(a) Find the elasticity of the demand function 2p + 3q = 150 at the price p...
Question:
(b) How will a price increase affect total revenue?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
a b Revenue will i...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Calculus questions
-
(a) Find the elasticity of the demand function p + 4q = 80 at (10, 40). (b) How will a price increase affect total revenue?
-
(a) Find the elasticity of the demand function p2 + 2p + q = 49 at p = 6. (b) How will a price increase affect total revenue?
-
(a) Find the elasticity of the demand function pq = 81 at p = 3. (b) How will a price increase affect total revenue?
-
The pressure at the bottom of a swimming pool is evenly distributed. Suppose we look at a cast iron plate of 7272 kg lying on the ground with an area of 100 m2. What is the average pressure below...
-
When an object moves with constant velocity, does its average velocity during any time interval differ from its instantaneous velocity at any instant?
-
Solve Prob. 19.113, assuming that a dashpot having a coefficient of damping c = 350N ?? s/m has been connected to the motor and to the ground. 1
-
The square plate is deformed into the shape shown by the dashed lines. If DC has a normal strain x = 0.004, DA has a normal strain y = 0.005 and at D, Y xy = 0.02 rad, determine the average normal...
-
At Creighton Company, the following errors were discovered after the transactions had been journalized and posted. Prepare the correcting entries. 1. A collection on account from a customer for $870...
-
5. Given the radius of the Earth and the mass of the Earth are 6.37 106m and 5.98 1024 kg respectively, if the radius of the moon is 0.2725 times that of the Earth's radius and the mass of the moon...
-
Aristocrat , Baker , and Chef have formed Chez Guevara, Inc . ( Chez ) as a C corporation to operate a gourmet restaurant and bakery previously operated by Chef as a sole proprietorship. Aristocrat...
-
If the weekly demand function is p = 200 - 2q2 and the supply function before taxation is p = 20 + 3q, what tax per item will maximize the total tax revenue? p is the price per unit in dollars and q...
-
If the monthly demand function is p = 7230 - 5q2 and the supply function before taxation is p3030q2, what tax per item will maximize the total revenue? p is the price per unit in dollars and q is the...
-
(a) [COCI2] = 2.00 Ã 10-3 M, [CO] = 3.3 Ã 10-6 M, [CI2] = 6.62 Ã 10-6 M; [CI2] = 6.62 Ã 10-6 M; (b) [COCI2] = 4.50 Ã 10-2 M, [CO] = 1.1 Ã 10-7 M, [CI2] =...
-
For a system that has more number of services than the objects, which OOA technique may be suitable?
-
Which of the following is true of a component? (a) It has attributes and operations (b) It can participate in associations and generalizations (c) It may act as an abstraction (d) It can have an...
-
How DIP is used to impose on abstractions and not on concretions?
-
Explain how each of the following sections of the annual report is useful to the financial analyst Statement of financial position (balance sheet) Income statement (profit and loss account) ...
-
What is a package?
-
At a company that sells X-ray equipment, an important new sales territory is opening up. Patrick ODay, the supervisor of the companys sales force, wants to assign the territory to the best-qualified...
-
Information graphics, also called infographics, are wildly popular, especially in online environments. Why do you think infographics continue to receive so much attention? How could infographics be...
-
A farmer wants to fence an area of 1.5 million square feet in a rectangular field and then divide it in half with a fence parallel to one of the sides of the rectangle. How can he do this so as to...
-
A box with a square base and open top must have a volume of 32,000 cm3. Find the dimensions of the box that minimize the amount of material used.
-
If 1200 cm of material is available to make a box with a square base and an open top, find the largest possible volume of the box.
-
Lake Incorporated and the River, Incorporated reported net incomes of $205,000 and $164,000, respectively, for the most recent fiscal year. Both companies had 41,000 shares of common stock issued and...
-
What effect Eventually, BREXIT will make on EU? How it will benefit UK? What will be the possible outcome?
-
Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price Real estate commissions Legal fees Expenses of clearing the land Expenses to...
Study smarter with the SolutionInn App