Answer:
There are 52 dollars increase on marginal cost when production rises
There are 58000 dollars increase on total cost when production rises
Explanation:
Please find attached word file with the calculations.
Answer:
x = 993.32
Explanation:
Given:
p=10+5ln(3x+1) , where p = $50
50 = 10 + 5ln(3x+1)
50-10 = 5ln(3x+1)
40 = 5ln(3x+1)
40/5 = ln(3x+1)
8 = ln(3x+1)
3x + 1 =
Using calculator = 2,980.96
3x + 1 = 2,980.96
3x = 2,980.96 - 1
3x = 2,979.96
x = 2,979.96 / 3
x = 993.32
Therefore, 993.32 units would be supplied.
Matt is a developer who's obtained a permit that he must post on the job site. Building department inspectors are the entity that inspects the various phases of their work and sign off on the permit.
What is role of building inspector?
Building inspectors evaluate the stability of structures and building projects. They are in charge of examining and evaluating the structural soundness of a building and making sure that it complies with zoning laws, national building rules, and contract requirements.
Do you need a building inspector for an extension?
You must adhere to the building standards if you wish to expand your property. This is a legal obligation, and if you don't get formal clearance and control, your local council may order you to demolish or rebuild occasionally important project components. It might potentially result in legal action and astronomical fines.
Learn more about building inspector: brainly.com/question/27785971
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Answer:
$33
Explanation:
Given that,
Demand function in state 1: Q1 (p1) = 50 - p1
Demand function in state 2: Q2 (p2) = 90 - 1.5p2
Constant Marginal cost (MC) = 10
Inverse demand:
State 1: p1 = 50 - Q1
State 2: p2 = 60 - (2 ÷ 3) × Q2
Market demand (Q) :
= Q1 + Q2
= (50 - p1) + (90 - 1.5p2)
= 140 - 2.5p
This implies p = 56 – 0.4Q
Now, Monopolist equate Marginal revenue = Marginal cost
Total revenue (TR) = p × Q
= (56 -0.4Q)Q
Marginal revenue (MR) = 56 – 0.8Q
Hence, at equilibrium conditions
56 - 0.8Q = 10
Q = 46 ÷ 0.8
= 57.5
P* = 33
Therefore, the profit maximizing price will be $33.
Answer:
if I'm correct it should be D