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Radon Research Corporation (Rrc)is One of 24 Firms in Albuquerque

Question 82
Multiple Choice

Radon Research Corporation (RRC)is one of 24 firms in Albuquerque testing homes for dangerous levels of radon gas.There is a standard test that all testing companies use.The manager of RRC wants to know the number of homes to test in 2021in order to maximize the firm's profit.The manager forecasted a price of $160 for radon tests in 2021.The firm's marginal cost was estimated as img where Q is the number of tests performed each week.RRC's fixed cost will be $250 per week.How many radon tests per week should be undertaken? A)12.5 B)15.5 C)16.8 D)17.3 E)20

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Q 83
Radon Research Corporation (RRC)is one of 24 firms in Albuquerque testing homes for dangerous levels of radon gas.There is a standard test that all testing companies use.The manager of RRC wants to know the number of homes to test in 2021in order to maximize the firm's profit.The manager forecasted a price of $160 for radon tests in 2021.The firm's marginal cost was estimated as where Q is the number of tests performed each week.RRC's fixed cost will be $250 per week.The weekly profit (loss)at RRC in 2021will be A)$121 B)$320 C)$86 D)$61 E)$121
Q 84
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Q 85
Sport Tee Corporation manufactures T-shirts bearing the logos of professional football teams.The wholesale market for sport T-shirts is perfectly competitive.The manager forecasts the wholesale price of T-shirts next year to be $7.00.The firm's estimated marginal cost is where Q is the number of T-shirts produced and sold each month.Sport Tee Corporation will have a fixed cost of $2,000 per month.To maximize profit how many T-shirts should be produced and sold each month? A)1,000 B)2,000 C)3,000 D)4,000 E)5,000
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