Asked by kala

close relationship between mnagement and economics has led to the development of managerial economics
Answered by SraJMcGin
And your question is?

Sra
Answered by Charlotte
Can some help me understand the profit maximization equation
Price=$60
if company makes 80 units TC=20+2(80)=$180
Now:
MR(Q)=MC(Q)
TR'(Q)-TC'(Q)=0
MR(Q)=MC(Q)

What quantity maximizes this firm's profit?
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