Question

14 Orange-U-happy is an orange-scenteldeaning produthal is manu- factured in disposable doth pads. Each box of 100 pads sonts $5 to man. ufacture. The fixed costs for Orange-1-Hapoy a $30,000. The research development group of the company has determined the demand func- tion to her = 5000 - 20.060, where p is the price for each box a. Write the expense cuation in terms of the demand, b. Expres the expense function in terms of the price 9 c. Write the revenue function in terms of price. p.​

Answer 1

The expense equation is (5000 - 20p) * 5, the expense function in terms of price is (5000 - 20p) * 5, and the revenue function in terms of price is (5000 - 20p) * p.

Step-by-step explanation:

The expense equation can be written in terms of demand by multiplying the demand function by the price. In this case, the demand function is given as q = 5000 - 20p, where q represents the quantity demanded and p represents the price. So the expense equation in terms of demand would be: Expense = q * Cost Per Unit = (5000 - 20p) * 5.

The expense function in terms of price can be found by substituting the given demand function into the expense equation. So the expense function in terms of price would be: Expense = (5000 - 20p) * 5.

The revenue function can be found by multiplying the demand function by the price. So the revenue function in terms of price would be: Revenue = q * Price = (5000 - 20p) * p.

Answer 2

Consider the following statements, Each box of 100 pads of an orange-u happy costs$5 to manufacturer. The variable costs for manufacturing q boxes at 100 pads will be V=5.4

Step-by-step explanation: