Enable text based alternatives for graph display and drawing entry

Try another version of these questions

Suppose that the price of Jackets is $2. In addition, suppose that the firm's total costs are $19 and that the firm currently sells 30 Jackets.

Given this information, what is this firm's total revenue?

 

Hint


Suppose that the price of Apples is $1. In addition, suppose that the firm's total costs are $16 and that the firm currently sells 10 Apples.

Given this information, what is this firm's profits?

 

Hint




The table below shows data for the production of Pineapples for an individual firm operating in a perfectly competitive market.

Quantity of PineapplesTotal RevenueTotal Costs
0030
106050
2012062
3018071
4024080
5030089
60360100
70420130
80480200

Given this data, what is the per unit price of Pineapples?

 

Hint


The table below shows data for the production of apples for an individual firm operating in a perfectly competitive market.

Quantity of applesTotal RevenueTotal Costs
0010
105030
2010040
3015060
4020090
50250130
60300180
70350240
80400310

Given this data, what are this firm's profits if it chooses to produce 20 apples?

 

 

Hint


The table below shows data for the production of pineapples for an individual firm operating in a perfectly competitive market.

Quantity of pineapplesTotal RevenueTotal Costs
0010
106030
2012040
3018060
4024090
50300130
60360180
70420240
80480310

Given this data, complete the table:

 Quantity of pineapples  Profit
0
10
20
30
40
50
60
70
80


At what quantity does this firm maximize its profit?

NOTE: If there are two quantities with the same level of profits, pick the larger of the two quantities!



Hint


X
MathQuill
   x  x    n  |   | (   ) π DNE
   x    (   ) π DNE
( ) ( ] [ ) [ ] —∞ DNE
< > or All Real Numbers DNE
log logn ln n  | | e 
sin cos tan arcsin arccos arctan  
[more..]