Airmrsquos total cost and marginal cost functions are tc , Business Economics

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Airmrsquos total cost and marginal cost functions are tc

A firm’s total cost and marginal cost functions are TC = 10 Q2 + 2 Q – 2 ; MC = 20 Q + 2. Asuming that the market price is 42 and that the marginal revenue (MR) is also 42 (it is constant at all output levels), how much output will this firm sell (produce) to maximize profits?

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Business Economics: Airmrsquos total cost and marginal cost functions are tc

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Business Economics: Airmrsquos total cost and marginal cost functions are tc

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