Question
Consider the cubic total cost function
Assume that the price of q is 15 per unit. Find the output which yields maximum profit.
b) Apply dominance to find the optimum strategies of A and B from the pay-off matrix given below
| Player B | |||
| u | v | ||
| x |
|
| |
| Player A | y |
|
|
| z |
|
| |
c) Suppose that the previous forecast was 2090 and the actual value of the variable of interest for the period was 1985 and the oldest value of interest was 1955. Using the moving average technique based upon the most recent four observations find new forecast for the next period.
Answer :
Word Count : 290
The total revenue is (R = 15q). Hence profit is (\pi = R - C = 15q - (0.06q^{3} - 0.8q^{2} + 13q + 10) = -0.06q^{3} + 0.8q^{2} + 2q - 10). For maximum profit, (\dfrac{d\pi}{dq} = -0.18q^{2} + 1.6q + 2 = 0). Multiplying by 100 gives ( -18q^{2} + 160q + 200 = 0), or _______ _____ _________ ___ ____ ________.
____ _________ _____ ________ ____ ___ __________ ______ _______ __________.
_____ __________ __________ _______ ________ _____ _________ ______ ___ ____.
_____ __________ ___ ___ ___.
________ _________ _______ ____ __________ __________ ___.
_________ ______ ______ ______ ____ ______ _________.
____ ______ _________ ______ ____ _________ ____ _________ __________ ______.
_________ _________ ___ ___ ______ ______.
_______ ____ ___ ___ __________ ____ ____.
_____ _________ __________ ___ ______ _____ ________.
__________ __________ ____ ____ _____ _____ ______ ____ __________ _________ _________.
_________ ______ ____ _________ _________ __________ __________.
_____ _____ ________ _________ ___ __________ _______ ________ _____ _______ ______.
_________ _________ ___ _______ _______ _________ ____ _______.
_______ ______ ___ ________ ______ _____ _____.
________ ______ __________ ___ _______ _____.
_____ _______ ____ ____ ________ __________ _______ __________ _____.
___ __________ _______ _______ _______.
_________ ____ ___ _______ _____ ________ ____ ___ _______.
______ ______ _______ ________ ___.
_____ ______ ____ ___ ___ _______ ____ ____.
______ ____ _______ _______ _________ _________ ____ _______.
_________ _____ __________ _____ ___.
_____ _______ _____ __________ ____ ___ _________ ______ ___ ____ ____ ________.
______ ____ ______ _______ ________ _____.
___ _____ __________ _________ ________ ___ ____ ________ _________ _________ _______.
_____ __________ _____ ________ _____ _______ _______ ______.
____ _______ _________ ____ ______ ____ ___ ___.
____ ______ ____ ________ __________ _________.
___ __________ __________ _____ _______ _____.
______.
Get Full Answer on WhatsApp
The total revenue is (R = 15q). Hence profit is (\pi = R - C = 15q - (0.06q^{3} - 0.8q^{2} + 13q + 10) = -0.06q^{3} + 0.8q^{2} + 2q - 10). For maximum profit, (\dfrac{d\pi}{dq} = -0.18q^{2} + 1.6q + 2 = 0). Multiplying by 100 gives ( -18q^{2} + 160q + 200 = 0), or _______ _____ _________ ___ ____ ________.
____ _________ _____ ________ ____ ___ __________ ______ _______ __________.
_____ __________ __________ _______ ________ _____ _________ ______ ___ ____.
_____ __________ ___ ___ ___.
________ _________ _______ ____ __________ __________ ___.
_________ ______ ______ ______ ____ ______ _________.
____ ______ _________ ______ ____ _________ ____ _________ __________ ______.
_________ _________ ___ ___ ______ ______.
_______ ____ ___ ___ __________ ____ ____.
_____ _________ __________ ___ ______ _____ ________.
__________ __________ ____ ____ _____ _____ ______ ____ __________ _________ _________.
_________ ______ ____ _________ _________ __________ __________.
_____ _____ ________ _________ ___ __________ _______ ________ _____ _______ ______.
_________ _________ ___ _______ _______ _________ ____ _______.
_______ ______ ___ ________ ______ _____ _____.
________ ______ __________ ___ _______ _____.
_____ _______ ____ ____ ________ __________ _______ __________ _____.
___ __________ _______ _______ _______.
_________ ____ ___ _______ _____ ________ ____ ___ _______.
______ ______ _______ ________ ___.
_____ ______ ____ ___ ___ _______ ____ ____.
______ ____ _______ _______ _________ _________ ____ _______.
_________ _____ __________ _____ ___.
_____ _______ _____ __________ ____ ___ _________ ______ ___ ____ ____ ________.
______ ____ ______ _______ ________ _____.
___ _____ __________ _________ ________ ___ ____ ________ _________ _________ _______.
_____ __________ _____ ________ _____ _______ _______ ______.
____ _______ _________ ____ ______ ____ ___ ___.
____ ______ ____ ________ __________ _________.
___ __________ __________ _____ _______ _____.
______.
Get Full Answer on WhatsApp
IGNOU NEWS
Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★