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 ->  Finance -> 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.      Log On


   

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) About Me  (Show Source):
You can put this solution on YOUR website!
Yes, Q=-4.17 is the correct answer to 1.2Q%2B135=130