SOLUTION: I'been Having Problems with this problem. I have no clue how to begin. Please help. Is in spanish so i`ll try my best to translate it.
A company has a funtion of demand equal to
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: I'been Having Problems with this problem. I have no clue how to begin. Please help. Is in spanish so i`ll try my best to translate it.
A company has a funtion of demand equal to
Log On
Question 74561: I'been Having Problems with this problem. I have no clue how to begin. Please help. Is in spanish so i`ll try my best to translate it.
A company has a funtion of demand equal to
Qd=1,000-.25p
And a funtion of cost equal to
CT=3,00=5Q
1. What is the funtion income total?
2. What is the funtion of marginal income?
3. What is the funtion of marginal cost?
4. In what level of production Q maximizes the income total?
5. In what level of production Q maximizes the winnings?
6. At what price it should sell to reach the max of winnings?
If u want it in spanish let me know, Thank you
(