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Mekhanik [1.2K]
3 years ago
8

3 orange picks for every 2 green. if there are 25 picks in all, how many picks are orange?

Mathematics
2 answers:
Marta_Voda [28]3 years ago
8 0
3+2=5
25÷5=5
5×3=15
There are 15 Orange picks.
AleksAgata [21]3 years ago
5 0

My answer is their will be 15 orange picks


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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
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Answer:

Quantity = 59 units

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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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Step-by-step explanation:

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Step-by-step explanation:

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