Wednesday

March 4, 2015

March 4, 2015

Posted by **sonia** on Monday, November 30, 2009 at 10:43pm.

the answer I came up with is profit= Pdq/da -Cqfq/da-1

=Pdq/da -(d+c/dq)(dq/da)

Im not sure if I am right please help.

- microecon -
**economyst**, Tuesday, December 1, 2009 at 9:30amI'm having a trouble with your notation. This Jiskha site has mucho trouble in expressing mathmatical equations. (where did your "f" come from?)

That said, this is more of a calculus question. MR is the first derivitive of total revenue, so Pdq/da looks corret. MC is the first derivitive of the cost function. Here use the chain rule. Set MR-MC=0 and ta-da you have your maximum profits equation.

I hope this helps. Lotsa luck.

**Answer this Question**

**Related Questions**

economics - HELP!!!!! One and only Inc is a monopolist. The demand function for ...

Calculus - So there is no way profit = price x quantity demanded because I have ...

algebra - We did not find results for: suppose a company manufactures MP3 ...

Maths - Demand function P=50-Q Average Cost 5Q + 40 +10/Q Calculate the firm's ...

Microecon - The following diagram shows the cost structure of a monopoly firm as...

Business Calculus - A company has operating costs of $2000 per thousand items ...

calc.microecon - I was trying to derive for A from the function: profit=PQ(P,A)-...

Algebra - Gymnast Clothing manufactures expensive soccer cleats for sale to ...

Calculus Help - Using the revenue function R(q) = 510q and the cost function C(q...

algerbra 1 - 4. Your profit P is determined by subtracting the cost C, the ...