. 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
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.
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.
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.
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!
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
. 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
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.
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.
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.
oohh thank you very much for the good explanation 👍🏻👍🏻
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Thanks Bro. You saved my live here!
I think P = 20-3Q is the “inverse demand” because the expression is in terms is price verses quantity
It's really nice learning here
Sir give more such explanation of product,cost, and revenue in calculus form
Vividly explained.Thank you🙏🏽
The video sound is pretty good, beyond my imagination
In germany we call this type of person „ehrenmann“. You saved my economics exam
wow... that was short and helpful thank you
Your content is so touching
Please put cost function, Profit function and Consumption function will most helpful to students at present
You helped so much !! Thank you
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!
I have an exam tomorrow and this literally saved me
Thankkkkk youuuuuu sooooo muchhhhhhhhh. You made it so easyyyyyyyy.
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
Excellent ❤❤❤❤❤❤❤
Very helpful ..thank u
That was very helpful
Really helpful 👍 great effort sir
Thank you so much !!!! So helpful
Watching this in Nov,2021❤️
thank you. helped me understand it better. Is the average revenue function the same as revenue function?
Great video
My lecture is using x instead of quantity is that ok for me to just replace the x where there is Q
Greetings from germany! Very good video!
Thank you so much .. i have been lookin how to derive the derivation function..
this is very helpful. thank you so much!
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
Thank you so much Sir.
For other: watch it at 2x speed, if in hurry.
Thanks a lot Sir
Character In the video It's great, I like it a lot $$
Legend!
Precisely explained.👍👍👍
Really nice video, my friend. Greetings from Denmark!
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"
Very helpful
Plz sir make a video about the LR and SR under the monopoly firm with numerical or problems.
Thanks ....
Therefore function is (n)Q^n-1...where we can get n? You were write that (2)Q..how to get (2)?
This is helpfull 👍
Excellent
Thank you!
find out marginal cost of the average cost function AC=4q2+3q+2??
Thanks sir
What if they provide me a price ! What should I do?
Thanks, your video and content is really in a good quality.
Thanks this helped me for my calc class
Thank you!!
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Please make more videos...
Tq sir
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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