The MR is the slope of the TR function. In this case, the slope is -3, and the intercept (P value) is 20, when Q=0. This means, for every one unit of quantity sold, the MR falls by ₹3.
1. The owner of a knitting mill knows that at a price of $ 25 per sweater, he will be able to sell the day’s output so long as that output is no more than 100 sweaters. Write the revenue for each day as a function of Q, the number of sweaters available that day.
. Given a total revenue function TR=12Q-Q2, find a. find the marginal revenue function b. find the average revenue function c. evaluate the marginal and average revenue functions at=5
just a small observation you state the Marginal Revenue is a function of quantity sold and write MR = f(Q) and I suppose you are thinking of a general function of operator but I suggest you do not do that since you have already asserted R = f(Q) that will confuse the uninitiated. I would make sure for your readers you do not give an impression you don mean that. how about MR = f'(s) which a rate of change of R with respect to Q. Just something to consider. Cheers!
Solve this one For a certain product, the demand function is D(Q)=1000-25Q and supply function is S(Q)=100+Q^2 Compute the consumer and producer surplus.
machines produce "q" number of machines in a week and the total cost is 2q square+ 156q + 5000. The demand for his product is given by P = 1200 - 16q and the price per machine is P. 1. Find the profit function 2. Find the maximum profit for a week
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video anda sangat bagus dan mempunyai mesej yang luas terima kasih
This was more helpful then my professor's videos, Khan Acad and other videos I watched. One question: What's the intercept of the MR(F)?
The MR is the slope of the TR function. In this case, the slope is -3, and the intercept (P value) is 20, when Q=0. This means, for every one unit of quantity sold, the MR falls by ₹3.
1. The owner of a knitting mill knows that at a price of $ 25 per sweater, he will be able to sell the day’s output so long as that output is no more than 100 sweaters.
Write the revenue for each day as a function of Q, the number of sweaters available that day.
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Sir give more such explanation of product,cost, and revenue in calculus form
I think P = 20-3Q is the “inverse demand” because the expression is in terms is price verses quantity
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Precisely explained.👍👍👍
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That was very helpful
Please put cost function, Profit function and Consumption function will most helpful to students at present
. Given a total revenue function TR=12Q-Q2, find
a. find the marginal revenue function
b. find the average revenue function
c. evaluate the marginal and average revenue functions at=5
Legend!
just a small observation you state the Marginal Revenue is a function of quantity sold and write MR = f(Q) and I suppose you are thinking of a general function of operator but I suggest you do not do that since you have already asserted R = f(Q) that will confuse the uninitiated. I would make sure for your readers you do not give an impression you don mean that. how about MR = f'(s) which a rate of change of R with respect to Q. Just something to consider. Cheers!
Solve this one
For a certain product, the demand function is D(Q)=1000-25Q and supply function is S(Q)=100+Q^2
Compute the consumer and producer surplus.
My lecture is using x instead of quantity is that ok for me to just replace the x where there is Q
thank you. helped me understand it better. Is the average revenue function the same as revenue function?
Thank you so much !!!! So helpful
How do you solve P(Q) = 10 - 2Q ? The “Q” in front of the P confused me a bit.
the answer is 10q - 2q^2 since we just expand the number
@@omarmokhtar3988 that is, if it has originally p=10-2Q
TR=PxQ
Giving you the "10Q-2Q^2"
Thank you so much .. i have been lookin how to derive the derivation function..
this is very helpful. thank you so much!
What if they provide me a price ! What should I do?
This is helpfull 👍
Excellent
Character In the video It's great, I like it a lot $$
How do i arrive at :
If P =80-3Q
Show that
MR=2p-80
Which I think is unrealistic expectation. If you can? Show me how. Thanks
Thanks, your video and content is really in a good quality.
U rock man
find out marginal cost of the average cost function AC=4q2+3q+2??
Very helpful
Plz sir make a video about the LR and SR under the monopoly firm with numerical or problems.
Thanks ....
machines produce "q" number of machines in a week and the total cost is 2q square+ 156q + 5000. The demand for his product is given by P = 1200 - 16q and the price per machine is P.
1. Find the profit function
2. Find the maximum profit for a week
Thanks a lot Sir
Watching this in Nov,2021❤️
Therefore function is (n)Q^n-1...where we can get n? You were write that (2)Q..how to get (2)?
Thank you so much Sir.
For other: watch it at 2x speed, if in hurry.
Thank you!
Thank you
Thanks this helped me for my calc class
Please make more videos...
king ! thank you
Why you didn't send full answer
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T H A N K Y O U
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video anda sangat bagus dan mempunyai mesej yang luas terima kasih
Thank you Sir
video anda sangat bagus dan mempunyai mesej yang luas terima kasih