SOLUTION: Given the cost function of a firm in perfectly competitive market
TC=3Q2 + 12Q + 100 and the market prevailing price of the commodity is Br. 6 per unit
A.calculate the profit ma
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Question 1086426: Given the cost function of a firm in perfectly competitive market
TC=3Q2 + 12Q + 100 and the market prevailing price of the commodity is Br. 6 per unit
A.calculate the profit maximizing level of output
B.determine the total fixed cost of the firm at the first and tenth unit of output
C.What is the AVC of the firm at the when the firm produces 3unit of out put?
D.Calculate the MC of producing the 4th unit of output
Answer by ikleyn(52754) (Show Source): You can put this solution on YOUR website!
.
This problems, due to the terminology used, is closer to Finance than to Math.
So, I do not think that you will get help from our tutors on it.
Try to find another site, more appropriate, and post it there.
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