A firm has the following demand function P = 60 – 0.5Q and its total cost are defined by TC = 13 + Q.Find the maximum revenue.
Mathematics for Economics and Business 1. A firm has the following average cost AC = 200 + 2Q – 36. Q Find the stationary point and determine if it is a maximum or a minimum. Find the marginal cost function. 2. A firm has the following demand function P = 60 – 0.5Q and … Read more