# managerial economoics

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close relationship between mnagement and economics has led to the development of managerial economics

• managerial economoics -

Sra

• managerial economoics -

Can some help me understand the profit maximization equation
Price=\$60
if company makes 80 units TC=20+2(80)=\$180
Now:
MR(Q)=MC(Q)
TR'(Q)-TC'(Q)=0
MR(Q)=MC(Q)

What quantity maximizes this firm's profit?

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