Question

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

Sra
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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