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How do you find the monthly revenue function from demand function?
Wiki User
∙ 10y ago
find montly revenue with demand euations x=400-50p+40q, y=200+60p-70q
Wiki User
∙ 10y ago
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How do you find average monthly revenue?
Divide the yearly revenue by 12.
Why MR curve is always half of demand curve explain graphically?
Marginal Revenue is the derivate (rate of change) of total revenue. Total revenue is = Price x Quantity. For instance, if the demand curve was Q = 100 - P, find the inverse demand (P = 100 - Q). Total Revenue = 100Q-Q^2Therefore marginal revenue is the derivative of 100Q - Q^2.MR = 100 - 2Q (thus twice the negative slope).In short: inverse demand x Q, find the derivative.Source(s):Microeconomic Theory Class
How do you find critical value for a total revenue function?
If it is a differentiable function, you find the value at which its derivative is 0. But in general, you can plot it as a line graph and see where it peaks.
How do you achieve the profit maximizing price?
Let the demand facing a firm for its product be expressed by the following functions Q=25-0.5P Where Q=quantity and P=price, and cost function as C=25-2Q+4Q2 Compute a) Profit maximizing output, b) Justify profit maximizing output
How Can I Find Out More About State And Federal Business Taxes?
The Internal Revenue Service (IRS) can help you in identifying specific taxes required to function your company.
How do you find percent of revenue for cost?
cost/revenue x100%
Is the price elasticity constant along the demand curve?
Price elasticity of demand is equal to the instantaneous slope of the demand curve, or the slope of the tangent line at any point on the demand curve. So if the demand curve is represented by a straight downward sloping line, then yes, price elasticity of demand is equal to the slope of the demand curve. Otherwise, the slope at any point on the curve is changing, and you can find the it by taking the derivative of the demand curve function, which will find the Price elasticity of demand at any single point. Thus, the Price Elasticity of Demand changes at different points on the demand curve.
How do find the consumer surplus given only the demand function and price?
You count how many widgits are left after profit maximization has been achieved.
Why Papetti's brand frozen omelets which are now made by Michael Foods are so hard to find?
Michael Foods changes product distribution areas depending on sales revenue and store demand. When a food product loose demand, the company might start to phase it out by stopping production.
Where can I find a list revenue for the state of AZ?
A list of revenue for the state of Arizona can be found by Googling the Arizona Department of Revenue. Here is a link to the Arizona Department of Revenue: http://www.azdor.gov/ You can then navigate on the site to find the information you are looking for.
Where can one find canada revenue agency forms?
One can find Canada Revenue Agency forms on the official Canada Revenue Agency website. Simply visit the website and click the "Find a form of publication" link.
How can you find the DD in Demand Draft?
A DD refers to a Demand Draft. Can you explain on what exactly you want to find in a Demand Draft?
