If price is $25 when the price elasticity of demand is -0.5, then marginal reven

Question

If price is $25 when the price elasticity of demand is -0.5, then marginal revenue must be:

Answer

$25

-$25

$12.50

$37.50

$50

California imposes strict new regulations on the blending of gasoline that increase production costs. As a result, the

Answer

demand for and supply of gasoline will not change

supply of gasoline will increase

demand for gasoline will increase

demand for gasoline will decrease

supply of gasoline will decrease

Leisure Enterprise's total cost of producing speedboats is given by TC = 10Q3 - 4Q2 + 25Q + 500. On the basis of this information, the marginal cost of producing the twenty-fifth speedboat is

Answer

$1,700

$18,775

$19,075

$6,050

$18,575

$25

-$25

$12.50

$37.50

$50

California imposes strict new regulations on the blending of gasoline that increase production costs. As a result, the

Answer

demand for and supply of gasoline will not change

supply of gasoline will increase

demand for gasoline will increase

demand for gasoline will decrease

supply of gasoline will decrease

Leisure Enterprise's total cost of producing speedboats is given by TC = 10Q3 - 4Q2 + 25Q + 500. On the basis of this information, the marginal cost of producing the twenty-fifth speedboat is

Answer

$1,700

$18,775

$19,075

$6,050

$18,575

Explanation / Answer

1)$12.50

2)

$19,075

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.