The bramwell corporation has estimated its demand function


The Bramwell Corporation has estimated its demand function and total cost function to be as follows:

Q= 25 - 0.05P TC = 700 + 200Q

Answer the following questions either by developing demand and cost schedules. (hint: Use quantities from 1 to 14) or by solving the equations.

What will be the price and quantity if Bramwell wants to

Maximize profits?

Maximize revenue?

Maximize revenue but require the profit to be a minimum of $300?

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Business Economics: The bramwell corporation has estimated its demand function
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