do you think UPS is embracing sustainable technologies? [4 Marks] b. How is UPS developing a sustainable MIS infrastructure? [4...

Please help me asap please Your college newspaper, The Collegiate Investigator, has fixed production costs of $76 per edition and marginal printing and distribution costs of 41c per copy. The...

A steel tube having k = 46W/m C has an inside diameter of 3.0 cm and a tube wall thickness of 2 mm. A fluid flows on the inside of the tube producing a convection coefficient of 1500W/m2 Con the...

1. What are the advantages and limitations of using Ca 2+ mobilisation assay and cAMP assay to measure the effects of agonists or inhibitors? 2. What are the advantages and limitations of using a...

* * * PLEASE use Excel or show calculations. Question: To be adequately capitalized, what are the bank s CET 1 , Tier I, Tier II , and total risk based capital requirements under Basel III? A bank's...

Set up the appropriate form of a particular solution y, but do not determine the valcys of the coefficients. y6) + yl@) = cos(r) + 2r 5 %3D Ar + Bx2 + Cx+ Dxcos(r) + Frsin(r) Ar? + Br+ C+ Dcos(x) +...

the dimensions are a = 6 mm and b = 8 mm . Given that: dA for Ix is = 6*(sqrt(y/8)-y/8)dy dA for Iy is = 8/6*(1-(x/6))xdx After computing further, we get: Ix=110m^(4), Iy=86.4m^(4) Find the polar...

In 1859, 24 rabbits were released into the wild in Australia, where they had no natural predators. Their population grew exponentially, doubling every 6 months. (a) Determine P(t), the function that...

In 1859, Thomas Austin put out 24 wild rabbits on his ranch Barwon Park in Australia. He had gotten them from England and these were the first rabbits in Australia. "The introdcution of a few rabbits...

Core, Holthausen, and Larkers research found:Group of answer choicesAn inverse relationship between CEO compensation and the percentage of outside directors on the boardAn inverse relationship...

Explain why depreciation is a nonrelevant cost.

Kraft Bakeries introduced in 2010 a new line of frozen apple pie. For 2010, sales by quarter were as follows: 11,000 units; 16,000 units; 15,000 units; and 20,000 units. Because of aggressive...

What is activity-based costing, and how can it improve an organizations costing system?

Identify the resellers in your distribution channel. Discuss the role that trade sales promotions to these resellers could play in the development of your promotional plan.

Do you believe that all businesses should go green? Why or why not?

Arrange an interview (in person or by phone) with the manager of a retail shop in a mall or in the downtown area of your community. Explain to the manager that you are a student studying...