tristancordes34 tristancordes34
  • 22-11-2021
  • Business
contestada

The blue curve on the following graph represents the demand curve facing a firm that can set its own prices.

Respuesta :

topeadeniran2 topeadeniran2
  • 01-12-2021

From the graph analyzed in the question, the price will be $100 per unit while the quantity demanded will be 10 units.

From the complete question, the marginal revenue of the fourth unit that is produced will be:

= (160 × $4) - (170 × $3)

= $640 - $510

= $130

The marginal revenue of the eighth unit will be:

= (120 × 8) - (130 × 7)

= 960 - 910.

= $50

Therefore, the marginal revenue of the eighth unit is $50.

Read related link on:

https://brainly.com/question/25691874

Ver imagen topeadeniran2
Ver imagen topeadeniran2
Answer Link

Otras preguntas

2x=160, can you help me with this, and show steps?
what value of x makes the equation square root of x-5=4 true?
One group of people purchased 10 hot dogs and 5 soft drinks for $35. Another group purchased 7 hot dogs and 4 soft drinks for $25.25. What is the cost of a sin
4(x-3)+7-10x=5 what is the value of x
How can two substances be made up of the same two elements but have very different properties?
A 50-kg child on a skateboard experiences a 75-N force. What is the expected acceleration of the child?
what value of x makes the equation square root of x-5=4 true?
Michael made a baby quilt that was 3 feet wide. Its Perimeter was 16 feet what was its Area.  Show me the steps.  Thanks
4(x-3)+7-10x=5 what is the value of x
how can I use the word poll in a sentence