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CCM television station is considering selling promotional videos produced by Firm A or Firm B. Firm A will charge the station a set up fee of $1,200 plus $2 for each cassette, while firm B has no set up fee and will charge $4.00 for each cassette. The dem...

The manager of caribbean glass company estimates that total revenue from the sale of her firm's product is given by the equation TR=300Q-Qsquared/2. The total cost equation is TC=5,000 + 60Q + Qsquared What are the profit maximizing price and output rate?...

Call Us demand function is Q=410-P and MC=10+5Q. Given that TFC=$0 a)derive an equation for TC b)calculate the profit maximizing level

I have an exam in two days. I need an explanation to this question please. MC = 10+5Q derive an equation for total cost

What are the advantages and disadvantages of reverse engineering

Can you elaborate some more on these answers. What do i do with the other information in the question. What do i do about the demand function. I'm unclear how you arrived at this;First, I like to rewrite the demand function as P=f(Q). So, P= 4 - Q/200. To...

Equating MR=MC and solving for Q is this the answer? part b to the question says to calculate the total revenue at the profit maximizing level. I'm not sure how to do this

The're 100% correct! Thanks @ineedalife!

Speed of radio waves is approximately 300,000km. Divide 350km/300,000km =0.0011666666666667s