Suppose a Monopoly firm produces bicycles and can sell 8 bicycles per month at a price of $700 per bicycle. In order to sell 9 bicycles per month, the Monopoly firm must lower the price of its bicycles to $650 per bicycle. Calculate the Total Revenue (TR) generated by the Monopoly firm when it sells 8 bicycles per month.

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase

You should do all of the following before a job interview except

When a company produces and sells x thousand units per week, its total weekly profit is p thousand dollars, where upper p equals startfraction 800 x over 100 plus x squared endfraction . the production level at t weeks from the present is x equals 4 plus 2 t. find the marginal profit, startfraction dp over dx endfraction and the time rate of change of profit, startfraction dp over dt endfraction . how fast (with respect of time) are profits changing when tequals8?