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2 years ago

Please help me with question, worth 15 points

Mathematics

1 answer:

Alexxx [7]2 years ago

4 0

Line 4 has the error it should be 12/6

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galben [10]

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2 years ago

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Llana [10]

Answer:

i think its 1cm/10mm = 12.5/x

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PLZ DO EXACTLY AS STATED, WILL GIVE BRAILIEST AND 30 POINTS!!

dsp73

Answer:

bro just did this on a TGA

Step-by-step explanation:

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2 years ago

What is 10.061 rounded to the nearest tenth

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3 years ago

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If a monopolist supplies goods at a price; P = 170 - Q, with marginal cost; MC = 52. Find the quantity and price

Arada [10]

Answer:

Quantity = 59 units

Price = $111

Step-by-step explanation:

The Demand function is given by

$P = 170 - Q$

The Marginal cost is given by

$MC = 52$

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

$TR = P \times Q \\\\TR = (170 - Q) \times Q \\\\TR = 170Q - Q^2$

The Marginal revenue is the derivative of the Total revenue,

$MR = \frac{d}{dQ} (TR) = 170Q - Q^2 \\\\MR = \frac{d}{dQ} (TR) = 170 - 2Q \\\\$

Assuming that the monopolist maximizes profits,

$MR = MC \\\\170 - 2Q = 52\\\\2Q = 170 - 52\\\\2Q = 118\\\\Q = 118/2\\\\Q = 59$

Therefore, the quantity is 59 units.

The price of each good is

$P = 170 - Q \\\\P = 170 - 59 \\\\P = 111$

Therefore, the price is $111.

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3 years ago