document.write( "Question 195445: A perfectly competitve firm has total revenue and total cost curves given by:
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document.write( "TR = 100q
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document.write( "TC = 5000+2q+0.2Q^2\r
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document.write( "Find the profit-maximizing output \n" );
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Algebra.Com's Answer #146573 by vleith(2983)![]() ![]() ![]() You can put this solution on YOUR website! Find the maximum of the difference. \n" ); document.write( "What is the maximum of TR - TC? \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Take the derivative and set to 0 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "or plot -0.2q^2 + 98q - 5000 using your calc and find the max \n" ); document.write( " |