Y= - 5x + 7
Use the point and slope to solve for b, which is 7.
Answer: hello your question lacks some data hence I will be making an assumption to help resolve the problem within the scope of the question
answer:
≈ 95 units ( output level )
Step-by-step explanation:
Given data :
P = 2000 - Q/10
TC = 2Q^2 + 10Q + 200 ( assumed value )
<u>The output level where a purely monopolistic market will maximize profit</u>
<u>at MR = MC </u>
P = 2000 - Q/10 ------ ( 1 )
PQ = 2000Q - Q^2 / 10 ( aka TR )
MR = d (TR ) / dQ = 2000 - 2Q/10 = 2000 - Q/5
TC = 2Q^2 + 10Q + 200 ---- ( 2 )
MC = d (TC) / dQ = 4Q + 10
equating MR = MC
2000 - Q/5 = 4Q + 10
2000 - 10 = 4Q + Q/5
1990 = 20Q + Q
∴ Q = 1990 / 21 = 94.76 ≈ 95 units ( output level )
The equation in slope intercept form is y= 1x - 70
Start from the right-most 7, and go one digit to the left each time:
7 - units place
7 - tens place
7 - hundreds place
3 - thousands place
2 - ten-thousands place
6 - hundred-thousands place
5 - millions place
4 - ten-millions place <----- answer to this question
1 - hundred-millions place
8 - billions place
0 - ten-billions place
9 - hundred billions place
The ten-millions place is the 4.
Answer:
The first one is a line because a line extends infinitely in both directions which the arrows indicate.
The second one is a plane since it is a 2-dimensional shape.
The last one depicts 2 rays because rays have one endpoint, but extend infinitely in the other direction.
