Question #131806

a firm is operating with the following revenue function R=100Q-Q^2 the optimal quantity of production that maximize the revenue function is


1
Expert's answer
2020-09-06T17:27:47-0400
TR=100QQ2TR=100Q-Q^2


MR=TR/=1002QMR=TR^/=100-2Q


1002Q=0100-2Q=0


Q=50Q=50


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