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The Zinger Company: Total Cost, Marginal Revenue and Price
Zinger Company makes and sells a sewing machine line.
manufactures and sells a line of sewing machines. Demand (Q) is represented by
the equation below:

Q = 400 – .5P

P = price.

The total cost of making Q units/period are represented by:

TC = 20,000 + 50Q + 3Q2.

What is the expression for total profits in terms of Q?

a. 20,000 – 750Q + 5Q2
b. -20,000 + 750Q – 5Q2
c. 800Q – 2Q2
d. 400Q – .5PQ

What is the marginal revenue function for Zinger Company?

a. 2Q2 – 800
b. 400 – 2Q2
c. 800 – 2Q
d. 800 – 4Q

What price will be charged?

a. $650/unit
b. $65/unit
c. $6500/unit
d. $6.50/unit

The Zinger Company: Total Cost, Marginal Revenue and Price
Zinger Company makes and sells a sewing machine line.
manufactures and sells a line of sewing machines. Demand (Q) is represented by
the equation below:

Q = 400 – .5P

P = price.

The total cost of making Q units/period are represented by:

TC = 20,000 + 50Q + 3Q2.

What is the expression for total profits in terms of Q?

a. 20,000 – 750Q + 5Q2
b. -20,000 + 750Q – 5Q2
c. 800Q – 2Q2
d. 400Q – .5PQ

What is the marginal revenue function for Zinger Company?

a. 2Q2 – 800
b. 400 – 2Q2
c. 800 – 2Q
d. 800 – 4Q

What price will be charged?

a. $650/unit
b. $65/unit
c. $6500/unit
d. $6.50/unit

The Zinger Company: Total Cost, Marginal Revenue and Price
Zinger Company makes and sells a sewing machine line.
manufactures and sells a line of sewing machines. Demand (Q) is represented by
the equation below:

Q = 400 – .5P

P = price.

The total cost of making Q units/period are represented by:

TC = 20,000 + 50Q + 3Q2.

What is the expression for total profits in terms of Q?

a. 20,000 – 750Q + 5Q2
b. -20,000 + 750Q – 5Q2
c. 800Q – 2Q2
d. 400Q – .5PQ

What is the marginal revenue function for Zinger Company?

a. 2Q2 – 800
b. 400 – 2Q2
c. 800 – 2Q
d. 800 – 4Q

What price will be charged?

a. $650/unit
b. $65/unit
c. $6500/unit
d. $6.50/unit

The Zinger Company: Total Cost, Marginal Revenue and Price
Zinger Company makes and sells a sewing machine line.
manufactures and sells a line of sewing machines. Demand (Q) is represented by
the equation below:




Q = 400 – .5P

P = price.

The total cost of making Q units/period are represented by:

TC = 20,000 + 50Q + 3Q2.

What is the expression for total profits in terms of Q?

a. 20,000 – 750Q + 5Q2
b. -20,000 + 750Q – 5Q2
c. 800Q – 2Q2
d. 400Q – .5PQ




What is the marginal revenue function for Zinger Company?

a. 2Q2 – 800
b. 400 – 2Q2
c. 800 – 2Q
d. 800 – 4Q




What price will be charged?

a. $650/unit
b. $65/unit
c. $6500/unit
d. $6.50/unit




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