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?

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?

gabuna · Answer

yes

PsyDAG · Answer

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.