Asked by Shiv

The short-run cost function of a firm is as follows:
TC = 200 + 5Q + 2Q2
Where TC = Total Cost
Q = Physical units of the product of the firm
What would be the level of optimum output?
Answered by Habib
Q=10p-3 and TC=2Q
Answered by Anonymous
Suppose the firm faces a demand curve for its product P=32-2q
And the firms costs of product
And marketing are C(q)
Find the following
A) the formula for profit in terms of Q
B) the maximum total revenue to be generated
C) the price and quantity that minimize total revenue and the correspondening value of total revenue.
Answered by mohammed
student
Answered by anbsa anbesa
Tc=40,000+300Q2-Q3
Answered by Anju
10
Answered by Ab desu
I want answers
Answered by Anonymous
1. Suppose the short run cost function of a firm is given by: TC=2Q3-2Q2+Q+10
Answer
2
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