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,PassMates 0680538213 0612621185 0717513144
, Answer 2
Slope = change in Price/change in quantity
TAKE two points (36;0) & (32;2)
Slope = (2 - 0)/(32 - 36) = 2/-4 = -0.5
USE y = mx + c for standard equation
Where m –is slope, and c is y-intercept (when Q is zero)
P = 18 – 0.5Q demand curve
TR = P * Q
TR = (18 – 0.5Q)Q = 18Q – 0.5Q2
MR = 18 – Q
MC = 10; MR = 18 – Q
18 – Q = 10
-Q = 10 – 18
Q=8
P = 18 – 0.5Q = 18 – 0.5(8) = 14
PassMates 0680538213 0612621185 0717513144
A COLLECTION OF QUESTIONS FROM DIFFERENT PAST
EXAMINATION PAPERS WHICH HAVE CHANCES OF BEING
RECYCLED IN EXAMINATIONS TO COME. THE SOLUTIONS ARE
NOT PREPARED NOR APPROVED BY UNISA, RATHER ARE POSSIBLE
ANSWERS TO THE RESPECTIVE QUESTIONS CONSISTENT WITH
THEORY OF MICROECONOMICS. THE ANSWERS WERE PREPARED
USING VARIOUS SOURCES, SOME OF THEM OFFICIAL
PUBLICATIONS AND OTHERS INOFFICIAL. ANY SIMILATIY WITH
ANY EXISTING THEORY OR DISCUSION BY OTHER AUTHPOS IS
EXCUSED AS THE AUTHORS DO NOT CLAIM 100% ORIGINALITY TO
THE ANSWERS. THE AUTHORS ALSO DO NOT CLAIM MONOLOY TO
KNOWLEDGE HENCE REUSE/RECYCLING OR MODIFICATION OF
THE ANSWERS CONTAINED IN THIS DOCUMUNET MAY NOT BE
PROHIBITED AS IT CONTRIBUTES TO EXPANSION OF KNOWEDGE.
FOR ANY FURTHER GUIDELINE ABOUT THE INFORMATION
CONTAINED HERE AND THE MODULE IN GENERAL, CONTACT
PASSMATE TUTORIALS @068 053 8213 OR 061 262 1185 OR
0717 513 144.
WE ASSIST WITH OTHE MODULES INCLUDING
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, MNBs, DSC, QMI,
MNMs, MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others
WE OFFER CLASSES, ASSIGNMENT GUILDLINES, EXAMINATION
PREPARATION, RESEARCH AND RESEARCH PROPOSALS,
DISSERTATION EDITING.
OTHER THAN UNISA, WE ALSO ASSIST STUDES AT VARIOUS
INSITITUIONS INCLUDING MANCOSA, REGENT, REGEYNESES,
BOSTON, STADIO, OLG, UJ, UP etc
For any enquiries the following numbers can be used for calling, sms,
whatsapp and telegram
CONTACT PASSMATE TUTORIALS @
068 053 8213 OR 061 262 1185 OR 0717 513 144
or email
,PassMates 0680538213 0612621185 0717513144
,PassMates 0680538213 0612621185 0717513144
, Answer 2
Slope = change in Price/change in quantity
TAKE two points (36;0) & (32;2)
Slope = (2 - 0)/(32 - 36) = 2/-4 = -0.5
USE y = mx + c for standard equation
Where m –is slope, and c is y-intercept (when Q is zero)
P = 18 – 0.5Q demand curve
TR = P * Q
TR = (18 – 0.5Q)Q = 18Q – 0.5Q2
MR = 18 – Q
MC = 10; MR = 18 – Q
18 – Q = 10
-Q = 10 – 18
Q=8
P = 18 – 0.5Q = 18 – 0.5(8) = 14
PassMates 0680538213 0612621185 0717513144
