Assume that it costs a manufacturer approximately C) = 1,0,00 + 340x + 0.0005,2 dolas to...
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Assume that it costs a manufacturer approximately C) = 1,0,00 + 340x + 0.0005,2 dolas to manufacture x gaming systems in an hour. How many gaming systems shoud be manufactured each hour to minimize average cost? gaming systems per hour What is the resuling average cost f agaming system? I fewer thn the optimal number are manufacturd per hour,wil the marginalcost be arger, smale,or qual to the average cost at hat lower production level? O The marginal cost will e largr than average cost. O The marginal cost wil be smaler than average cost. O The marginal cost wil be equal to average cost. Your underground used-book business i oming. Yourpolic is t elal sed vrsins f Caculu and You at the same price (regardess f conditon). When you set the price at $10, sales amounted to 140 volumes during the fist wee of dsses. The folowing semester, you set the prie at $30 and sales dropped to zero. suming that the demand for boks depends ieary on the prie,what price gives you the maximum revenue? per book What does that revenue amount to? Assume that it costs a manufacturer approximately C) = 1,0,00 + 340x + 0.0005,2 dolas to manufacture x gaming systems in an hour. How many gaming systems shoud be manufactured each hour to minimize average cost? gaming systems per hour What is the resuling average cost f agaming system? I fewer thn the optimal number are manufacturd per hour,wil the marginalcost be arger, smale,or qual to the average cost at hat lower production level? O The marginal cost will e largr than average cost. O The marginal cost wil be smaler than average cost. O The marginal cost wil be equal to average cost. Your underground used-book business i oming. Yourpolic is t elal sed vrsins f Caculu and You at the same price (regardess f conditon). When you set the price at $10, sales amounted to 140 volumes during the fist wee of dsses. The folowing semester, you set the prie at $30 and sales dropped to zero. suming that the demand for boks depends ieary on the prie,what price gives you the maximum revenue? per book What does that revenue amount to?
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Related Book For
Microeconomics Principles, Problems and Policies
ISBN: 978-1259450242
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
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