For each of the following demand functions, find (a) E, and (b) Values of q (if any)
Question:
For each of the following demand functions, find
(a) E, and
(b) Values of q (if any) at which total revenue is maximized.
p = 400e-0.2q
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
p 400e 02q In order to find the derivative dqdp we ...View the full answer
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
For each of the following functions f: R R, determine whether f is invertible, and, if so, determine f-1. (a) f = {(x, y)|2x + 3y = 7} (b) f = {(x, y)\ax + by = c,b f 0} (c) f = {(x,y)\y =x3} (d) f...
-
For each of the following functions on R to R, find points of relative extrema, the intervals on which the function is increasing, and those on which it is decreasing: (a) f(x) := x2 - 3x + 5. (b)...
-
For each of the following functions /: Z -> Z, determine whether the function is one-to-one and whether it is onto. If the function is not onto, determine the range /(Z). (a) f{x) = x + 7 (b) fix) =...
-
Lombard Ltd has been offered a contract for which there is available production capacity. The contract is for 20,000 identical items, manufactured by an intricate assembly operation, to be produced...
-
Tree Company is considering an investment that requires an outlay of $ 240,000 and promises an after- tax cash inflow one year from now of $ 277,200. The companys cost of capital is 10 percent....
-
Consider the following position functions r and R for two objects. a. Find the interval [c, d] over which the R trajectory is the same as the r trajectory over [a, b]. b. Find the velocity for both...
-
Harold, a board member of a Fortune 500 corporation, has just discovered at a board meeting that the company will acquire a competitor and that the company stock will likely increase once this...
-
A joint survey by Parade magazine and Yahoo found that 59% of American workers say that if they could do it all over again, they would choose a different career (USA today, September 24, 2012). The...
-
6. For which of following reversible reaction the degree of dissociation or association depends upon the value of temperature but NOT on value of pressure? (a) N2(g)+3H2(g)2NH3(g) (b) N2O4(g) 2NO2(g)...
-
An open box will be made by cutting a square from each corner of a 3-ft by 8-ft piece of cardboard and then folding up the sides. What size square should be cut from each corner in order to produce a...
-
In Exercises, find dy/dx. 6+5x 2 - = -18 5x
-
Using your results from Problem P5.7, calculate q, ÎU, and ÎH for each step in the cycle and for the total cycle described in Figure 5.2. Figure 5.2 Isothermal expansion Pa Adiabatic cold...
-
Sally Burns meets with her physician complaining of a headache, sore throat, and coughing. She has a group health insurance through her employer which has a co-payment of $100.00. She pays the...
-
Perdon Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Perdon is analyzing the profitability of its two products....
-
Private nonprofit four - year colleges charge, on average, $ 2 6 , 7 7 3 per year in tuition and fees. The standard deviation is $ 6 , 7 1 3 . Assume the distribution is normal. Let X be the cost for...
-
"Lawsuit Claims Nightclub Fired Waitresses for Being Too Short" was a headline of Fox5 News New York. According to the report, two women filed suit against their previous employer, a prominent New...
-
The Rogers Corporation has a gross profit of $964,000 and $423,000 in amortization expense. The Evans Corporation has $964,000 in gross profit, with $130,000 in amortization expense. Selling and...
-
Describe the conditions when it might be appropriate to use each of the following pricing strategies: discounting, rebates, bundling, dynamic pricing, prestige pricing, psychological pricing, loss...
-
Name some of the various types of financial intermediaries described in the chapter and indicate the primary reason(s) each was created.
-
The 20092010 budget for the California State University system projected a fixed cost of $486,000 at each of five off-campus centers, plus a marginal cost of $1140 per student. a. Find a formula for...
-
Rationalize each numerator. Assume that all radicands represent positive real numbers. Vp-Vp-2 Vp
-
Rationalize each numerator. Assume that all radicands represent positive real numbers. x + x+1 x - x+1
-
calculate the profit or loss Salvage value Profit (or loss) on salvage Tax on profit (or loss) Net cash flow due to salvage Years $500 -$1,228 -$491 $991
-
Explain capitalization tables for the following two different scenarios and explain the term of "dilution" and what it means for the entrepreneurs: (15) a. Rose and Wise choose Techstars offer and...
-
Assume that the spot-rate curve is flat at 6%. A portfolio contains three zero-coupon bonds each having face value $1,000,000. The maturities of the bonds are 2,5,and 10years. (a) Find the DV01 and...
Study smarter with the SolutionInn App