A firm exclusively produces a product with a demand function reverse is
first
75
5
P Q   and the total cost function is 1 14 3 2 C(Q) Q Q 15Q+5.
10 5
  
Where, Q is the output, P is the unit price of the product.
a) (CLO1.3, CLO2.2, CLO4.2) Determine the level of output and selling price to maximize profit.
b) (CLO1.3, CLO2.2, CLO4.2) Calculate and state the significance of the price elasticity of demand and
optimal output.

answer: a video game has three difficulty levels: easy, medium, and expert. the game's scoring works in such a way that a player has to score a fixed number of points to advance to the next level, and then the scoring starts over. the total score needed to clear all three difficulty levels is 7,500. two times the number of points needed to clear the easy level is 500 more than the number of points needed to clear the medium level. twice the number of points needed to clear the medium difficulty level is 1,500 more than the number of points needed to clear the expert level. if x, y, and z represent the easy, medium, and expert levels, respectively, and a is the coefficient matrix of the system of equations modeling this situation, identify the inverse matrix, a-1, and the solution matrix, x, of the system of equations.

ask for details followreport by buttfacelily 2 minutes ago

answers

rauschg

rauschg · hand

know the answer? add it here!

step-by-step explanation:

asdasdsad

step-by-step explanation:

the functions have the same rate of change i think. i narrowed it down to this answer and "the rate of change of tour 1 is greater" but i got it wrong using that answer so im assuming its the answer above. (this is a question i also answered from the iready site if anyone needs a reference)