A firm that sells​ e-books - books in digital form downloadable from the Internet​ - sells all​ e-books relating to​ do-it-yourself topics​ (home plumbing,​ gardening, and so​ on) at the same price. At​ present, the company can earn a maximum annual profit of ​$ when it sells copies within a​ year's time. The firm incurs a ​-cent expense each time a consumer downloads a​ copy, but the company must spend ​$ per year developing new editions of the​ e-books. The company has determined that it would earn zero economic profits if price were equal to average total​ cost, and in this case it could sell copies. Under marginal cost​ pricing, it could sell copies.
Part 2
In the short​ run, to the nearest​ cent, what is the​ profit-maximizing price of​ e-books relating to​ do-it-yourself topics? ​$

enter your response here.
Part 3
At the​ profit-maximizing quantity, to the nearest​ cent, what is the average total cost of producing​ e-books? ​$

enter your response here.

Answers

Answer 1

The profit-maximizing price of​ e-books relating to​ do-it-yourself topics is $5.35 and the average total cost of producing​ e-books is $4.35.

Profit-maximizing price and average total cost

a. Profit-maximizing price

The maximum that the firm can earn is $35,000 at a quantity of 35,000 copies

Fixed cost FC = $140,000

Variable cost vc=$0.35 per book

Total Revenue TR =P XQ

Total Revenue TR= P x 35,000

Total Cost TC = FC + VC XQ

Total Cost TC = 140,000 + (0.35×35,000)

Total Cost TC = 140,000 +$12,250

Total Cost TC = $152,250

Profit = TR- TE

35,000 = 35,000P- $152,250

35,000P=187,250

P=187,250/35,000 copies

P=$5.35

b. Average total cost

Average total cost=Total cost/Quantity

Average total cost= $152,250/35,000 copies

Average total cost=$4.35

Therefore the profit-maximizing price of​ e-books relating to​ do-it-yourself topics is $5.35 and the average total cost of producing​ e-books is $4.35.

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The complete question is:

A firm that sells​ e-books - books in digital form downloadable from the Internet​ - sells all​ e-books relating to​ do-it-yourself topics​ (home plumbing,​ gardening, and so​ on) at the same price. At​ present, the company can earn a maximum annual profit of ​$35,000 when it sells 35,000 copies within a​ year's time. The firm incurs a 35​-cent expense each time a consumer downloads a​ copy, but the company must spend ​$140,000 per year developing new editions of the​ e-books. The company has determined that it would earn zero economic profits if price were equal to average total​ cost, and in this case it could sell 40,000 copies. Under marginal cost​ pricing, it could sell 120,000 copies.

In the short​ run, to the nearest​ cent, what is the​ profit-maximizing price of​ e-books relating to​ do-it-yourself topics? ​

At the​ profit-maximizing quantity, to the nearest​ cent, what is the average total cost of producing​ e-books?


Related Questions

Separable differential equation
y’ln^2y+ysqrtx=0 y(0)=e

Answers

By applying the theory of separable ordinary differential equations we conclude that the solution of the differential equation [tex]\frac{dy}{dx} \cdot (\ln y)^{2} + y\cdot \sqrt{x} = 0[/tex] with y(0) = e is [tex]y = e^{\sqrt [3]{-2\cdot x^{\frac{3}{2} }+1}}[/tex].

How to solve separable differential equation

In this question we must separate each variable on each side of the equivalence, integrate each side of the expression and find an explicit expression (y = f(x)) if possible.

[tex]\frac{dy}{dx} \cdot (\ln y)^{2} + y\cdot \sqrt{x} = 0[/tex]

[tex](\ln y)^{2}\,dy = -y \cdot \sqrt{x}\, dx[/tex]

[tex]-\frac{(\ln y)^{2}}{y}\, dy = \sqrt{x} \,dx[/tex]

[tex]-\int {\frac{(\ln y)^{2}}{y} } \, dy = \int {\sqrt{x}} \, dx[/tex]

If u = ㏑ y and du = dy/y, then:

[tex]-\int {u^{2}\,du } = \int {x^{\frac{1}{2} }} \, dx[/tex]

[tex]-\frac{1}{3}\cdot u^{3} = \frac{2\cdot x^{\frac{3}{2} }}{3} + C[/tex]

[tex]u^{3} = -2\cdot x^{\frac{3}{2} } + C[/tex]

[tex](\ln y)^{3} = - 2\cdot x^{\frac{3}{2} } + C[/tex]

[tex]C = (\ln e)^{3}[/tex]

[tex]C = 1[/tex]

And finally we get the explicit expression:

[tex]\ln y = \sqrt [3]{-2\cdot x^{\frac{3}{2} }+ 1}[/tex]

[tex]y = e^{\sqrt [3]{-2\cdot x^{\frac{3}{2} }+1}}[/tex]

By applying the theory of separable ordinary differential equations we conclude that the solution of the differential equation [tex]\frac{dy}{dx} \cdot (\ln y)^{2} + y\cdot \sqrt{x} = 0[/tex] with y(0) = e is [tex]y = e^{\sqrt [3]{-2\cdot x^{\frac{3}{2} }+1}}[/tex].

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(h+k)(1) is
(k-h)(4) is
(k/h)(3) is
(h•k)(0) is
(k •h)(0) is
(h•k)(3) is
h(k(-2))

Answers

Answer:

Step-by-step explanation:

(h+k)(1)=h(1)+k(1)=2+(-1)=2-1=1

(k-h)(4)=k(4)-h(4)=0-(-1)=1

(k/h)(3)[tex]=\frac{k(3)}{h(3)} =\frac{-1}{0} =- \infty[/tex]

(h.k)(0)=h(0).k(0)=3(-2)=-6

(k.h)(0)=k(0).h(0)=-2(3)=-6

(h.k)(3)=h(3).k(3)=0(-1)=0

h(k(-2))=h(-3)=0


Find the smallest number such that
when divided by 18, the remainder
is 17, when divided by 20 the
remainder is 19 and when divided
by 24, the remainder is 23.

Answers

Answer:

I think the answer is 7

don't blame me if I'm wrong

Answer:

359

Step-by-step explanation:

the prime factors of the numbers are

18 = 2×3×3

20 = 2×2×5

24 = 2×2×2×3

the lowest common multiple is therefore

2×2×2×3×3×5 = 360

the difference between the checked divisor numbers and the expected remainder is constantly 1 :

18 - 17 = 1

20 - 19 = 1

24 - 23 = 1

so, we can deduct this constant 1 from the LCM and get the desired number :

360 - 1 = 359

verify :

359 ÷ 18 = 19 remainder 17

359 ÷ 20 = 17 remainder 19

359 ÷ 24 = 14 remainder 23

1. EL precio a la venta de una impresora de inyección de tinta es de $285.000 incluida una Ganancia del 35%. ¿cuánto le cuesta a la tienda cada impresora?

Answers

Excluyendo el componente de ganancia del coste para el consumidor según (1), la impresora tuvo un coste de $ 211.111,11 para el vendedor.

¿Cómo encontrar el precio de una impresora sin ganancia?

En el enunciado tenemos el precio de una impresora para el consumidor, el cual comprende el dinero invertido por vendedor más la ganancia esperada. Este indicador observa la siguiente fórmula:

C' = C · (1 + r/100)     (1)

Donde:

C - Coste asumido por el vendedor, en unidades monetarias.C' - Coste para el consumidor, en unidades monetarias.r - Tasa de ganancia, en porcentaje.

Si sabemos que C' = $ 285.000 y r = 35 %, entonces el coste asumido por el vendedor es:

285.000 = 1,35 · C'

C' ≈ 211.111,11

Excluyendo el componente de ganancia del coste para el consumidor según (1), la impresora tuvo un coste de $ 211.111,11 para el vendedor.

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Which expression can be used to calculateof formalin needed make this batch of 3200 pd the amount? The batch sugar 3% water 39% formalin 44% melamine 14% total 100 amount of pounds equal 3200

Answers

The appropriate expression to identify the amount of formalin is: x = 3200 ÷ 100 × 44%

How to identify the amount of formalin?

To calculate the amount of formalin in this substance we must perform the following mathematical operation:

3200 ÷ 100 = 3232 × 44% = 1,408

According to the above, the mathematical expression would be:

X = 3200 ÷ 100 × 44%

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what is π x 5
please tell me the answer as quick

Answers

Pi: 22/7
Pi x 5 = 22/7 x 5

15.71428571428571

For a population with μ = 60 , X=81, and σ = 12. Find the z-score for 81.

Answers

The z-score for 81 is 1.75

How to determine the z-score for 81?

The given parameters are:

μ = 60 , X=81, and σ = 12

The z scores is calculated using:

[tex]z = \frac{x - \mu}{\sigma}[/tex]

Substitute the given values

[tex]z = \frac{81 - 60}{12}[/tex]

Evaluate the difference

[tex]z = \frac{21}{12}[/tex]

Simplify

z = 1.75

Hence, the z-score for 81 is 1.75

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A baby weighed only 8.7 ounces at birth. How much lighter was she than an average baby, who weighs about 7 lb 8 ounces?

Answers

The baby is 111.3 ounces or 6.96 pounds lighter than an average baby.

What is weight ?

Weight is the measurement of Gravitational force on an object.

It can be zero as in the space.

It is given in the question that

A baby weighed only 8.7 ounces at birth

weight of an average baby is 7lb 8 ounces

1 lb = 16 ounce

an average baby weight = 7 * 16 +8 = 120 ounces

The baby weight is just 8.7 ounces

so the baby is 120-8.7 = 111.3 ounces lighter than an average baby.

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A sample of 25 provided a sample mean x = 14 and a sample standard deviation s = 4.32.
a. Compute the value of the test statistic

Answers

The value of the z test statistic will be 2.55.

What is the z test statistic?

The z test statistic is a statistical evaluation of a value's correlation to the mean of a collection of values, expressed in terms of standard deviation.

The z test statistics is given as

z = (x – μ) / σ

Where μ is the mean, σ is the standard deviation, and x is the sample.

A sample of 25 provided a sample mean μ = 14 and a sample standard deviation σ = 4.32.

Then the value of the z test statistic will be

z = (x – μ) / σ

z = (25 - 14) / 4.32

z = 11 / 4.32

z = 2.546 ≈ 2.55

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Determine whether it is a function

Answers

Answer:

Relation 3 is not a function, as s has two outputs: tree and desk. Relation 4 is not a function for the same reason. -1 has three outputs: -2, -4, and -7.

What is the value of 6¹?
6° = 1
6 = 6
6 = 36
6 = 216

A.220
B.240
C.864
D.1,296

Answers

Answer: D

Step-by-step explanation:  

6^4 = 6 x 6 x 6 x 6 = 1,296

6^4 = 1,296

What is the length of BC¯¯¯¯¯?

Answers

Answer:

meight you gotta do better then that

Step-by-step explanation:

a picture is probably necessary

Which of the following sets represents the range of the diagram below?​

Answers

The set that represents the range of the diagram below is given as follows:

B. {3, 5, 7}.

What is the range of a data-set?

It is the set that contains all possible output values.

In the diagram, we have that:

The input values are: {1,2,3,4,5}.The output values are: {3,5,7}.

Hence the set that represents the range of the diagram below is given as follows:

B. {3, 5, 7}.

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The function f(x) = 2·5x can be used to represent the curve through the points (1, 10), (2, 50), and (3, 250). What is the multiplicative rate of change of the function? 2 5 10 32

Answers

The multiplicative rate of change of the function f(x) = 2 × 5ˣ is 5.

What is Exponential Function?

An exponential function is a type of function in math that involves exponents. A basic exponential function is of the form f(x) = bˣ, where b > 0 and b ≠ 1.

The function is given as:

f(x) = 2 X 5ˣ

The above function is an exponential function.

An exponential function is represented as:

f(x) = abˣ

Where b represents the multiplicative rate

By comparison;

b = 5

Thus, the multiplicative rate of change of the function is 5.

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Answer:

B!!!!!!!!!!!!!!!!!!!!!!!

Step-by-step explanation:

write an exponential expression that shows (10 to the power of 4) to the power of 4 simplified

Answers

Answer: it could be

[tex](10^{4} ) ^{4}[/tex]

Step-by-step explanation:

Which of the numbers below are whole numbers?
A. 6282
B. 650
C. 87
D. 99.8
E. 442.49
F. 1/10

Answers

Answer:  A B C

Step-by-step explanation:

A whole number is like 1,500 and a nonwhole number is like 33.2 or like 55/100.  

And have a good day.

Identifying Proportional Relationships


Which graph represents a proportional relationship?

Answers

Answer:

I can't answer this if you don't have the answer choices

I'm sorry

The movement of the progress bar may be uneven because questions can be worth more or less (including zera
Round 608 to the nearest hundred.
O 610
Type here to search
O 700
O 500
O 600
4
Oi
1

Answers

Answer:

600

Step-by-step explanation:

Because the tens digit is less than 5, round down to 600

answer: 610 because you started at 608 and u need to get the nearest 10


A hose fills a hot tub at a rate of 5.2 gallons per minute. How many minutes will it take to fill a 600 gallon hot tub? (nearest tenth)

Answers

Answer:

115.38 is what I got when I tryed to work it out

y = 5x+1150Use your functions to calculate the total cost for each fridge after 6 months.

New Fridge:

Answers

Answer:

[tex]x = \frac{y - 1150}{5} [/tex]

Step-by-step explanation:

[tex]y - 1150 = 5x \\ \frac{y - 1150}{5} = x \\ x = \frac{y - 1150}{5} [/tex]

10 points need help finding area

Answers

Answer:

8 un^2

Step-by-step explanation:

to find this answer you must find the area of the rectangle and then the triangle

the rectangles area is

2 * 3 = 6 un^2

the traingle is

2 * 2 * 1/2 = 2 un^2

now you add them

6 + 2 = 8 un^2

Area is 8.:)))))))))))))

Which statement is true about the end behavior of the graphed function?

Answers

Step-by-step explanation:

both ends are going to the same direction so the degree is even. the right side is going up so the leading coefficient is positive.

Analyze the conditional statement below and complete the instructions that follow.
If an angle measures 90°, then it is a right angle.
Identify ~q.
O An angle does not have measure 90°.
OIt is not a right angle.
An angle measures 90°.
OIt is a right angle.

Answers

Answer: It is not a right angle.

find the roots of x^4-1=0​

Answers

Answer:

x = +1

x = -1

Step-by-step explanation:

x^4-1=0​

x^4=+1​

fourth root of x^4= fourth root of +1​

x = +1

x = -1

Task
On April 15, 1912, the Titanic struck an iceberg and rapidly sank with
only 710 of her 2,204 passengers and crew surviving. Data on survival
of passengers are summarized in the table below. (Data source:
http://www.encyclopedia-titanica.org/titanic-statistics.html)
a.
First class passengers
Second class passengers
Third class passengers
Total passengers
Survived
201
118
181
500
Did not survive
123
166
528
817
Total
324
284
709
1317
a. Calculate the following probabilities round your answers to three decimal points
i. If one of the passengers is randomly selected what is the probability that this passenger survived
iii. If one of the passengers is randomly selected what is the probability that this passenger was in first class and survived
iv. If one of the passengers is randomly selected from the first class passengers what is the probability that this passenger survived
v. If one of the passengers who survived is randomly selected what is the probability that this passenger was in first class
vi. If one of the passengers who survived is randomly selected what is the probability that this passenger was in third class?

Answers

The probability that a random passenger survived is 0.38

The probability that this passenger was in first class and survived is 0.153

The probability that the passenger in the first class survived is 0.620

The probability that the passenger that survived was in first class is 0.402

The probability that the passenger that survived was in third class is 0.362

What are the probabilities ?

The probability that a random passenger survived is 500 / 1317 = 0.38

The probability that this passenger was in first class and survived is 201 / 1317 = 0.153

The probability that the passenger in the first class survived is:  201 /324 = 0.620

The probability that the passenger that survived was in first class: 201/500 = 0.402

The probability that the passenger that survived was in third class is: 181 / 500 = 0.362

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Line l passes through point (−2,37) and line p is the graph of y+3=−5(x+4) .

If l is parallel to p what is the equation of l ?

Answers

The slope of line p is -5, so substitute into point-slope form, we get

[tex]\boxed{y-37=-5(x+2)}[/tex]

Need help anyone please!!!

Answers

the picture is blurred

A line has slope Four-thirds. Through which two points could this line pass?

Answers

Answer:

Two points this line can pass through (1, 4/3) and (2, 8/3)

Step-by-step explanation:

The equation of the line is written in the slope-intercept form,

y = mx + b

where m represents the slope

          b represents the y-intercept

where the format of a point is (x, y)

Given:

slope = 4 / 3equation: y = 4/3x

we can plug in a number for x to find y

when x = 0,

y = 4/3(0)

y = 0

point: (0,0)

when x = 1,

y = 4/3(1)

y = 4/3

point: (1, 4/3)

when x = 2,

y = 4/3(2)

y = 8/3

point: (2, 8/3)

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Help please I need asap

Answers

Answer: -120

Step-by-step explanation:

[tex]2\sum^{4}_{p=1} (p^{2}-9p)=2[(1^{2}-9(1))+(2^{2}-9(2))+(3^{2}-9(3))+(4^{2}-9(4))]=\boxed{-120}[/tex]

What is the present value of a cash inflow of 1250 four years from now if the required rate of
return is 8% (Rounded to 2 decimal places)?

Answers

Using simple interest, it is found that the present value of the cash inflow is of 947.

Simple Interest

Simple interest is used when there is a single compounding per time period.

The amount of money after t years in is modeled by:

A(t) = A(0)(1 + rt)

In which:

A(0) is the initial amount.r is the interest rate, as a decimal.

In this problem, the parameters are given as follows:

r = 0.08, t = 4, A(t) = 1250.

We have to solve for A(0) to find the present value, hence:

A(t) = A(0)(1 + rt)

1250 = A(0)(1 + 0.08 x 4)

A(0) = 1250/1.32

A(0) = 947.

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