The last one would most likely be it
Answer:
p = 59.11 dollars
Explanation:
Given
Price: p(x) = 8eˣ (0 ≤ x ≤ 2)
Revenue; R = x*p = 8xeˣ
p = ? when R be at maximum
We can apply
dR/dx = d(x*p)/dx = 0
⇒ d(8xeˣ)/dx = 8*(1*eˣ + x*eˣ) = 0
⇒ eˣ*(1 + x) = 0 ⇒ x = - 1
as x = - 1 ∉ [0, 2]
then, we have
p(0) = 8e⁰ = 8
R = 0*8 = 0
If x = 1
p(1) = 8e¹ ≈ 21.74
R = 1*21.74 = 21.74
If x = 2
p(2) = 8e² ≈ 59.11
R = 2*59.11 = 118.22
Implies that, R(x) is maximum at x = 2.
Thus, the price that maximize the revenue of the company is 59.11 dollars.
Answer:
b. incur the opportunity cost of ignoring the wishes of others.
Explanation:
Opportunity cost in economics is seen as the forgone cost of doing something.
So in this instance where private ownership rights are well defined, everyone knows what is his own and what belongs to others.
The opportunity cost of this will be to ignore the wishes of others. They must now consider the wishes of others.
Answer:
I believe that it is B or
Explanation:Telling a story about people who resemble the target audience
Answer:
$60,000,000
Explanation:
Market value is simply defined as the price an asset would fetch in the marketplace, or the value that the investment community gives to a particular equity or business.
Formula for market value is given as
Company's Share × Current Market price per share.
Therefore, given that
Numbet of shares = 3,000,000
Price of share = $20
Then, MV = 3,000,000 × 20
= $60,000,000