# Economics

I thinks i got the problem right this time

P=MR=\$750
TC =2,500,000+500q+0.005Q^2 (squared)
Mc =500+0.01Q

Calculate profit maximizing level
Calculate the company's optimal profit and optimal profit as a percentage of sales revenue

Can anyone help here I am lost

1. 👍 0
2. 👎 0
3. 👁 102

## Similar Questions

1. ### Economics

P=MR+\$750 TC =2,500,000+500q+0.005Q^2 (squared) Mc =500+0.01Q Calculate profit maximizing level Calculate the company's optimal profit and optimal profit as a percentage of sales revenue Can anyone help here I am lost

asked by Jeff on April 6, 2007
2. ### Economics

Profit Maximation question help P=MR+\$750 TC =2500000+500q+0.00Q squared Mc =500+0.01Q Calculate profit maximizing level Calculate the company's optimal profit and optimal profit as a percentage of sales revenue Can anyone help

asked by Jeff on April 6, 2007
3. ### finance

I need help bad. You have been running your small business, Craft’s Boat Shop, for several years now and have been very successful.  You have come to the point where you expect sales to increase next year and want to be sure

asked by karen on September 2, 2014
4. ### investing

Discount Sales sells some used store fixtures. The acquisition cost of the fixtures is \$12,500, the accumulated depreciation on these fixtures is \$9,750 at the time of sale. The fixtures are sold for \$4,500. The value of this

asked by mb on May 10, 2010
5. ### accounting

A tabular analysis of the transactions made during August 2010 by Witten Company during its first month of operations is shown below. Each increase and decrease in stockholders' equity is explained. Assets = Liabilities +

asked by eric on November 9, 2013

The Tao Inc. purchased an asset for \$170,000 with a salvage value of \$8,500 have a useful life of four years. Find the depreciation expense for the first year using the 150% declining blance method. a. \$63,750 b. \$63,500 c.

7. ### accounting

Assets Cash (Net Effect) \$35,000 20,000 +15,000 A/R 33,000 14,000 +19,000 Merchandise Inventory 27,000 20,000 +7,000 PPE 60,000 78,000 -18,000 Accumulated Depreciation (29,000) (24,000) ? Liabilities and Stockholder’s Equity

asked by Lusine on August 8, 2008
8. ### Accounting

Statement of Owner's Equity I've tried to get it to balnce with the amount of on my balance sheet of \$54,500.00 but can not can you help Cash… …… ……… … … … ………\$21,500 Accounts Receivable………17,500

asked by Christine on October 8, 2011
9. ### Math

On March 31, 2009, Wolfson Corporation acquired all of the outstanding common stock of barney Corporation for \$17,000,000 in cash. The book values and fair values of barney's assets and liabilities were as follows: Book value Fair

asked by Bobbi Loffredo on April 2, 2011