Monday
July 28, 2014

Homework Help: q

Posted by naresh kshirasagar on Sunday, September 12, 2010 at 4:12am.

2. Given a firmís demand function, P = 24 - 0.5Q and the average cost function, AC = Q2 Ė 8Q + 36 + 3/Q, calculate the level of output Q which a) maximizes total revenue
b) maximizes profits

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Maths - Demand function P=50-Q Average Cost 5Q + 40 +10/Q Calculate the firm's ...
Microeconomics - A perfectly competitive industry has a large number of ...
ECONOMICS - Q2) Given a firmís demand function, P = 24 - 0.5Q and the average ...
economics - 2. Given a firmís demand function, P = 24 - 0.5Q and the average ...
engineering - Given a firmís demand function, P = 24 - 0.5Q and the average cost...
economics - 2. Given a firmís demand function, P = 24 - 0.5Q and the average ...
economics - 1. Given a firmís demand function, P = 24 - 0.5Q and the average ...
managerial economics - Given a firmís demand function, P = 24 - 0.5Q and the ...
manaegerial economics - iven a firmís demand function, P = 24 - 0.5Q and the ...
MBA - 2. Given a firmÔŅĹs demand function, P = 24 - 0.5Q and the average cost ...

Search
Members