Question: Total revenue function is given as TR = -Q 2 +10Q +30.What is the corresponding marginal revenue function? Group of answer choices MR=-Q+10 MR=-Q 2

Total revenue function is given as TR = -Q2 +10Q +30.What is the corresponding marginal revenue function?

Group of answer choices

MR=-Q+10

MR=-Q2+10

MR = 0

MR = - 2Q + 10

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 Economics Questions!

Q:

Hi, you will find the instructions in the attached file, thank you, Using the regression results and the other computations from Assignment 1, determine the market structure in which the low-calorie...

Q:

Case 5.0: Incentives in the Firm Compensating the CEO Lets work through an incentive concept and problem. Moral hazard problems arise when someone the principal hires an agent to do something, but...

Q:

Question 3-4 SESSION 13 The marginal revenue is the rate of change in total revenue per unit increase in output, Q The marginal cost is the rate of change in total cost per unit increase in output, Q...

Q:

5. Answer the following questions: Qty Price TC TFC TVC TR MC MR 0 8 1 9 2 10 11 4 B 13 19 27 7 8 37 (a) Fill the above table. (b) Calculate profit for each quantity. (c) How much should the firm...

Q:

The Togs Company's fixed costs are 10, variable costs per unit are Q+5 and the demand function is P+6Q=201 (a) Find the equation for the total revenue function TR. [1 mark] (b) Find the equation for...

Q:

eco9 Read Case 5-1: Netflix on pages 181-182. Complete one of the following for your original post. Responses to peers can include additional examples from personal experience, additional support for...

Q:

A.. The short-run aggregate supply curve may shift to the left if: a inflationary expectations increase. b productivity increases. c government spending increases. d personal income taxes decrease. e...

Q:

Case Study 1. Consider XYZ manufacturer's total cost function is given as C(x)= 2x^2+3x+1000. Answer the questions associated with this information. Case Study 2. A monopolist's demand function is p...

Q:

Due Sunday, 11/20: Problems from Zimmerman text: 2-11, 2-44, Case 2-3, 7-7, and 7-20 Chapter Two The Nature of Costs Chapter Outline A. Opportunity Costs 1. Characteristics of Opportunity Costs 2....

Q:

1. Given a demand equation Q = 100 - 10 P, what is the inverse demand? Note that Q refers to the quantity demanded even if we do not represent it by Qd A. P = 100 - 10 Q B. P = 100 - 0.10 Q C. P = 10...

Q:

Anna works for a firm that makes a machine that makes single shots of coffee, teas, and espresso-based drinks using a proprietary pod technology. The average pack of pods (with 1216 pods) sells for...

Q:

(1) Create a clustered index on the student number sno of the student table; (2) In the student table, create a non-clustered index for the name sname; (3) Create a unique index on the course number...

Q:

4. What type of substance turns universal indicator purple?

Q:

eBook Print Item Question Content Area Divisional Income Statements and Return on Investment Analysis E.F. Lynch Company is a diversified investment company with three operating divisions organized...

Q:

Accounts payable normally are paid in a relatively short period of time. Why is Accounts Payable considered to be a permanent account?

Q:

Evaluating Dayton Hudsons Financial Position Following are the comparative balance sheets (next page) and footnote disclosure relating to accounts receivable for Dayton Hudson Corporation: Retained...

Q:

Is the expression assets on the left, liabilities and equity on the right correct? How is it related to the balance sheet? How is it related to the accounting equation?