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28 Sep 2019
Question 2
A firm faces the following demand:
Q = 259 - 0.46P
The firm's cost function is:
C = 5Q2 + 23Q + 1,764
How much profit does this firm earn when it produces the quantity, Q, that maximizes profit?
Question 2
A firm faces the following demand:
Q = 259 - 0.46P
The firm's cost function is:
C = 5Q2 + 23Q + 1,764
How much profit does this firm earn when it produces the quantity, Q, that maximizes profit?
Darryn D'SouzaLv10
28 Sep 2019