I’m dyslexic please write clearly Feb 23The price-demand equation for the production of x ski jackets is given by: p 200 - 0.2x1.Write the revenue function.2.Find the total revenue when 80 ski jackets are produced and sold.3. Find the marginal revenue function.4. Evaluate the marginal revenue at x = 80.5. Interpret the results from #4. 236. Find the average revenue function.7. Find the average revenue when 80 ski jackets are sold.8. Find the marginal average revenue function.9. Evaluate the marginal average revenue at x = 80.10. Interpret the results from #9.

0.2x The price-demand equation for the production of x ski jackets is given by: p = 200 1. Write the revenue function. 2. Find the total revenue when 80 ski jackets are produced and sold. F. Find the marginal revenue function.

0.2x The price-demand equation for the production of x ski jackets is given by: p = 200 1. Write the revenue function. 2. Find the total revenue when 80 ski jackets are produced and sold. F. Find the marginal revenue function.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter3: Demand Analysis

Section: Chapter Questions

Problem 1.7CE

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I’m dyslexic please write clearly

Feb 23
The price-demand equation for the production of x ski jackets is given by: p 200 - 0.2x
1.
Write the revenue function.
2.
Find the total revenue when 80 ski jackets are produced and sold.
3. Find the marginal revenue function.
4. Evaluate the marginal revenue at x = 80.
5. Interpret the results from #4.

23
6. Find the average revenue function.
7. Find the average revenue when 80 ski jackets are sold.
8. Find the marginal average revenue function.
9. Evaluate the marginal average revenue at x = 80.
10. Interpret the results from #9.

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