Answer:
The answer is 14/8
Step-by-step explanation:
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: $0.55
Step-by-step explanation: you would divide 4.40 by 8 to get the answer which is 0.55
Hope this helps :)
Answer:
O No
Explanation:
Given equation: y = 13x + 12
To check if (2, 8) is a solution of the given equation.
Substitute x and y value in equation and check if it is true.

(x, y) = (2, 8)

simplify

This following statement is false and hence (2, 8) is not a solution.
Answer:
y=2/3x+4
Step-by-step explanation:
rise 2
run 3
y-intercept 4