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.
1. i cant see it 2. g=68 h=112 3. i=111 j=69 4. m=37 k=37 l=143
Answer:
3 meters
Step-by-step explanation:
We assume the storage room is a rectangle, like most rooms, no indication it is otherwise.
We know it's a rectangle and not a square because it is longer than wide.
We have the perimeter measurement (16 meters).
So, we can make the following equation:
2x + 2y = 16
x being the width of the room, y being it's length. A perimeter is the sum of all sides.
We also know the room is 2 meters longer than wide... so:
y = x + 2
If we replace y in the first equation by its value relative to x, we get:
2x + 2(x + 2) = 16 which becomes
2x + 2x + 4 = 16
4x =12
thus x = 3
Width: 3 meters
Length: 5 meters.
Confirms the 16 meters perimeter.
