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Can you help me with these questions related to the figure I provided? General Model of Price Choice by Prot Maximizing Decision Makes? 0 Q

Can you help me with these questions related to the figure I provided?

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General Model of Price Choice by Prot Maximizing Decision Makes? 0 Q is quantity 0 P is price I C is cost O R is revenue 0 Z is profit 0 a and b are intercept and slope of the demand equation 0 e and f are intercept and slope of the cost equation Equation 1) Q = a + QB a > O, b 0, f> 0; Cost equation Equation 3) R = P x Q Revenue equation Equation 4) Z = R C Profit equation r Linear program in standard algebraic form maximizing revenue (R) by choice of two Lb beverages that can be produced (PF, SS) subject to three constraints (corn, sugar, machinery) . max R = 8*PF + 6*38 subject to: 0 corn constraint: 5*PF + 3*SS :1 300 0 sugar constraint: 4*PF + 2*33 5 200 I machinery constrainti 1*PF + 3*33 5 100 0 non-negativity constraints: PF 2 0, SS 2 0 Figure of a production possibilities frontier between two outputs with three points marked. Output 2 B Production Possibilities Frontier A C Output 1Table. Model of profits with price as choice variable. Choice Variables Price 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 Equation Parameters Cost equation intercept 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cost equation slope 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Demand equation intercept 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 Demand equation slope -5.00 -5.00 -5.00 -5.00 -5.00 -5.00 -5.00 -5.00 -5.00 -5.00 Consequence Variables Quantity 50.00 45.00 40.00 35.00 30.00 25.00 20.00 15.00 10.00 5.00 Revenue 0.00 45.00 80.00 105.00 120.00 125.00 120.00 105.00 80.00 45.00 Total Costs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Objective Variables Profit 0.00 45.00 80.00 105.00 120.00 125.00 120.00 105.00 80.00 45.00

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