Question: Assume that a demand equation is given by q = 5000 - 100p. Find the marginal revenue for the given production levels (values of q).

Assume that a demand equation is given by q = 5000

Assume that a demand equation is given by q = 5000 - 100p. Find the marginal revenue for the given production levels (values of q). (Hint: Solve the demand equation for p and use R(q) = qp.) . . . a. 1000 units The marginal revenue at 1000 units is . (Simplify your answer.) b. 2500 units The marginal revenue at 2500 units is . (Simplify your answer.) c. 5000 units The marginal revenue at 5000 units is . (Simplify your answer.)

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!

Homework 8 Question 19 Chrome e File Edit View History Bookmarks Profiles Tab Window Help 1 0 8 1 7 9 9 Fri Nov 5 12:23 AM .. . Content X Do Homework - Section 12.1 H( X Homework Help - Q&A from Or x...

a 1000 units b 2500 units c 5500 units demand equation is given by x 5000 100p Find the marginal revenue for the given production levels values of x Hint Solve the demand equation for p and use R x...

Assume that a demand equation is given by x 6000 100p Find the marginal revenue for the given production levels values of x Hint Solve the demand equation for p and use R x a 1000 units b 3000 units...

Assume that a demand equation is given by x 7000 100p Find the marginal revenue for the given production levels values of x Hint Solve the demand equation for p and use R x xp a 2000 units b 3500...

Assume that a demand equation is given by q= 8,000 - 100p. Find the marginal revenue for the given production levels (values of q). (Hint. Solve the demand equation for p and use R(q)= qp.) a....

Assume that a demand equation is given by q = 9000 - 100p. Find the marginal revenue for the given production levels (values of G). (Hint Solve the demand equation for p and use Ria) - ) a. 2500...

Assume that a demand equation is given by x 5000 100p Find the marginal revenue for the given production levels values of x Hint Solve the demand equation for p and use R x xp a 1000 units b 2500...

my question in the picture 4. Assume that a demand equation is given by q = 8000 100p. Find the marginal revenue for the given production levels (values of q). {H int: Solve the demand equation for p...

Assume that a demand equation is given by q = 5000 - 100p. (a) Find the revenue function, R(q), and the marginal revenue function, R(q). (b) Find and interpret the marginal revenue for q = 500 units....

please answer this Q step by step Q14 A) The revenue equation (in hundreds of millions of dollars) for barley production in a certain country is approximated by R(x) =0.0693x~ + 1.4329x + 2.0816...

Use the information provided for Tyson Construction Inc to answer the following questions using the effective interest method. On January 2 2012 Tyson Construction Inc issued $1,000,000 10year bonds...

Consider the following two projects: Year 0 Year 1 Year 2 Year 3 Project Cash Flow Cash Flow Cash Flow Cash Flow 100 60 90 Year 4 Cash Flow N/A Discount Rate 15 15 A 40 50 B 147 50 70 %. An...

Find Give goinipik toolowites of the following: f ( x ) = x 2 - 3 x 1 using flack we differestioniom if f ( x ) = 3 x using ceetreet differenciative.

How did the new project selection process handle nonnumeric type projects? Risk? How did this new process alter new project proposals at HP?

Classify the following items as (a) Prepaid expense, (b) Unearned revenue, (c) Accrued revenue, or (d) Accrued expense. 1. A two-year premium paid on a fire insurance policy. 2. Fees earned but not...

Merlin Forsyth established Avalon Services, P.C., a professional corporation, on August 1 of the current year. Avalon Services offers financial planning advice to its clients. The effect of each...

Using the data from Exercise 3-1, record the adjusting entries at the end of May to record the insurance expense and supplies expense. There were $650 of supplies on hand as of May 31. Identify the...

Luv Care is owned and operated by Debbie Gonalez, the sole stockholder. During May 2011, Luv Care entered into the following transactions: a. Debbie Gonalez invested $20,000 in Luv Care in exchange...

Tori and some other childeen experimented with balls to see which ones rolled. First using a piece of cardboard to use as a ramp, they angled it on a block to the floor to test the balls. Then Tori...

What implications do new media sport marketing principles have for conventional sport marketing techniques?

Provide an example of each of the following principles: customisation, modularity, sticky branding, networked communication, inclusivity and permission.

Explain how implementation differs from planning sport marketing strategies.