Economics Calculate the demand and cost function maximize the profit

August 19, 2020/in graduate Assignment Help File 49 /by admin

You are a manager of a monopoly, and your demand and cost functions are given P=300-3Q and C(Q)=1,500+2Q^2, respectively.

a. What price-quantity combo maximizes your firm’s profits?

b. Calculate the max profits.

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Economics Calculate the demand and cost function maximize the profit

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