$MathMaster logo$

MathMaster

Home
general
suppose that the firm s profit function is given as q 1000 5q 2 where q is quantity produced and is profits which of the f

Question

Suppose that the firm’s profit function is given as: π(Q)=1000-5Q^2, where Q is quantity produced and π is profits. Which of the following statements is/are correct? a. The optimal quantity the firm can produce to maximize its profit is 50 b. The optimal quantity the firm can produce to maximize its profit is 30. c. The optimal quantity the firm can produce to maximize its profit is 20 d. The optimal quantity the firm can produce to maximize its profit is 100 e. None of the above

202

likes

1008 views

Answer to a math question Suppose that the firm’s profit function is given as: π(Q)=1000-5Q^2, where Q is quantity produced and π is profits. Which of the following statements is/are correct? a. The optimal quantity the firm can produce to maximize its profit is 50 b. The optimal quantity the firm can produce to maximize its profit is 30. c. The optimal quantity the firm can produce to maximize its profit is 20 d. The optimal quantity the firm can produce to maximize its profit is 100 e. None of the above

$Expert avatar$

4.4

95 Answers

Option d

Frequently asked questions (FAQs)

Find the derivative of f(x) = sin^2(x) + cos^2(x) - 2tan(x) at x = π/4.

+

What is the equation of a logarithmic function with a vertical asymptote at x = 1 and passes through the point (2, 3)?

+

What is the number of ways to arrange 5 students out of 10 in a line?

+

New questions in Mathematics

A client did not advance L 10,000 for the rental of a parking area and it corresponds to 4 months, of which 2 months were consumed

The Lenovo company manufactures laptop computers, it is known that for every 60 laptops produced, 54 go on the market with the highest quality standards. If a sample of 15 laptops is taken, calculate the probability that: Exactly 2 are not of high quality

Using the integration by parts method, calculate the integral of [x².ln(1/x)]dx: x 4 /4 x³/6 x 4 /8 x³/3 x 4 /6

In a store, a person carries 14 kilos of rice and 28 kilos of flour. In what ratio are the kilos found? (Remember to simplify until you reach an irreducible fraction)

Suppose you have a sample of 100 values from a population with mean mu = 500 and standard deviation sigma = 80. Given that P(z < −1.25) = 0.10565 and P(z < 1.25) = 0.89435, the probability that the sample mean is in the interval (490, 510) is: A)78.87% B)89.44% C)10.57% D)68.27%

19) If the temperature of -8°C decreases by 12°C, how much will it be? a)-20°C -4°C c) 4°C d) 20°C

Use a pattern approach to explain why (-2)(-3)=6

30y - y . y = 144

9 x² + 2x + 1 = 0

Next%C3%B3n%2C+we+are+given+a+series+of+Tri%C3%A1angles+Right%C3%A1angles+%3Cbr%2F%3Ey+in+each+one+of+them+ are+known+2%28two%29+measurements+of+sides.+%3Cbr%2F%3Elet's+determine+all+trigonom%C3%A9tric+ratios.

A Smooth Plane is listed for $195.00. Discounts of 12% and 10% are allowed. If the customer pays cash within 30 days, an additional discount of 3% is granted. What is the cost if a carpenter takes advantage of all the discounts offered?

ind the z-score for which 72% of the distribution's area lies between -z and z. -1.7417, 1.7417 -1.1538, 1.1538 -1.0803, 1.0803 -2.826, 2.826

Find the number of pounds of nails required for 17850 square feet of drywall if each thousand square feet requires 4.5 pounds of nails.

How to convert 45 kg into grams

In a 24 hours period, the average number of boats arriving at a port is 10. Assuming that boats arrive at a random rate that is the same for all subintervals of equal length (i.e. the probability of a boat arriving during a 1 hour period the same for every 1 hour period no matter what). Calculate the probability that more than 1 boat will arrive during a 1 hour period. (P(X>1) ) Give your answers to 4 decimal places and in a range between 0 and 1

(6²-14)÷11•(-3)

did an analysis of dropout from the nursing faculty at the Universidad Veracruzana. With a poblation of 122 students, it turned out that according to the gender data, the female sex predominates with 82%, and the male sex male is found with 12%. The main factors why students drop out are, first of all, "Not "re-enrolled" at 49%, second place "Personal reasons" at 20%, third place "change of school" in 11%, "lack of documents" and "economic reasons" in 7%, change of residence and lack of social service in 3%. Of this sample, how many students dropped out for other reasons?

Solve the system of equations by the addition method. 0.01x-0.08y=-0.1 0.2x+0.6y=0.2