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
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.
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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You've explained this so well and in simple terms, I cannot thank you enough !! ❤ I've even subscribed.
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Simplified explanation . I cannot thank you enough
Sir you are a good teacher. Thank you so much ❤
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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.
great video it deserves more views and likes
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.
oohh thank you very much for the good explanation 👍🏻👍🏻
Thanks Bro. You saved my live here!
It's really nice learning here
Sir give more such explanation of product,cost, and revenue in calculus form
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Vividly explained.Thank you🙏🏽
. 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
In germany we call this type of person „ehrenmann“. You saved my economics exam
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.
You helped so much !! Thank you
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The video sound is pretty good, beyond my imagination
That was very helpful
Thank you so much !!!! So helpful
I think P = 20-3Q is the “inverse demand” because the expression is in terms is price verses quantity
Legend!
Very helpful ..thank u
I have an exam tomorrow and this literally saved me
Really helpful 👍 great effort sir
Watching this in Nov,2021❤️
Thank you so much .. i have been lookin how to derive the derivation function..
Great video
Thanks a lot Sir
Greetings from germany! Very good video!
this is very helpful. thank you so much!
Really nice video, my friend. Greetings from Denmark!
Please put cost function, Profit function and Consumption function will most helpful to students at present
Thank you!
Character In the video It's great, I like it a lot $$
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!
Precisely explained.👍👍👍
Thank you!!
thank you. helped me understand it better. Is the average revenue function the same as revenue function?
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
U rock man
Thank you so much Sir.
For other: watch it at 2x speed, if in hurry.
Excellent
This is helpfull 👍
Very helpful
king ! thank you
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
Plz sir make a video about the LR and SR under the monopoly firm with numerical or problems.
Thanks ....
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"
Thanks, your video and content is really in a good quality.
Tq sir
Please make more videos...
Therefore function is (n)Q^n-1...where we can get n? You were write that (2)Q..how to get (2)?
Thanks this helped me for my calc class
Thanks sir
thanks a lotttt
blessed
best
find out marginal cost of the average cost function AC=4q2+3q+2??
Thank you Sir
What if they provide me a price ! What should I do?
thanks, i hope you can teach me anymore
Why you didn't send full answer
T H A N K Y O U
Hi
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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