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

5. Call Us demand function is Q = 20 – 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

## Related Questions

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

More Related Questions