Derive the expression for marginal revenue, Microeconomics

+44 141 628 6080
[email protected]

Derive the expression for marginal revenue

The original revenue function for the microchip producer is R ô°‚ 170Q ô°€ 20Q2. Derive the expression for marginal revenue and use it to find the output level at which revenue is maximized. Confirm that this is greater than the firm's profit-maximizing output and explain why.

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Derive the expression for marginal revenue

Reference No:- TGS047778

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Microeconomics

Q : What entry does richter company make upon receipt of check

Richter company sells merchandise on account for $2000 to lynch company with credit terms of 3/10, n/60. Lynch company returns $200 of merchandise that was damaged, along with a check to settle the account with the discount period. What entry does

Q : Explain the likely unintended effects of such price control

Use your graph to assist in explaining the likely unintended effects of such a price control. Be sure that your graph is completely and correctly labeled.

Q : Explain which policies is most effective and least effective

Explain which of the policies is most effective and least effective for this country ? Provide a rationale with your answer. This posting cannot have citings and has to be in your own words..can this be done?

Q : What will be the effect of the lease on café med''s earnings

The company seeks a 9% return on its lease investments. What will be the effect of the lease on Café Med's earnings for the first year (ignore taxes)?

Q : Derive the expression for marginal revenue

Derive the expression for marginal revenue and use it to find the output level at which revenue is maximized. Confirm that this is greater than the firm's profit-maximizing output and explain why.

Q : Explain problems of measuring productivity in actual work

Discuss the problems of measuring productivity in actual work situations. How might productivity be measured for each of the following industries?

Q : What was ward''s average collection period

The Ward Company has provided the following information: • Net sales totaled $750,000. • Beginning net accounts receivable was $65,000. • Ending net accounts receivable was $85,000.

Q : How much is bad debt expense

Flyer prepares an aging of accounts receivable and the result shows that 5% of accounts receivable is estimated to be uncollectible. How much is bad debt expense?

Q : Differentiate discretionary-automatic fiscal policy

Explain the difference between Discretionary Fiscal Policy and Automatic Fiscal policy (built-in stabilizers). Provide an example of each.

1937662

Questions
Asked

3,689

Active Tutors

1451143

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Derive the expression for marginal revenue

Reference No:- TGS047778

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : What entry does richter company make upon receipt of check

Q : Explain the likely unintended effects of such price control

Q : Explain which policies is most effective and least effective

Q : What will be the effect of the lease on café med''s earnings

Q : Derive the expression for marginal revenue

Q : Explain problems of measuring productivity in actual work

Q : What was ward''s average collection period

Q : How much is bad debt expense

Q : Differentiate discretionary-automatic fiscal policy

Outline a social issue that is important to you

Provide reasons why working from a person centred

Describe the results, including any scores

Identify a specific theory of cognitive or moral development

Describe some of your personality traits

Discuss children diagnosed with developmental disabilities

Discuss social worker working with foster children

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Derive the expression for marginal revenue

Reference No:- TGS047778

Recent Questions Asked Microeconomics

Q : What entry does richter company make upon receipt of check

Q : Explain the likely unintended effects of such price control

Q : Explain which policies is most effective and least effective

Q : What will be the effect of the lease on café med''s earnings

Q : Derive the expression for marginal revenue

Q : Explain problems of measuring productivity in actual work

Q : What was ward''s average collection period

Q : How much is bad debt expense

Q : Differentiate discretionary-automatic fiscal policy

Asked Questions