Asked by Kudirat

Assuming a profit function as p=90-2q and the cost function as c=10+0.5q2.find the profile maximization output and price

5 years ago

Answered by bobpursley

A profit function such as that means maximum profit at zero sold. Am I reading that correctly?

5 years ago

Answered by Yusuf qudus

Solution

3 years ago

Answer

0.5q2+2q-80

2 years ago

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