Monday
October 20, 2014

Homework Help: Managerial Economics

Posted by Hydie on Tuesday, November 9, 2010 at 11:13pm.

5. Call Us demand function is Q = 20 Ė 0.2P and the MC = 10 + 5Q.
Given that TFC = $2,000;

a) Derive an equation for the TC.

b) Calculate the profit at the profit maximizing level.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Economics - Call Us demand function is Q=410-P and MC=10+5Q. Given that TFC=$0 a...
economics - 1. Chipo has the following utility function of 2 goods Pies (X) and ...
economics - 1. Chipo has the following utility function of 2 goods Pies (X) and ...
economics - 1. Chipo has the following utility function of 2 goods Pies (X) and ...
Managerial Economics - Given the demand & supply Function for product 'x' at ...
economics - Suppose a monopolist faces production function Q = 3KL and demand ...
Economics - Derieve the demand for bonds. Md=$Y(.35-i) Person's wealth is $50,...
Economics - Ive been stuck on this forever now if someone could please walk me ...
Economics - There are 10 identical consumers whose demand is D: p = 20 - 10q. ...
managerial economics - Given a firmís demand function, P = 24 - 0.5Q and the ...

Search
Members