Answer:
Quantity = 59 units
Price = $111
Step-by-step explanation:
The Demand function is given by
The Marginal cost is given by
We are asked to find the quantity and price of goods.
Firstly, obtain the Marginal revenue function from the demand function
The Total revenue is given by
The Marginal revenue is the derivative of the Total revenue,
Assuming that the monopolist maximizes profits,
Therefore, the quantity is 59 units.
The price of each good is
Therefore, the price is $111.
Answer: The population will be 536,250 people
Step-by-step explanation:
Answer:
Step-by-step explanation:
Given
First, we need to list the multiples of 5
Then, multiples of 3
Next, is to list out the common elements in both
The required probability is then calculated as thus:
Answer:
-9
Step-by-step explanation:
-1y+11=20
-11= -11
-1y=20-11
-1y=9
-9
So this is what's known as a combination. a combination is a group where the order does not matter. to solve a combination, you use this equation:
n! / (r! *(n-r)!)
n is the total number of objects being sorted (8)
r is the group you need to sort them into (4)
(i know it's 2 groups of 4 but if you solve this for 1 group, the other group is automatically made of the remaining kids)
definition of !:
a number with a ! means 1*2*3...*that number (so that number multiplied by every number smaller than it all the way to one)
so we put 8 and 4 in this equation:
8! / (4! *(8-4)!)
simplify:
8! / *(4! 4!)
multiply out:
(8*7*6*5*4*3*2*1) / (4*3*2*1 * 4*3*2*1)
and put that in your calculator
you will get 70
your answer is 70