Sunday

February 1, 2015

February 1, 2015

Posted by **jean** on Wednesday, February 6, 2008 at 7:47pm.

- managerial econ -
**Damon**, Wednesday, February 6, 2008 at 8:19pmYou want to maximize income which is P*Q

P Q = 100 P - 2 P ^2

2 p^2 -100 p = - income

where is that derivative = 0?

4 p - 100

p = 25 seems to be it.

then you rent

Q = 100 - 50 = 50 of them

and you make

PQ = $1250

If you have not had calculus, find the vertex of that parabola by completing the square

**Answer this Question**

**Related Questions**

Managerial Econ - You are the manager of a firm which produces according to the ...

Economics - Yeah, so I'm in urgent need of help with this homework. 1. Assume ...

Managerial Economics - The demand for health club services is Q = 350 − ...

Math 6th - Imagine there are 1000 lockers and 1000 students at school. The 1st ...

math - the 20 students in Mr. Wolf's 4th grade class are playing a game in a ...

Managerial Econ - You are the manager of a monopoly, and your demand and cost ...

Managerial Econ - The following schedule shows demand and total cost. Price ...

Economics - Slim city is a town resided by slim people, with no health club in ...

Math - Imagine there are 100 lockers. Each locker is given a number 1-100. When ...

Math - A new school has exactly 1,000 lockers and 1,000 students. the student ...