A firm faces a demand where q 256p2 q is quantity, Business Economics

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A firm faces a demand where q 256p2 q is quantity

A firm faces a demand where q = 256/p^2 . q is quantity demanded, P is price. Its P2 total cost function is TC = 0.5q^2 + 10 . What is its total revenue function in q? What is its profit function? What is its marginal revenue function? What is its marginal cost function? How many should it produce to maximize profit? What is the price it charges to its consumers?

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Business Economics: A firm faces a demand where q 256p2 q is quantity

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