Rohan5176 Rohan5176

24-05-2023
Business

contestada

A monopoly faces the total revenue schedule TR = 300q − 2q² and the total cost schedule
TC = 12q³ − 44q² + 60q + 30 Are there two output levels at which MC = MR? If so, which is the Profit maximizing output?
Find the profit-maximizing output for a firm with the total cost function
TC = 4 + 97q − 8.5q² + 0.33 q³ and the total revenue function TR = 58q − 0.5q².

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