Question
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
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
Answers
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