Tuesday
July 7, 2015

Homework Help: managerial economics

Posted by snehavalli on Monday, September 27, 2010 at 11:25pm.

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

More Related Questions

Members