The revenue and total cost functions for a market product are given R(Q)=125Q-Q² and C(Q)=-500+5Q+0.5Q² Find the profit maximising level of output and price
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@ankitagarg13348 ай бұрын
Revenue = 20 q-q² , cost = q²+ 8q + 2 , find the equilibrium level of firmv, price , total revenue , total profit ? Please solve this question sir
@kcee218 ай бұрын
Did you get your answer or can I assist you with it
@petererue93069 ай бұрын
5:31PM perfect competition Q = 300 - 2P TC = 150 + 10 Q Given demand and cost function as below show that the monopolist produces half the output under perfect competition Q = 300 - 2P TC = 150 + 10 Q
@ECONMATHS9 ай бұрын
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@adeelasiddique73042 жыл бұрын
You're way of teaching is just so awesumeeeeee❤
@ECONMATHS2 жыл бұрын
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@shashanishashikala91992 жыл бұрын
Thank you so much 🙏🙏🙏🙏this video usefull to me from srilanka
@ECONMATHS2 жыл бұрын
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@mamutgabrielwal96592 жыл бұрын
Try to answer that question please, I'm in love with your presentation.
@ECONMATHS2 жыл бұрын
Thousand apologies brother. I can't help with this
@mamutgabrielwal96592 жыл бұрын
Given a firm that's engaged in production of maize and is faced with a cost function of C:1500+100Q and a revenue function of R:500Q-2Q2 that's squared. Use the above information to answer the following questions. a) output of a profit maximizer. b) output of a sales revenue maximizer. c) Compare the price of a sales revenue maximizer with that of a revenue maximizer. d) Compare the profit of a sales revenue maximizer with that of a revenue maximizer. e) suppose now a profit of$ 17988 is set by the stakeholders, establish whether it's operative or non operative profit contraint? f) suppose the profit is reduced to C: 1000+100Q, determine its impact on the price and revenue maximizer. Assume minimum profit of @17988.
@ECONMATHS2 жыл бұрын
Sorry brother I can't solve this as all the space would be taken by the question on white board
@abrahamyrn2 ай бұрын
Thank you so much, this was really helpful ❤️
@ECONMATHSАй бұрын
Thanks for the appreciation . Keep shining and stay blessed
@abdullahiabdikadir32072 жыл бұрын
APPLICATION PROBLEMS IN COST, REVENUE AND PROFIT PROBLEM 1 Super Toys Ltd. (STL) manufactures and sells toys. “Super car” is one of their popular models. The marketing department has estimated the demand function for the model to be linear. If the price was fixed at Sh. 570, the daily sales of the model would be 400 toys, whereas if the price was increased to Sh. 820, the daily sales would drop to 200 toys Data from the production department indicate that the incremental cost of producing q toys of the model is given by the equation; C (q) = 2q - 570 and that the daily fixed cost is Sh. 1,100. Required: (i) The revenue functions if q toys are sold. (ii) The total cost function. (iii) The daily break-even number of toys ...please help
@RestyanaPutri-iz6ki10 ай бұрын
Sir, help me please for the question 2) If the demand function for a good is written, it is Q=100,000- 200 På the total cost function is TC 150,000 0.003Q 100Q Determine the level of production that produces max profit What is the maximum profit? b. What selling price produces max profit?
@Candyberrie3 жыл бұрын
Thank you so much🙏🏽 this was so helpful
@ECONMATHS3 жыл бұрын
My pleasure
@williammhone89893 жыл бұрын
Can you kindly help me solve this question.. The demand curve for a firm producing two products are given by q1=p2-p1+15 and q2=p1-2p2+40 and its cost function is given by c=q1^2+q1q2+q2^2 determine the optimal values for the output of the two products?
@ECONMATHS3 жыл бұрын
First find TR for firm 1 , Then Find MR for firm 1, . After that Derive MC from TC for firm 1 And then Equate MR1= MC1 that will give the optimal level of output ie Q1 = (P2 + 15 -Q1)/15 . Similarly do for firm to also
@alhassandavidturay3578 Жыл бұрын
Please help e solve this problem Assuming the cost and demand function for two competing firms X and Y are given by: Cx=60,000+10Qx, Cy=30,000+ 15Qy Qx=15,000- 1000px+750py Qy=15,000+750px-1000 py Determine the (i) price reaction function for each firm (ii) equilibrium quantities and profit assuming firm x is the leader and firm y is the follower and comment on the result
@byamungusimon32042 жыл бұрын
I'm still finding it hard to find a difference between; 1. Profit maximizing level of output; and 2. Revenue maximizing level of output. Need help
@LinaLina-uq5oh2 ай бұрын
The total cost function and the market demand function of a competitive firm are C C= x310x2 + 9x + 1000 and x = (12p)/9 respectively. The level of output at which profits will be maximised?
@LinaLina-uq5oh2 ай бұрын
Please solve
@lowkey8770 Жыл бұрын
Now i understand better got my upcomin exams in a weeks time
@DanimanTilahun4 ай бұрын
TC=100 + 4Q - 3Q^2 + Q^3 Find level out put when MC=AVC,MC=ATC and MC=AFC.
@tabithamuruga-zh6tg Жыл бұрын
Hello, help me to work out the following questions, Given the following total profit function (where q output): π= 250000+20000q-2q2. I.) Determine the level of output that maximizes profit. 2.) Show that the value of A determined in (I.) Maximizes rather than minimizes profit.
@nasserzahranalkindi28202 жыл бұрын
smooth discription , thank you
@ECONMATHS2 жыл бұрын
Thanks for the appreciation
@ukpenignatiusigbawase19312 жыл бұрын
Please Sir, could you help solve problem for me, this is two weeks with it, yet no understanding. A firm's average cost function is given by Y=x²-20x+120 where Y is average cost in naira per unit of output and output price is N10 and is same at all levels. 1. Find the output levels at which the firm breaks even(i.e price=average cost) 2. Graph the cost function and show solution 3. Find a range of prices over which the firm makes across at all levels of output
@daone1264 Жыл бұрын
Can you work this problem: If a monopolist faces a constant elasticity demand curve given by Q=202500P^-3 and has total cost given by TC=10Q, it’s maximumizing level of output is?
@rihanakhan11282 жыл бұрын
Sir please help me with this question A monopolist faces a demand curve given by Q=20/p. The marginal revenue curve is given by (a)MR(p)= -10/p^2 (b)MR(Q)= -10/Q^2 (C)Q=0 (d)P=0
@sasibaratam17092 жыл бұрын
find the optimal output in order to maximize profit given that revenue function is R(q)=9000Q-207q^2and the cost function is C(q)=18q^2.find the profit at q=50 Sir can u give the solution for this problem
@ZakirKhan-jo8ko Жыл бұрын
Sir given function π=1/3Q^3-3Q^2+5Q+3 Find the profit maximizing level of output Find the maximum level of output
@ZakirKhan-jo8ko Жыл бұрын
Sir plz solve it
@ZakirKhan-jo8ko Жыл бұрын
Sir plz solve it
@ECONMATHS Жыл бұрын
Uploaded successfully
@princedayana29872 жыл бұрын
use the demand equation given to fill in the below , consider quantity from unit 1 to 6 Q =48-0.02p quantity price TR AR MR using the demand equation given above , find the revenue maximizing and output it the total cost function is given as TC=480 +2Q2 , find the profit maximizing price, output and calculate the maximum profit that can be made.
@abdubsankalo Жыл бұрын
What will happen if you have given q=280000 - 400p And yet you have given total cost of production c= 350,000 +300q +0.0015q²
@gummy-o-taekoo83902 жыл бұрын
So happy to see this..thank you so much sir
@ferihaqureshi55543 жыл бұрын
👌keep going
@ECONMATHS3 жыл бұрын
Thanks for the appreciation
@ferihaqureshi55543 жыл бұрын
@@ECONMATHS My pleasure sir g
@astitchintime5654 Жыл бұрын
now if a subsidy of 2 dollar paid to firm thn what will be the profit max price and output? can u give me hint ASAP?
@GigiWik102 жыл бұрын
Thank you so much sir🙏
@ECONMATHS2 жыл бұрын
my pleasure
@njorogeamos7117 Жыл бұрын
great hero!,,,,thank you so much
@ishasah62927 ай бұрын
Sir, this is the case of monopoly right??
@taraadhikari44327 ай бұрын
Thank you so much sir ❤
@mdshohaghossen80652 жыл бұрын
Please help to solve this question - The total revenue (TR) and Average Cost (AC) functions of a firm are given by TR = 4350Q - 13Q ^ 2 AC = Q ^ 2 - 5.5Q + 150 + 675Q ^ 2 Where Q refers to quantity of output. Find the profit maximizing level of output and maximum profit.
@ECONMATHS2 жыл бұрын
Please write the question properly
@mdshohaghossen80652 жыл бұрын
@@ECONMATHS what's wrong in this question? I take it from a question paper
@ECONMATHS2 жыл бұрын
@@mdshohaghossen8065 exponents are not clear for last term
@student44283 жыл бұрын
Make IGNOU MEC videos also
@TanishaSunar121 күн бұрын
❤
@ramsagarshukla4915 Жыл бұрын
Suppose the cost and revenue functions are as follows: C = 100 +5Q² and R = 150Q-2.5 Q².. Determine the profit maximising output, maximum profit and profitable range of output
@ECONMATHS Жыл бұрын
solved and uploaded
@ECONMATHS Жыл бұрын
please share this channel with your Economics friends.
@ramsagarshukla4915 Жыл бұрын
@@ECONMATHS Thank-you So Much Sir 🙏🌹
@apa289 Жыл бұрын
Suppose the cost and revenue functions are as follows: C = 100 + 5𝑄 2 and R = 150Q - 2.5 𝑄 2 .. Determine the profit maximising output, maximum profit and profitable range of output. Can anyone please help me with this sum ?
@rajusanadi27185 ай бұрын
Sir please suggest me good text book for economics numerical problem
@semlinarai58062 жыл бұрын
Thank you sir😊🙂
@ECONMATHS2 жыл бұрын
My pleasure
@arifahmad4646 Жыл бұрын
Keep going
@kisakyejemimahmercy5402 жыл бұрын
Thank u so much
@ECONMATHS2 жыл бұрын
Thanks for the appreciation
@janemuchiri562610 ай бұрын
well explained
@mmjallow70782 жыл бұрын
Can u plz help me. How is it proven that mc=mr when profit is maximised
@adeelasiddique73042 жыл бұрын
Awesumeeeeee ❤
@MysteriousMan-vf2rw8 ай бұрын
Hi wat your name
@williammhone89893 жыл бұрын
Thanks 🙌🔥
@aajatak477 Жыл бұрын
Thanks sir ❤❤❤
@AbdallaMohamedAhmed Жыл бұрын
Thanks sir ❤
@innocentdzowera14182 жыл бұрын
Thanks...
@alysakharel83232 жыл бұрын
c=Q2+8q+2. r=20Q-q2 find price that maximizes the output can u solve the problem please
@ECONMATHS2 жыл бұрын
What are c and r in question
@alysakharel83232 жыл бұрын
@@ECONMATHS c is cost function and R is revenue function
@ECONMATHS2 жыл бұрын
@@alysakharel8323 ok got it. I ll INSHALLAH tomorrow make video on that
@sonusanu2204 Жыл бұрын
Thanks
@apnachannel10253 жыл бұрын
You are from Kashmir?
@ECONMATHS3 жыл бұрын
Yes , from Indian Kashmir
@apnachannel10253 жыл бұрын
Han lga he ap ky accent sy Ghalib kha ap NY past paper video mein well ap ki videos achi hn 💐 from Pakistan