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Find the revenue function and the demand function if the marginal revenue for x units is MR = 10 + 3x – x2
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The marginal cost function of a commodity is given by MC = `14000/sqrt(7x + 4)` and the fixed cost is ₹ 18,000. Find the total cost and average cost
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If the marginal cost (MC) of production of the company is directly proportional to the number of units (x) produced, then find the total cost function, when the fixed cost is ₹ 5,000 and the cost of producing 50 units is ₹ 5,625
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If MR = 20 – 5x + 3x2, Find total revenue function
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If MR = 14 – 6x + 9x2, Find the demand function
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Calculate consumer’s surplus if the demand function p = 50 – 2x and x = 20
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Calculate consumer’s surplus if the demand function p = 122 – 5x – 2x2, and x = 6
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The demand function p = 85 – 5x and supply function p = 3x – 35. Calculate the equilibrium price and quantity demanded. Also, calculate consumer’s surplus
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The demand function for a commodity is p = e–x .Find the consumer’s surplus when p = 0.5
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Calculate the producer’s surplus at x = 5 for the supply function p = 7 + x
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If the supply function for a product is p = 3x + 5x2. Find the producer’s surplus when x = 4
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The demand function for a commodity is p =`36/(x + 4)`. Find the consumer’s surplus when the prevailing market price is ₹ 6
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The demand and supply functions under perfect competition are pd = 1600 – x2 and ps = 2x2 + 400 respectively. Find the producer’s surplus
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Under perfect competition for a commodity the demand and supply laws are Pd = `8/(x + 1) - 2` and Ps = `(x + 3)/2` respectively. Find the consumer’s and producer’s surplus
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The demand equation for a products is x = `sqrt(100 - "p")` and the supply equation is x = `"P"/2 - 10`. Determine the consumer’s surplus and producer’s surplus, under market equilibrium
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Find the consumer’s surplus and producer’s surplus for the demand function pd = 25 – 3x and supply function ps = 5 + 2x
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If the marginal revenue function of a firm is MR = `"e"^((-x)/10)`, then revenue is
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Choose the correct alternative:
If MR and MC denotes the marginal revenue and marginal cost functions, then the profit functions is
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The demand and supply functions are given by D(x) = 16 – x2 and S(x) = 2x2 + 4 are under perfect competition, then the equilibrium price x is
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The marginal revenue and marginal cost functions of a company are MR = 30 – 6x and MC = – 24 + 3x where x is the product, then the profit function is
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