Saturday
April 25, 2015

Homework Help: ECONOMICS

Posted by Anonymous on Sunday, October 24, 2010 at 2:11pm.

Q2) 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

Members