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.
I like the answer is c because it doubles
Answer:
slope of the first line: 1
slope of the second line: 0.778
slope of the third line: 0.375
slope of the fourth line: 1.25
Step-by-step explanation:
Given two points (x1, y1) and (x2, y2), the slope of a line is computed as follows:
slope = (y2 - y1)/(x2 - x1)
Therefore,
slope of the first line: [5 - (-4)]/[4 - (-5)] = 1
slope of the second line: [5 - (-2)]/[4 - (-5)] = 0.778
slope of the third line: [2 - (-1)]/[3 - (-5)] = 0.375
slope of the fourth line: [5 - (-5)]/[4 - (-4)] = 1.25
To answer this question with the choices given, you would substitute the possible answers into your work for the base and the height of each dimension on the entire campground.
To find the length of the campground, you multiply each choice by 5 because there are 5 campsites.
For the width, you add each choice to 4.
Then you multiply the total length by the total width to see if your answer is 950 square yards.
See the attached picture for all the work.
