Q: Total revenue of the firm is $3500 and the price per unit is $70 Calculate output
A: The data presented in the above question is:- Total revenue = $3500 Price per unit = $70 Output is…
Q: Total revenue for a dairy firm is $2400 per week The output sold is 80 Calculate price per unit
A: The price of a product is the amount of money required to purchase it. Price is a measure of value…
Q: Question 10 One of the following is an Administrative cost Raw materials cos! Production Ine workers…
A: When product or some kind of service is manufactured, cost is incurred and process of business…
Q: PriceQuantity Total Demanded Revenue Revenue Marginal Total Cost Marginal Cost $24 1000 $24,000 ***…
A: GIVEN Price Quantity Demanded Total Revenue Marginal Revenue Total Cost Marginal Cost $24…
Q: The revenue for a product is R(x) = - 0.004x2 + 21x – 6200 and the cost is C(x) = 0.02x + 38 for x…
A: We have the following information- R(x) = - 0.004x2 + 21x – 6200 C(x) = 0.02x + 38
Q: Definite revenue. Write the relationship between MR and AR.
A: Revenue: The term revenue is the money that is received by the seller by selling its commodity. For…
Q: Calculate average revenue if output sold is 20 units and total revenue is $250
A: The information being given is:- Output sold = 20 units Total revenue = $250 We have to calculate…
Q: Disney just raised its 3 day 3 park pass from $110.00 to $121.00. Sales fell from 4,000 per week to…
A: Given , Initial price (P1) = $110 Final price (P2) = $121 Initial Quantity (Q1) = 4000 Final…
Q: A business firm owned by Kamala Harris has total revenue from selling 6 units of output of $48.…
A: Given: Total revenue = $48 No. of units = 6 units
Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…
A: We know that the economic profit is the difference between the total sales revenue of output and the…
Q: Eddie's Electronics sells laptop computers for $450 each. At this price, the store sells 325…
A: Economic profit = total revenue- total cost
Q: If average revenue is $44 and output is 20 units Calculate total revenue
A: Given information, Average Revenue (AR)= $44 Total output (Q)= 20 units To find: Total Revenue
Q: The revenue for a product is R(x) = −0.004x^2 + 21x − 6200 and the cost is C(x) = 0.02x + 38, for x…
A: Profit maximization is one of the key goals of firms operating in a market. Profit is the difference…
Q: Calculate average revenue when it is given that Total revenue is $70 and output is 5 units
A: Given information is as follows:- Total revenue = $70 Output = 5 units We need to find the value of…
Q: A music store sells an average of 160 CDs per week at $24 each. The cost of producing x music CDs is…
A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Refer to Figure 5-5. At a price of $30 per unit, sellers' total revenue amounts to $150. $200. $288.…
A: It is given that Per unit price is $30
Q: Please explain how to calculate total revenue
A: Total revenue is the amount that a firm or individual receives after selling the output.
Q: If total revenue is $300 and output is 10 units Find average revenue
A: According to the above mentioned question, we have:- Total revenue = $300 Output = 10 units Average…
Q: A firm's total revenue is $2000 and the output produced was 40 units Calculate price per unit
A: The firms, and businesses are the entities, who are involved in the production of goods, and…
Q: A firm collect $300 by selling 5 bicycle and collect $330 by selling 6 bicycle. Calculate the…
A: The selling price of 5 units (bicycle) = $300 The selling price of 6 units (bicycle) = $330
Q: Figure: Market for Rides Price and cost (dollars per ride) 16 ATC (for 1 firm) 12 8 Demand 4 10 20…
A: * ANSWER :- (6)
Q: Q.1) The Metal Works Inc. received an order for 500 metal gates. The fixed cost is assumed to be…
A: As per total revenue it is known to be as the value of the total receipts a seller in the market can…
Q: the total cost is constant and the total revenue will increase, Explain
A: If price and total revenue both increaased in the market then the demand for the good is inelastic…
Q: Profits for Mia's chocolate shop is $2300 Total revenue generated is $4100 Find the value of…
A: The information being given is:- Profit for chocolate shop = $2300 Total revenue = $4100 We have to…
Q: Price per unit of chair is $330 and the output sold is 16 units Calculate Total revenue
A: The information being given is:- Price per unit of chair = $330 Output = 16 units We have to…
Q: Can total revenue equal to 0
A: Revenue is the money that a firm earns when it sells its goods and services to customers.
Q: The total revenue generated is $400 and the output is 12 units Find the value of average revenue
A: The information being given is:- Total revenue = $400 Output = 12 units We have to calculate the…
Q: Find average revenue if total revenue is $4400 and output is 22
A: The data presented in the above question is:- Total revenue = $4400 Output = 22 We need to…
Q: ECONTO1 FEX 2021 2Male ewamus.net dearoducing a quantity of 20 units. The market price is $17. The…
A: Given A firm is producing Quantity = 20 units Price = $17. Variable cost = $60 Fixed cost =…
Q: Calculate the value of total revenue if total cost is $6500 and profits are $800
A: The information given in the question is:- Total cost = $6500 Profits = $800 Total revenue = ? We…
Q: Calculate the value of average revenue when total revenue is $400 and the no of units employed are…
A: Average Revenue is given as:- = Total revenue / No of units of employed
Q: The demand for bricks depends on the price. A brick company can sell 500 000 bricks at $3.00 each.…
A: The demand curve graphically represents the inverse relationship between the quantity demanded of a…
Q: The total amount spend on production of 500 machines are $100 billions. The selling price of machine…
A: The cost of producing 500 machine = $100 The selling price of one machine = $25
Q: 8.1 The fixed costs at Harley Motors are $1M annually. The m revenue of $9.90 per unit and $4.50…
A: Profit is calculated by finding the difference between total revenue and total cost.
Q: What would be the profit of a firm who generates a total revenue of $3300 and the cost incurred is…
A: The data presented in the question above is:- A firm's total revenue is = $3300 It's total cost is…
Q: at is the net cost of sales for food and beverage? Indicate dollar and percentage cost. d: $354,000…
A: Computation of Net Cost Of Sales for Food Particular Amount ($) Beginning Inventory (food)…
Q: A manufacturer can produce a gizmo at a cost of $6 apice. He sells this gizmo for $10 ,and at this…
A: We define total cost as the cost of producing a good which is sum of fixed and variable cost. The…
Q: ni (nsnus ant taniege) meouzqu 29lim e balavet mil 1svi Find the sales necessary to break even (R =…
A: Break even point means where firm making normal profit by selling it's products with given price and…
Q: The total amount spend on production of 500 machines are $100. The selling price of a machine is $…
A: The cost of producing 500 machines (Total cost) = $100 The selling price of one machine = $25
Q: If change in total revenue is $120 And change in output is 6 units Calculate marginal revenue
A: The information being given is:- Total revenue = $120 Change in output = 6 units We have to…
Q: Find the value of total revenue if output is 60 units and average revenue is $10
A: The information being given to us is:- Total revenue = ? Output = 60 units Average revenue = $10
Q: A firm charges $800 for its unique word processor. If total revenue is $56,000 in July, how many…
A: In the production process, different inputs are used to produce the final output. Each input has its…
Q: A seller can sell 3 diamond rings at a price of $12000 each. If he sells 4, his MR will be $10500.…
A: The following formula is used to find total revenue. Total Revenue = Price x Quantity
Q: (1) The revenue for a product is R(x) = -0.004x? + 21x 6200 and the cost is C(x) = 0.02x + 38, for x…
A:
Q: (a) Find the marginal profit for 2800 uni
A: Given : R(x) = −0.004x2 + 21x − 6200 C(x) = 0.02x + 38 Units=2800
Q: (1) The revenue for a product is R(x) = -0.004x? + 21x – 6200 and the cost is C(x) = 0.02x + 38, for…
A: Given : Revenue function : R(x) = -0.004x2+21x-6200 Cost Function : C(x) = 0.02x+38
Q: 37. The iso revenue function will shift up parallel: a. If the prices of one product increases. b.…
A: A graphical representation of all the possible combinations of two goods that would give the same…
Q: For a cement firm, the total revenue for the previous month was $6300 The price per unit of cement…
A: The data from the question given is:- Total revenue for precious month = $6300 Price per unit of…
Q: A soap company sold 250,000 soaps for which the variable cost of manufacture was $4.20 per soap.…
A: The answer is as follows:-
Q: Calculate the value of Average revenue for 4 units sold when the total revenue is $100
A: # we know that the average revenue is given by the ratio of total revenue and the total quantity…
Calculate the value of total revenue when average revenue is $77 and the no of units sold is 7
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