This is a very nice paper and reads very well. Thank you for another job well done!
given P= 1000-100Q (where demanded/purchased and P=price per unit)
a) write an equation for total revenue (TR)in term of Q. Define AR (Average revenue).
b) define MR (marginal revenue) and derive equation for MR using the equation of TR above.
c) determine the value of Q at which TR is at maximum. How do you know that TR attained its maximum at that point? verify your conclusion.
d) Given Q= 1000-100P (where Q=quantity demanded/purchased and P = price per unit), define TR in terms of P(and write an equation for TR in term of P). You may repeat part (a), (b), and (c). compare your answers in parts a, b, and c
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more