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?
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?
Answers
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.
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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