Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 15, 2024

Given cost and price (demand) functions c(q)=100q+45,900 and p(q)=-2.6q+800, what price should the company set to earn $55,000 in revenue

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

The Spectrum Of Hyperbolic Surfaces

Authors: Nicolas Bergeron

1st Edition

3319276662, 9783319276663

More Books

Students also viewed these Mathematics questions

Question

★★★★★

The Moller Skycar M400 is a flying car known as a personal air vehicle (PAV) that is expected to be FAA-certified by December 31, 2011. The cost is $985,000, and a $100,000 deposit will hold one of...

Answered: 1 week ago

Question

★★★★★

What is the shortest route between Rice and Dixieville if the road between Hope and Georgetown is improved and the distance is reduce to 4 miles? Lake City 4. Athens 10 Miles 5 Miles own12 Miles 7...

Answered: 1 week ago

Question

★★★★★

For the tandem queue model verify that Pn,m = (/1) n(1 /1)(/2) m(1 /2) satisfies the balance Equation (8.15).

Answered: 1 week ago

Question

★★★★★

Marine Components produces parts for airplanes and ships. The parts are produced to specification by their customers, who pay either a fixed price (the price does not depend directly on the cost of...

Answered: 1 week ago

Question

★★★★★

Project L requires an initial outlay at t = 0 of $ 4 5 , 0 0 0 , its expected cash inflows are $ 1 2 , 0 0 0 per year for 9 years, and its WACC is 1 4 % . What is the project's NPV ? Do not round...

Answered: 1 week ago

Question

★★★★★

The National Environmental Policy Act (NEPA) is the founding document of environmental protection in the United States.Why?

Answered: 1 week ago

Question

★★★★★

Q-2) In order to comment on whether the design specifications are being matched or not, perform relevant hypothesis tests and calculate the p-value for each. What will you conclude? Assume you are...

Answered: 1 week ago

Question

★★★★★

A Cancer Testing Center has been presented with a proposal to offer a new diagnostic procedure that would require the purchase of a specialized piece of equipment.This piece of equipment offers...

Answered: 1 week ago

Question

★★★★★

For the dependent variable Y and the independent variables X1 and X2, the linear regression model is given by: Y=0.08059*X1-0.16109*X2+5.26570. Complete the following table: Actual Y X1 X2 Predicted...

Answered: 1 week ago

Question

★★★★★

For the beam and loading shown, use discontinuity functions to compute: (a) the deflection VA of the beam at A, and (b) the deflection Vmidspan of the beam at midspan (i.e., x = 2.7 m). Assume a...

Answered: 1 week ago

Question

★★★★★

Which of the following is NOT an external trend that affects the use of mobile marketing? Multiple Choice People use mobile devices multiple times a day. Smartphone and tablets are not as popular as...

Answered: 1 week ago

Question

★★★★★

Complete (by hand) the following Hypothesis Tests: 12. The mean speeds of fastball pitches from two different baseball pitchers are to be compared. A sample of 14 fastball pitches is measured from...

Answered: 1 week ago

Question

★★★★★

Be relaxed at the hips

Answered: 1 week ago

Question

★★★★★

Do not take criticism personally, even if it is meant to be personal.

Answered: 1 week ago

Question

★★★★★

2. To understand that as a general rule it takes about 3 minutes before the other part(s) have made up a 90% impression of you.

Answered: 1 week ago

Previous Question Next Question