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3 years ago

Can someone answer number 1

Mathematics

1 answer:

Serga [27]2 years ago

6 0

The answer to number one is A

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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

Arada [10]

Answer:

Quantity = 59 units

Price = $111

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.

3 0

3 years ago

Terri is rewriting 7^13 in expanded form. How many factors should she use in her expression?

Mazyrski [523]

She should use 13 factors.
All 13 factors are the same thing . . . 7 .

7^13 should be written as 7¹³ .

It means: 7·7·7 · 7·7·7 · 7·7·7 · 7·7·7 · 7

6 0

2 years ago

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The function f(x) = is translated up 4 units. Which equation represents the translated function?

kkurt [141]

Answer:

The translated function can be written as:

y = f(x) + 4

3 0

2 years ago

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What is 37 more than t

AleksAgata [21]

37 more than t would simply be defined as $t+37$

That's all!

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3 years ago

Carrie missed 9.6% of the problems on a test. The test had a total of 125 problems.

Nataly_w [17]

Answer:

G 13

Step-by-step explanation:

X/125 = 9.6%/100%

125*(9.6) / 100 = 12;

BEST estimate 13

7 0

2 years ago