Business
Business, 12.10.2021 01:00, catdog2230

when researchers define the objectives and needs of their project, what are they trying to establish?

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Business, 21.06.2019 23:00, Tywan566
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Business, 22.06.2019 16:30, bedsaul12345
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Business, 23.06.2019 01:00, robert7248
The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?
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Business, 23.06.2019 01:00, shelovejaylocs
Why does the downward-sloping production possibilities curve imply that factors of production are scarce?
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when researchers define the objectives and needs of their project, what are they trying to establish...

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