Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 23, 2024

C = 0.05q2 - 2q +15 + 80/q and sells it according to the demand function q = 100 - 2P, where P is the

C = 0.05q2 - 2q +15 + 80/q and sells it according to the demand function q = 100 - 2P, where P is the price of X. What is Firm A's profit when it produces and sells q = 40 units of X?

1) -430

2) -562

3) 1050

4) 520

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

Financial Accounting

Authors: Jan Williams, Mark Bettner, Joseph Carcello

18th Edition

1260247945, 9781260247947

More Books

Students also viewed these Economics questions

Question

★★★★★

1. How has the foreclosure crisis and collapse in home values in the last decade affected your thinking about buying a home someday? 2. What do you see as the advantages and the disadvantages for you...

Answered: 1 week ago

Question

★★★★★

From the following T accounts of Brian?s Cleaning Service, (a) Foot and determine ending balances, (b) Prepare a trial balance in proper form for October 201X. Cash 111 Accounts Payable 211 Cleaning...

Answered: 1 week ago

Question

★★★★★

6.12 A normal random variable x has mean = 10 and standard deviation = 2. Find the probabilities of these X-values: a. X> 13.5 b. X Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★

At December 31, 2012, before any year-end adjustments, the Accounts Receivable balance of Stenners Electronics is $180,000. The Allowance for Doubtful Accounts has an $11,600 credit balance. Stenners...

Answered: 1 week ago

Question

★★★★★

Create an instance of the EmployeeInfo class called my _ employee. Then, assign my _ employee's attributes age and max _ hours with the two values read from input, respectively.

Answered: 1 week ago

Question

★★★★★

On Monday, Mariah, age 16, becomes sick at school and calls her mom, Michelle. Michelle takes Mariah to see Dr. Hart, who diagnoses Mariah with the flu. Dr. Hart prescribes medication and tells...

Answered: 1 week ago

Question

★★★★★

Q3 Question #3 The manager of the Midtown hotel is in the process of redesigning the company's reservation system. The hotel has 300 rooms divided into 200 regular double-bed rooms and 100 luxury...

Answered: 1 week ago

Question

★★★★★

Not: There is no scenario for this assignment. Question: Sports events are an important social phenomenon. Identify the relationships between, and the roles played by, the various participants of a...

Answered: 1 week ago

Question

★★★★★

Which of the following concepts is not part of Java's object-oriented programming principles? Option A: Encapsulation Option B: Inheritance Option C: Polymorphism Option D: Multiple inheritance using...

Answered: 1 week ago

Question

★★★★★

An automaker entered the marketplace with a car to compete with two other brands already in that market. In the first month after introduction, the new entry got 355 sales of a random sample of 1000...

Answered: 1 week ago

Question

★★★★★

How to find if any no. is divisble by 4 or not ?

Answered: 1 week ago

Question

★★★★★

Since Bendi Corp. does not have significant influence over Kala Corp., and the investment is not held for trading, it would likely be classified as an available-for-sale investment. Changes in the...

Answered: 1 week ago

Question

★★★★★

3. How can we use information and communication to generate trust?

Answered: 1 week ago

Question

★★★★★

4. How can we use information and communication to influence other people?

Answered: 1 week ago

Question

★★★★★

2. Why do we have more confidence in what one person tells us than in what another person tells us?

Answered: 1 week ago

Previous Question Next Question