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alexandr402 [8]
3 years ago
8

Here is a linear demand function: Q = 10 -0.5P. Find its price function by inverting the demand function. Then find its total re

venue function by multiplying through by Q. The linear demand function Q = 400 -250P inverts into the price function P = 1.6 -0.004Q. Multiplying this by Q gives its total revenue function TR = 1.6Q -0.004. Evaluate the following expression.
Y = 5(2X + 3)2 -2X2
Business
1 answer:
Dmitrij [34]3 years ago
7 0

Answer:

P = 20 - 2Q

Explanation:

Q = 10 - 0.5P

Price function can be estimated by inverting the demand function.

Q = 10 - 0.5P \\\\0.5P = 10 - Q\\P = 10/0.5 - Q/0.5 \\P = 20 - 2Q

This is the price function.

Total revenue function can be estimated using the given formula,

TR = P*Q \\     = (20 - 2Q) Q \\     = 20Q - 2Q^2

The linear demand function is given by,

Q = 400 - 250P \\

Price function is given by,

P = 1.6 - 0.004Q \\

Total revenue function is thus given by,

TR = P*Q \\      = 1.6Q - 0.004Q^2

Y = 5(2X+3)^2 - 2X^2 \\Y = 5(4X^2 + 9 + 12X) - 2X^2\\Y = 20X^2 + 45 + 60X - 2X^2\\Y = 18X^2 + 45 + 60X \\

The derivative of Y with respect to x is,

dY/dX = 36X + 60\\

Equating this equal to 0 we get,

36X + 60 = 0 \\36X = -60 \\X = -10/6 \\\\X= -1.66

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Answer:

b. it is expensive and requires a great deal of effort.

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selling on credit is basically lending money to customers and it can be very expensive for a small business. First of all, the risk of not getting paid always exists. Second, a small business doesn't generally have excess cash in order to finance credit sales. This means that you might probably need to borrow money yourself to finance your customers.

The good side of credit sales is that they might help you increase your total sales. But you have to calculate which is higher, the costs or the benefits.

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Hart, an individual, bought an asset for $500,000 and has claimed $100,000 of depreciation deductions against the asset. Hart ha
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4 0
4 years ago
Consider the following data that identifies real gross domestic product (GDP) in comparison to the long-run trend of real GDP to
Helga [31]

Answer:

Between quarter 7 and 8

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8 0
3 years ago
Jayanta is raising money for the​ homeless, and discovers each church group requires 2 hr of letter writing and 1 hr of​ follow-
valina [46]

Answer:

6 cruch and 2 labor

provides 6 x 125 + 2 x 250 = 1,250

Explanation:

2x + 1y = 125

2x+ 3y = 250

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125 / 2  = 75

250 / 2 = 125

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125 / 1 = 125

125 / 3 = 41.67

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maximum church group possible:

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the maximum amount possible is 8 but doing so

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6 church        x 2 letter  =  12

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                                total   16

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3 0
3 years ago
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enyata [817]

Two firms, such as a small local, family-owned Italian restaurant and Olive Garden, share few markets and have little similarity in resources, but are nonetheless direct and mutually acknowledged competitors - False

<h3><u>Explanation:</u></h3>

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