The management of ACrosonic plans to market the ElectroStat, an electrostatic speaker system. The marketing department has determined that the demand function for the speakers is p=−0.4x+800(0≤x≤20,000) where p denotes the speaker's unit price (in dollars) and x denotes the quantity demanded. a. Find the revenue function, R.
b. Find the marginal revenue function, R'.
c. Compute R' (500), and interpret your results.

What do economists mean when they use the latin expression ceteris paribus?

Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit. the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not

In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of: