I'm using this formula: Profit Margin = (Revenue - Expenses) / Revenue. I'm trying to understand what my projected revenue would be given my profit margin and estimated cost. I'm looking for …

Calculate the amount of tax revenue collected by the government and the distribution of tax payments between buyers and sellers. Now so far i could do the following

2) Find the level of production that will maximize revenue. 3)Suppose there is a fifxed cost of $174500, to set up the manufacture and a producing cost of 125 dollars per unit.

The Elasticity of Q with respect to P can be calculated by: $\eta_Q,_P = P/Q*dQ/dP$ With this we see that the elasticity of supply is 3 and the elasticity of demand is -5 Can we use these to find …

Nov 18, 2015 · I have a maths related question and I was hoping that you could help me out. I'm trying to understand why, when differentiating the total revenue function, one is required to …

Oct 24, 2018 · Elasticity of Demand:How to Calculate Maximum Revenue Ask Question Asked 7 years ago Modified 7 years ago

Using Calculus to find total and maximum revenue and profit Ask Question Asked 12 years, 3 months ago Modified 9 years, 7 months ago

2010 Total Quantity: 8 Customer 1 Contribution to total change in quantity: .125 = (2/8) * 0.5 If I did a similar calculation for Customer 2, the sum of the two contributions would equal the total …

Nov 20, 2014 · Here is t=8. It it not the value, which maximizes the governments total tax revenue. The grey area is the producer surplus. The red area is the consumer surplus (not complete in …

Usually it is total cost of production, not cost per unit. On the other hand you've been given a fixed price per unit, from which you can deduce a revenue function.