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mr Goodwill [35]
2 years ago
14

A monopolist faces the following demand curve, marginal revenue curve, total cost curve and marginal cost curve for its product:

q = 200 - 2p mr = 100 - q tc = 5q mc = 5. what is the total profit earned?
Mathematics
1 answer:
Ad libitum [116K]2 years ago
7 0

The total profit that is earned is 4512.5

<h3>How to solve for the profit that is earned</h3>

100 - q = 0

q = 100

Maximization is where q = 0

MR = mc

100 - q = 5

such that q = 95

Price would be  100 -0.5(95)

= 100 - 47.5

= 52.5

Profit earned would be

= 95*52.5 -5*95

= 4512.5

Read more on profit maximization here: brainly.com/question/13464288

#SPJ4

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The answer is choice D

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Explanation:

We can rule out choice B and choice C which are y = 2.4^x and y = 3.5^x respectively. Why can we eliminate these? Because they are growth functions (the bases are larger than 1). The graph shown is a decay function. It goes downhill as you read it from left to right.

The answer is either choice A or choice D

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The result for choice D is much closer to what the graph is showing. The graph appears to have the point (-2,11) on the curve. So that's why choice D is the best answer. 

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3 years ago
Pam bought 20 pieces of fruit for her class.
Maksim231197 [3]

Answer:

Step-by-step explanation:

Let O=number of oranges and A=number of apples.

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1.25A+0.95(20-A)=22.60

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O=20-12

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So she bought 8 oranges and 12 apples. The question really only asks for the number of apples bought.

12 apples were bought.

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