**Question 1. Find the revenue and demand functions for**

Given that the demand function of a monopolist is `q=9- 8p` and the total cost function is `c(q)=q^3/3-4.5q^2+12q+18` , find the maximum profit of the monopolist.... Price is a function of quantity, and you provided that formula. Cost is also a function of quantity. Revenue is quantity times price. Profit is revenue minus costs. It all flowed from quantity using the formulas provided. Profit is at the highest point at a quantity of 10,000.

**Functions Cost Revenue and Profit Solving Math Problems**

15/08/2010Â Â· Best Answer: To start we need to set up a profit function with the help of the given information. Since Profit is revenue minus costs (Profit = Revenue-Cost) we need to set up the cost function and the revenue function. Revenue is price time quantity. We then take the demand function, solve it for P and...The demand function has the form y = mx + b, where "y" is the price, "m" is the slope and "x" is the quantity sold. In the example, the demand function sets the price of a quart of blueberries to be y = ( â€¦

**Given that the demand function of a monopolist is `q=9- 8p**

The demand function has the form y = mx + b, where "y" is the price, "m" is the slope and "x" is the quantity sold. In the example, the demand function sets the price of a quart of blueberries to be y = ( â€¦ how to keep dubia roaches 2/07/2010Â Â· Given a firmâ€™s demand function, P = 24 - 0.5Q and the average cost function, AC = Q2 â€“ 8Q + 36 + 3/Q, calcula? The demand function facing a monopolist is given by P = 60 â€“ 0.75Q and its average cost function?. How to find the expected return with the covariance

## How To Find The Demand Function Given The Revenue Function

### Maximizing profit given cost and demand functions

- Chapter 1 Linear Functions University of Arizona
- Given the demand function P = 1000 âˆ’ Q express TR as a
- Find the revenue function given the marginal revenue
- Chapter 1 Linear Functions University of Arizona

## How To Find The Demand Function Given The Revenue Function

### 1. Find the revenue and demand functions for the given marginal revenue. (Use the fact that R = 0 when x = 0.) Revenue function R = Demand function p=

- Given a linear demand function of the form QXd = 500 - 2PX - 3PY + 0.01M, find the inverse linear demand function assuming M = 20,000 and PY = 10 PX = 335 - 0.5QX Good Y is a complement to good X if an increase in the price of good Y leads to
- Revenue Function, R(x) Total income from producing units. Cost Function, C(x) Total cost of producing the units.
- 2/07/2010Â Â· Given a firmâ€™s demand function, P = 24 - 0.5Q and the average cost function, AC = Q2 â€“ 8Q + 36 + 3/Q, calcula? The demand function facing a monopolist is given by P = 60 â€“ 0.75Q and its average cost function?
- View the step-by-step solution to: 4 (i) Given the demand function Qd = 12 p a) Find the demand and revenue schedules. b) Find the MR when P 10, 6 and 2.

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