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tealseal270Lv1
28 Sep 2019
Suppose the total benefit derived from a given decision, Q, is B(Q)=25Q-Q^2 and the corresponding total cost is C(Q) = 5 + Q^2 so that MB(Q) = 25 -2Q and MC(Q) = 2Q
What is the total cost when Q=2 and when Q=10
What is the marginal cost when Q=2 and q=10
What level of Q minimizes total cost?
What level of Q maximizes net benefits?
I need help double-checking my homework please help if you can. This is all one problem, there are two parts to the problem but this is one problem. Please also show how you arrived at the answer and everything
Suppose the total benefit derived from a given decision, Q, is B(Q)=25Q-Q^2 and the corresponding total cost is C(Q) = 5 + Q^2 so that MB(Q) = 25 -2Q and MC(Q) = 2Q
What is the total cost when Q=2 and when Q=10
What is the marginal cost when Q=2 and q=10
What level of Q minimizes total cost?
What level of Q maximizes net benefits?
I need help double-checking my homework please help if you can. This is all one problem, there are two parts to the problem but this is one problem. Please also show how you arrived at the answer and everything
Chika IlonahLv10
28 Sep 2019
