profit maximising level of output and price from Revenue and Cost functions  

5:31PM perfect competition Q = 300 - 2P TC = 150 + 10 Q Given demand and cost function as below show that the monopolist produces half the output under perfect competition Q = 300 - 2P TC = 150 + 10 Q

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Suppose the cost and revenue functions are as follows: C = 100 +5Q² and R = 150Q-2.5 Q².. Determine the profit maximising output, maximum profit and profitable range of output

Revenue = 20 q-q² , cost = q²+ 8q + 2 , find the equilibrium level of firmv, price , total revenue , total profit ? Please solve this question sir

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Can you kindly help me solve this question.. The demand curve for a firm producing two products are given by q1=p2-p1+15 and q2=p1-2p2+40 and its cost function is given by c=q1^2+q1q2+q2^2 determine the optimal values for the output of the two products?

Please help e solve this problem Assuming the cost and demand function for two competing firms X and Y are given by: Cx=60,000+10Qx, Cy=30,000+ 15Qy Qx=15,000- 1000px+750py Qy=15,000+750px-1000 py Determine the (i) price reaction function for each firm (ii) equilibrium quantities and profit assuming firm x is the leader and firm y is the follower and comment on the result

Sir, this is the case of monopoly right??

now if a subsidy of 2 dollar paid to firm thn what will be the profit max price and output? can u give me hint ASAP?

Given a firm that's engaged in production of maize and is faced with a cost function of C:1500+100Q and a revenue function of R:500Q-2Q2 that's squared. Use the above information to answer the following questions. a) output of a profit maximizer. b) output of a sales revenue maximizer. c) Compare the price of a sales revenue maximizer with that of a revenue maximizer. d) Compare the profit of a sales revenue maximizer with that of a revenue maximizer. e) suppose now a profit of$ 17988 is set by the stakeholders, establish whether it's operative or non operative profit contraint? f) suppose the profit is reduced to C: 1000+100Q, determine its impact on the price and revenue maximizer. Assume minimum profit of @17988.

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Sir, help me please for the question 2) If the demand function for a good is written, it is Q=100,000- 200 På the total cost function is TC 150,000 0.003Q 100Q Determine the level of production that produces max profit What is the maximum profit? b. What selling price produces max profit?

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Please Sir, could you help solve problem for me, this is two weeks with it, yet no understanding. A firm's average cost function is given by Y=x²-20x+120 where Y is average cost in naira per unit of output and output price is N10 and is same at all levels. 1. Find the output levels at which the firm breaks even(i.e price=average cost) 2. Graph the cost function and show solution 3. Find a range of prices over which the firm makes across at all levels of output

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The total cost function and the market demand function of a competitive firm are C C= x310x2 + 9x + 1000 and x = (12p)/9 respectively. The level of output at which profits will be maximised?

I'm still finding it hard to find a difference between; 1. Profit maximizing level of output; and 2. Revenue maximizing level of output. Need help

Can you work this problem: If a monopolist faces a constant elasticity demand curve given by Q=202500P^-3 and has total cost given by TC=10Q, it’s maximumizing level of output is?

use the demand equation given to fill in the below , consider quantity from unit 1 to 6 Q =48-0.02p quantity price TR AR MR using the demand equation given above , find the revenue maximizing and output it the total cost function is given as TC=480 +2Q2 , find the profit maximizing price, output and calculate the maximum profit that can be made.

APPLICATION PROBLEMS IN COST, REVENUE AND PROFIT PROBLEM 1 Super Toys Ltd. (STL) manufactures and sells toys. “Super car” is one of their popular models. The marketing department has estimated the demand function for the model to be linear. If the price was fixed at Sh. 570, the daily sales of the model would be 400 toys, whereas if the price was increased to Sh. 820, the daily sales would drop to 200 toys Data from the production department indicate that the incremental cost of producing q toys of the model is given by the equation; C (q) = 2q - 570 and that the daily fixed cost is Sh. 1,100. Required: (i) The revenue functions if q toys are sold. (ii) The total cost function. (iii) The daily break-even number of toys ...please help

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Hello, help me to work out the following questions, Given the following total profit function (where q output): π= 250000+20000q-2q2. I.) Determine the level of output that maximizes profit. 2.) Show that the value of A determined in (I.) Maximizes rather than minimizes profit.

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Sir given function π=1/3Q^3-3Q^2+5Q+3 Find the profit maximizing level of output Find the maximum level of output

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TC=100 + 4Q - 3Q^2 + Q^3 Find level out put when MC=AVC,MC=ATC and MC=AFC.

Sir please help me with this question A monopolist faces a demand curve given by Q=20/p. The marginal revenue curve is given by (a)MR(p)= -10/p^2 (b)MR(Q)= -10/Q^2 (C)Q=0 (d)P=0

find the optimal output in order to maximize profit given that revenue function is R(q)=9000Q-207q^2and the cost function is C(q)=18q^2.find the profit at q=50 Sir can u give the solution for this problem

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Can u plz help me. How is it proven that mc=mr when profit is maximised

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Please help to solve this question - The total revenue (TR) and Average Cost (AC) functions of a firm are given by TR = 4350Q - 13Q ^ 2 AC = Q ^ 2 - 5.5Q + 150 + 675Q ^ 2 Where Q refers to quantity of output. Find the profit maximizing level of output and maximum profit.

What will happen if you have given q=280000 - 400p And yet you have given total cost of production c= 350,000 +300q +0.0015q²

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c=Q2+8q+2. r=20Q-q2 find price that maximizes the output can u solve the problem please

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Suppose the cost and revenue functions are as follows: C = 100 + 5𝑄 2 and R = 150Q - 2.5 𝑄 2 .. Determine the profit maximising output, maximum profit and profitable range of output. Can anyone please help me with this sum ?

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