The demand for a new computer game can be modeled by p (x )equals 48.5 minus 5 ln x​, for 0less than or equalsxless than or equals​800, where​ p(x) is the price consumers will​ pay, in​ dollars, and x is the number of games​ sold, in thousands. Recall that total revenue is given by R (x)= x * p (x). Complete parts​ (a) through​ (c) below. a. Find R(x).

b. Find the marginal revenue, R'(x)

c. Is there any price at which revenue will be maximized? Why or why not? Choose the correct answer below.

a. No, because p(x)R'(x). Therefore, the revenue cannot be maximized.

b. No, because the marginal revenue, R'(x), has no maximum. Therefore, revenue will always increase

c. Yes, because the revenue will be maximized when R(x)-R'(x). The price to the consumer would be $:

d. Yes, because the revenue will be maximized when R'(x)=0. The price to the consumer would be $:

James sebenius, in his harvard business review article: six habits of merely effective negotiators, identifies six mistakes that negotiators make that keep them from solving the right problem. identify which mistake is being described. striving for a “win-win” agreement results in differences being overlooked that may result in joint gains.

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.