Provide an appropriate response.A monopolist produces two products, A, and B. The joint-cost function is
where c is the total cost of producing qA units of A and qB units of B. the demand functions for these products are given by
and
where pA and pB are the prices of A and B, respectively. The number of units of A and the number of units B that should be sold to maximize the monopolist's profit is
A. 10 units of A and 15 units of B.
B. 75 units of A and 100 units of B.
C. 50 units of A and 75 units of B.
D. 25 units of A and 50 units of B.
E. 15 units of A and 25 units of B.
Answer: D
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Solve the problem.The table below summarizes the construction cost of a set of homes (excluding the lot cost) along with the square footage of the home's floor space. Find a linear equation that relates the construction cost in thousands of dollars to the floor space in hundreds of square feet by finding the least squares line for the data.
A. y = 7.97x - 13.54 B. y = 7.87x - 13.08 C. y = 8.13x - 12.79 D. y = 8.13x
Find the derivative of the function.r =
A. r ' = -
B. r ' =
C. r ' =
D. r ' =
Determine the slope and the y-intercept for the linear equation. Graph the line.y = x - 1
A. m = - , y-intercept: (0, -1)
B. m = , y-intercept: (0, -1)
C. m = - , y-intercept: (0, 0)
D. m = , y-intercept: (0, 0)
Evaluate the expression.74 - 4 ? 3 + 120 ÷ (-6)
A. 42 B. 190 C. -32 D. -1435