subject

Patent Ted's Pharmaceutical Company is the only maker of a drug that cures laziness. The table below provides a portion if Patrnt Ted's demand schedule. Patent Ted's demand curve is linear

Price Quantity demanded
$101 0
$100 1
$51 50
$50 51
$1 100
$0 101

a. Draw Patent Ted's demand curve on the graph
b. Draw Patent Ted's marginal revenue curve on the graph for part a
c. Labes as A the point along the quantity axis at which the price elasticity of demand is 1
d. Each pill cost Patent Ted $10 to produce. Draw the company's marginal cost curve on the graph
e. On the graph label the profit maximizing price P and the profit maximizing quantity Q
f. Suppose patent Ted has no fixed cost . Completely shade in the area on the graph that represents profit

ansver
Answers: 2

Another question on Advanced Placement (AP)

question
Advanced Placement (AP), 24.06.2019 02:00
If the limit, as x approaches infinity (or negative infinity) of a function is equal to a, we say that the line y = a is a of the function f.
Answers: 2
question
Advanced Placement (AP), 25.06.2019 11:50
Some studies have found that what percentage of students have cheated in some form? a. 10% b. 25% c. 45% d. 75%
Answers: 1
question
Advanced Placement (AP), 25.06.2019 12:30
Which of these is a lower subgroup a. kingdom b. order c.genus d. species
Answers: 1
question
Advanced Placement (AP), 26.06.2019 04:00
Indicates a bal of .08 or higher. a. compulsive behavior b. weakened vision c. reduced control of vehicle speed d. loss of judgment
Answers: 1
You know the right answer?
Patent Ted's Pharmaceutical Company is the only maker of a drug that cures laziness. The table below...
Questions
question
Mathematics, 20.02.2022 04:00
Questions on the website: 13722363