Question #96580
What is optimum output for
TC= 200+5Q+2Q^2
TC= 200+5Q+2Q^2
Expert's answer
The optimum output for TC = 200+5Q+2Q^2 is when MR = MC.
MC = TC(Q)' = 5 + 4Q.
To find the exact optimum output we need to know MR.
Learn more about our help with Assignments: Microeconomics
