The marginal revenue of selling the eighth unit is $-4.
A monopolist is the only producer in the industry. A monopolist operates in a monopoly. The monopolist sets the market price of their products.
Marginal revenue is the change in total revenue when quantity sold increases by one unit.
Marginal revenue = change in total revenue / change in quantity sold
change in total revenue = ($3 x 8) - ($4 x 7) = $-4
change in quantity sold = 8 - 7 = 1
Marginal revenue = $-4 / 1 = $4
A similar question was answered here: brainly.com/question/15566669
You change 1/3 and 3/4 so that they have the same denominator.
The GCF is 12 in this case.
1/3 x 4 = 4/12
3/4 x 3 = 9/12
4/12 + 9/12 = 13/12 or 1 1/12 (One and one twelfth)
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Answer:
x = (4y-6)/17
where x is the number of pens each student got.
Step-by-step explanation:
No. of boxes = 4
no. of pen in 1 box = y
total no, of pens in 4 box = No. of boxes *no. of pen in 1 box = 4y
No. of pen took away by Jaden's teacher = 6
no. of pens left = 4y - 6
This, 4y - 6 pen has to be divided among 17 students.
Let each student get x pen
thus, total no. of pen got by 17 student = 17x
This, 17x should be equal to total no. of pens available which is 4y-6
17x = 4y-6
=> x = (4y-6)/17
Thus, expression to represent number of pens each student got
is x = (4y-6)/17
Step-by-step explanation:
1. a) q=4+0.8(7)
q=4+5.6
q=9.6
b) q=4+0.8(100)
q=4+80
q= 84
2. a) 12=4+0.8p
-4 -4
<u>8</u>=<u>0.8p</u>
0.8 0.8
10=p
b) 60=4+0.8p
-4 -4
<u>56</u>=<u>0.8p</u>
0.8 0.8
70=p
