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 )
Percent (%) = per 100
7 1/5 = 36/5 = 720/100 = 720%
Answer:
x =2, x = 4
Step-by-step explanation:
x^2 - 6x + 8 = 0
(x - 2)(x - 4) = 0
x - 2 = 0; x = 2
x - 4 = 0; x = 4
The equation of line with undefined slope and x - intercept -7 is x = -7
<em><u>Solution:</u></em>
Given that the slope of line is undefined and the x intercept is -7
To find: Equation of line
If a line has undefined slope, then it is a vertical line
A vertical line has undefined slope because all points on the line have the same x-coordinate
<em><u>The equation of a vertical line always takes the form:</u></em>
x = b
where, "b" is the x - intercept
Given x - intercept is -7
<em><u>Thus the equation of line is:</u></em>
Therefore, the equation of line is found
80,000going up by 10% you just add the 10% on
