Asked by Maru
Given the following TR and TC function of a firm:
_ 0.9 10 5
3
1
22 0.5 2 3 2 TR Q Q and TC Q Q Q
a) Determine the level of P and Q maximize profit and
b) Compute equilibrium profit or loss and determine the decision of the firm.
_ 0.9 10 5
3
1
22 0.5 2 3 2 TR Q Q and TC Q Q Q
a) Determine the level of P and Q maximize profit and
b) Compute equilibrium profit or loss and determine the decision of the firm.
Answers
Answered by
yon
sajg sadgh,k sas d
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