Answer:
R(x) = 150x - 6
Explanation:
Marginal Revenue function = 150 - 12
Revenue function = 
R(x) = 150x - 8*(x^1/3+1) / (1/3 + 1) + c
R(x) = 150x - 8*3/4x^4/3 + c
R(x) = 150x - 6x^4/3 + c
Given R(o) = 0
R(o) = 0 = O + C --- C = O
R(x) = 150x - 6
Answer: Linkedln is an example of an app, yes.
Explanation:
Answer:
Explained below.
Explanation:
The correlation among income as well as life expectancy has been illustrated by a number of analytical studies. The so-called Preston curve, concerning model, symbolizes that selves born in more prosperous nations, on mediocre, can await to live longer than those yielded in impoverished nations. It is not the aggregate germination in income, nevertheless, that values most, but that decline in scarcity. This report examines how the relationship linking per capita GDP moreover life expectancy decreases after relinquishing a specific level furthermore looks at precedents where profit accumulations did not interpret into life expectancy improvements. Generally, if a country has a very low GDP, life expectancy will be very low.
Answer:
This is a form of artificial monopoly.
Explanation:
In artificial monopoly a large firm exists with smaller firms in the same market. The large firm does not have a comparative advantage in production efficiency bit still drives the competition out of business.
Large firms use restrictive measures that prevents new form from entering the market. The other type of monopoly is the natural monopoly.
Having exclusive rights to open a MacDonald's in the Carribean where you can construct as many locations as you want is called artificial monopoly. The firm has successfully barred other firms from opening a MacDonald's in the Carribean.
