Report

amolsk22Follow

Apr. 2, 2023•0 likes## 0 likes

•6 views## views

Be the first to like this

Show More

Total views

0

On Slideshare

0

From embeds

0

Number of embeds

0

Upcoming SlideShare

A normal distribution has unknown values of mu and sigma . What is t.pdf

Loading in ... 3

Apr. 2, 2023•0 likes## 0 likes

•6 views## views

Be the first to like this

Show More

Total views

0

On Slideshare

0

From embeds

0

Number of embeds

0

Download to read offline

Report

Education

A monopolist faces the inverse demand curve p = 64 - 2q. At what level of output is his total revenue maximized? The answer is 16,a hint given with the problem is max total revenue where mr=0. Please show work. Solution Hi, Demand curve = 64-2Q Revenue = 64Q-2Q^2 differentiating w.r.t Q MR = 64-4Q Revenue is maimum at MR = 0 => 64-4Q = 0 => Q = 16 Hence, the revenue is maximized at 16 units.

amolsk22Follow

A normal distribution has unknown values of mu and sigma . What is t.pdfamolsk22

A normal distribution has a mean of = 100 with = 20. If one scor.pdfamolsk22

a normal distribution a distribution has mue=10 and s=2. a. find th.pdfamolsk22

a normal distribution has a man of 80 and a standard deviation of 14.pdfamolsk22

A news release for a diet products company reports Solution .pdfamolsk22

A newly patented light bulb has a lifetime of X that has a mean of 3.pdfamolsk22

- A monopolist faces the inverse demand curve p = 64 - 2q. At what level of output is his total revenue maximized? The answer is 16,a hint given with the problem is max total revenue where mr=0. Please show work. Solution Hi, Demand curve = 64-2Q Revenue = 64Q-2Q^2 differentiating w.r.t Q MR = 64-4Q Revenue is maimum at MR = 0 => 64-4Q = 0 => Q = 16 Hence, the revenue is maximized at 16 units