Question

1. What is the slope of 〖y=4x〗^0.5+10x^(2 ) when x=16? 2. What is the slope of...

1. What is the slope of 〖y=4x〗^0.5+10x^(2 ) when x=16?

2. What is the slope of y=〖100-6x〗^0.5 when x=6?

3. Given the demand function is q=〖(1200-2p)〗^0.5 What is the point elasticity of demand when quantity is 30? (hint: you should write p as a function of q and then take the derivative. Then use the elasticity formula.

4. Derive the TR and MR functions if q=200-0.4p. If TC=11q^3- 22q^2+30q+20 find the MC function.

5. If a firm faces TR and TC functions below at what output profit is Maximum

TR=300q-2q^2

TC=12q^3- 44q^2+60q+30

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Question 1. Relate to the following maximization problem: maximize z(x,y)=10x^0.5y^0.5  subject to the constraint 10x+5y=40. A) What...
Question 1. Relate to the following maximization problem: maximize z(x,y)=10x^0.5y^0.5  subject to the constraint 10x+5y=40. A) What is the optimal value of x? B) What is the optimal value of y? C) What is the maximized value of z(x,y)?
- Find the derivative of the following functions: (i) Y = X 3 – 8X 2...
- Find the derivative of the following functions: (i) Y = X 3 – 8X 2 + 57X + 2 (1 mark) (ii) TC = 0.04Q 3 – 0.9Q 2 + 10Q + 5 (1 mark) - The following relations describe monthly demand and supply for a computer support service catering to small business: Q d = 1,500 – 5 P Q s = -500 + 5 P Where Q is the number of business that need services and P...
For the demand curve Q=50−P, what is the own-price elasticity of demand when P=16 2/3 (that...
For the demand curve Q=50−P, what is the own-price elasticity of demand when P=16 2/3 (that is, 50/3)? Is demand elastic, inelastic, or unit elastic at that point? a) -0.5, inelastic b) -1, unit elastic c) -0.5, elastic d) 33.3, inelastic e) 33.3, elastic
1. Let profit be Π = TR – TC = (140*Q - .30*Q2) – (20*Q1.2). What...
1. Let profit be Π = TR – TC = (140*Q - .30*Q2) – (20*Q1.2). What is total revenue when profit is maximized? A. TR= 6,473.23. B. TR= 8,292.43. C. TR= 9,235.61. D. TR= 10,432.42. E. TR= 12,992.46. 2. Consider the multiplicative demand function Q = 4*P-1.2. Suppose price is reduced from 8 to 7. What is the marginal effect on quantity demanded of the one unit change, that is, what is ΔQ from the one (1) unit change in...
1. The derivative of y=e−6x+sin3xy=e−6x+sin⁡3x is ________ 2. The derivative of y=e512x+sec18xy=e512x+sec⁡18x is ________ 3. The...
1. The derivative of y=e−6x+sin3xy=e−6x+sin⁡3x is ________ 2. The derivative of y=e512x+sec18xy=e512x+sec⁡18x is ________ 3. The derivative of y=x4sin8x+8xcos20xy=x4sin⁡8x+8xcos⁡20x is _____ 4. Find the average rate of change of the function f(x)=x2−2f(x)=x2−2 over the interval [−2,3] 5. Find the derivative of the function y=37x3−23xy=37x3−23x when x=8x=8. 6. Find the derivative of the function y=6x+78x+2y=6x+78x+2 at the point (2,3)(2,3). 7. Find the derivative of the function y=4x+59x+
Your pricing team has run an A/B test and determined that when the price of your...
Your pricing team has run an A/B test and determined that when the price of your product is $300 the quantity demanded is 100 units. However, when the price is $200 quantity demanded is 150 units. Your procurement and warehousing team has also provided a best estimate of your costs. The fixed cost for rent is $1,000 / month. The variable cost to procure and ship your product is 8Q + 2Q² Answer the following questions: Write out your demand...
Gilat's utility function is given by U(x,y)=(x-2)0.5(y-8)0.5 for ? > 2 and ? > 8. The...
Gilat's utility function is given by U(x,y)=(x-2)0.5(y-8)0.5 for ? > 2 and ? > 8. The price of goods x and y are ?? =$3 and ?? =$2. When using the cheapest bundle that will yield a utility level of ? =817, how much of good x will Gilat consume? Enter a numerical value below. You may round to the second decimal if necessary.
1. Given the following functions which represent an open economy: Consumption: C=100+0.8Y Investment: I= 50 Government...
1. Given the following functions which represent an open economy: Consumption: C=100+0.8Y Investment: I= 50 Government Expenditure: G=130 Exports: X=100 Imports: M=50+0.2Y Equilibrium: Y=C+I+G+X-M a) determine the values of the equilibrium level of income, and b) determine the values of C and M at the equilibrium 2. Given the following functions: Consumption: C=50+0.8Y Investment: I= 750 -30r Money supply: Ms=4000 Transaction-Precautionary demand for money: L1=100 Speculative demand for money: L2=3825-20r Determine the values of the national income (Y), and interest...
suppose r(x) = 50x-0.5x^2 and c(x) = 10x+3 are the total revenue and total cost functions...
suppose r(x) = 50x-0.5x^2 and c(x) = 10x+3 are the total revenue and total cost functions respectively a)what is the profit function p(x) ? b) what is the maximum proffit? when does it occur
For the function y = 4sin(π/4x - π/2) -3 list when the average rate of change...
For the function y = 4sin(π/4x - π/2) -3 list when the average rate of change is positive, negative, and zero, considering the beginning of the interval to be x = 4.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT