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Answer to Question #45436 in Economics of Enterprise for biruk
Question #45436
a profit maximization perfectly comptitive firm face the following function total cost function TC=10Q²+50 and marginal revenu (MR)=10 based on the above given information.
a) calculat totale revenu function ?
b) find or determine the optimal level of out put or profit maximization output?
c) calculat the maximum profit or loss at optimal level of out pot?
a) calculat totale revenu function ?
b) find or determine the optimal level of out put or profit maximization output?
c) calculat the maximum profit or loss at optimal level of out pot?
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