تم الحل ✓
categoryاقتصاد عام
schoolبكالوريوس
event_available2026-07-15
السؤال
Transcribed Image Text:
Roland Incorporated manufactures and sells portable hair
dryers. If the price of a hair dryer is $ 174.00, then the
company sells 248 hair dryers per week, and the elasticity of
demand is -0.427. Assume that the demand function is
differentiable and that the only time the company sells
exactly 248 hair dryers per week is when the price of a hair
dryer is $ 174.00. Given this situation, which of the
following do you know MUST be true? [Hint: Recall that
marginal revenue is the derivative of revenue with respect to
quantity.]
a) The marginal profit is negative when Roland
marginal revenue is the derivative of revenue with respect to
quantity.]
a) The marginal profit is negative when Roland
sells 248 driers per week.
⚫ b) The marginal revenue is positive when Roland
sells 248 driers per week.
c) The marginal revenue is negative when Roland
sells 248 driers per week.
d) The marginal profit is positive when Roland
sells 248 driers per week.
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