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3 years ago

Round 5.91133442377 to the nearest hundred-thousandth

Mathematics

2 answers:

Goshia [24]3 years ago

8 0

Answer:

The required nearest hundred thousandth round off is 5.91133

Step-by-step explanation:

Consider the provided number 5.91133442377

Now, we need to Round to the nearest hundred-thousandth.

The hundred thousandth place is the 5th place after decimal.

Now consider the provided number 5.91133442377

The number on the 5th place after decimal is 3.

Rule of rounding is:

If the number which we want to round off is followed by 5, 6, 7, 8, or 9, round the number up. If followed by 0, 1, 2, 3, 4 round the number down.

Here the 5th place number is 3. Thus the required number is:

Therefore, 5.91133 Rounded to the nearest 0.00001 or the Hundred Thousandths Place.

Semmy [17]3 years ago

4 0

Answer:

5.911334

Step-by-step explanation:

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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

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Answer:

Quantity = 59 units

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Step-by-step explanation:

The Demand function is given by

$P = 170 - Q$

The Marginal cost is given by

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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.

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