Profit Maximisation | Problem & Solution - 1

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  • Опубліковано 6 лют 2025
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КОМЕНТАРІ • 1

  • @arifhussain8263
    @arifhussain8263 4 роки тому

    Hello. I watched your lectures and found these lectures are very helpful. Now i need your help to solve this equation.
    If our total cost is TC= Q3 (Q cube) --8Q2 (minus 8Q square) +57Q + 2 and demand function is p = 45 - (minus) 0.5Q.
    Then how to find the level of output and price at which the price is maximized?
    And
    How to find the level of output and price at which total revenues are maximized?