Question
if the total cost function of a firm under perfectly competitive market is given by: TC= 3Q2 + Q + 90. then find the optimum level of output and the corresponding profit when the price of the products is birr 25? if you are the advisor of the firm, what do you suggest? and why?
Answers
yes
We do not do your homework for you. Although it might take more effort to do the work on your own, you will profit more from your effort. We will be happy to evaluate your work though.
Have no idea what the extra posts mean.
Have no idea what the extra posts mean.
Related Questions
assume a firm under operating perfectly competitive market structure has a total cost function of TC...
1. Suppose that the firm operates in a perfectly competitive market. The market price of his product...
Suppose that you are given the following information about a particular perfectly
competitive indu...