SOLUTION: Marginal Revenue (MR)=$130
Total Cost (TC)=$1,100+135Q+0.6Q^2
Marginal Cost(MC)=135+1.2Q
P=MR=MC
Therefore, $130=135+1.2Q
$130-135=135-135+1.2Q
-5=1.2Q
-5/1.2=1.2Q/1.2
-4.
Algebra.Com
Question 835115: Marginal Revenue (MR)=$130
Total Cost (TC)=$1,100+135Q+0.6Q^2
Marginal Cost(MC)=135+1.2Q
P=MR=MC
Therefore, $130=135+1.2Q
$130-135=135-135+1.2Q
-5=1.2Q
-5/1.2=1.2Q/1.2
-4.17=Q
Did I do this correctly?
Thank you, -Amanda Thomas
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Yes, is the correct answer to
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