Question: 7. The demand function for a shirt is plix) = 0.73 + 0.00011, where x is the number of shirts sold and p is the

7. The demand function for a shirt is plix) = 0.73 + 0.00011, where x is the number of shirts sold and p is the price, in dollars. The cost function is 0(a) = 430 - ll32x+ 0.000533. Find the marginal prot when 400 shirts are sold

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Do Homework - Chapter 10 Homework - Google Chrome X "mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=659493833&questionld=1&flushed=false&cld=7584450¢erwin=yes BUS 505 Multinational...

Briefly discuss the cost-volume-profit analysis model and how it is used. Use the attached PDF. APA Citation. 300 words. REVISED PAGES 3 Chapter Three 1 Fundamentals of Cost-Volume-Prot Analysis...

1. The demand function is described by the equation q ( p ) = 130 p /5. The inverse demand function is described by the equation a. p ( q ) = 650 5 q . b. p ( q ) = 1/130 q /5. c. q ( p ) = 130 5 p ....

I. Which of the following is correct? a) The pivot of the budget line shows the substitution effect while a slope gives the income effect. b) The pivot of the budget line shows the substitution...

Read the document \"Rates of Change in the Social Sciences\" before answering question 15 -18. 15. A company determines that the cost, in dollars, of producing 1: items is C(x) = 55000 + 23x +...

Monopolies and Price Discrimination 1.- Mention 3 examples of monopolies that you identify in reality, explain the reasons why it is a monopoly (type of product, barriers and how they were formed)...

2/28/2017 Sections 11.5 - 12.2 Dustin Kelly MTH 217, section 22318443, Spring 2017 Instructor: Daniel Sievewright WebAssign Sections 11.5 12.2 (Homework) Current Score : - / 81 Due : Thursday, March...

Section 2.6: (page 120) Numbers 4, 5, 7-9 all, 16, 17 Section 2.7: (page 133) Numbers 3-6 all, 9-12 all Section 2.8: (page 140) Numbers 10-12 all Section 2.9: (page 148) Numbers 1, 2, 3, 4a, 6a...

need these fast 1. Which of the following is an example of a positive statement? O A. If this good is bad for you, you should not consume it. O B. If you consume this good, you will get sick. O C....

Math 1324 Lab 1 - Chapter 1 and 2 1.) A manufacturer's cost to manufacture 50 microwaves is $14,040, while the cost to make 400 microwaves is $28,040. Let x = number of microwaves and y = cost . a.)...

Solve the following: Derivatives and anti-derivatives d dx d -In(x): = dx d -arctan(x)= dx d dx d -sin(x) = cos(x) -cos(x)=-sin(x) -tan(x) = sec(x) -sec(x)=sec(x) tan(x) -cot(x)=-csc(x)...

Suppose the spot exchange rates at the beginning of July 2019 were as follows in Bank A: Ksh.78.1/CAD and Tsh.1824.1/CAD while in Bank B the spot exchange rate is Tsh.22.7/Ksh. and investor has...

You observe a portfolio for five years and determine that its average return is 1 1 . 4 4 % and the standard deviation of its returns is 1 9 . 4 2 % . Would a 3 0 % loss next year be outside the 9 5...

At the beginning of the year, GDL was considered a mature company and everyone expected its dividend to grow at a constant rate of 2.7% per year, and everyone also expected the company would pay a...

3. Is it a topic that your audience will find worthwhile?

2. Does the topic meet the criteria specified in the assignment?

What type of supporting information do you find most compelling in speeches? Expert testimony? Statistics? Anecdotes? Why? Do you find that your preference depends on the topic of the speech? Why or...