Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 3: basic calculus (10 marks in total) the

Question 3: Basic calculus (10 marks in total) The selling price of a particular type...

60.1K

Verified Solution

Question

Accounting

Question 3: Basic calculus (10 marks in total)

The selling price of a particular type of car is $20,000. The total cost of producing the car is TC = 2000 + X2.

Find the marginal revenue function? (4 marks)

Find the marginal cost function? (3 marks)

Find the quantity that maximizes profit? (3 marks)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What are the costs of treating bacterial meningitis, responding to, preventing the disease?

Biology
Q

How many milliliters of 0.500 M KOH should be added to 2.38 g of oxalic acid...

Chemistry
Q

Draw the more stable chair conformation of the following molecules, and esti- mate the amount of...

Chemistry
Q

show the steps how to get the result of this integral with infinite and -infinite as...

Advance Math
Q

The impedence of a series LCR circuit varies with 4 frequency of applied voltage source...

Physics
Q

Gas Pressure variation with height An ideal gas of molar mass M is located in...

Physics
Q

Knox Manufacturing Company reported the following year-end information: beginning work in process inventory, $270,000; cost...

Accounting
Q

Using the table Paint Sales Time Series, calculate the mean absolute deviation for a three...

Accounting
Q

12. Lightning Semiconductors produces 400,000 hi-tech computer chips per month. Each chip uses a component...

Accounting
Q

Engineering Economics: How much money could a maker of superconducting magnetic energy storage systems afford...

Accounting
Q

Devon Corp. is trying to decide whether to lease or purchase a piece of equipment....

Accounting
Q

In the process of reconciling its bank statement for April, Donahue Enterprises' accountant compiles the...

Accounting