Estimate profit-maximizing price and quantity


Hair Grow Co. has a demand curve of P=101-.00002Q Marginal cost for producing Hair Grow pill is $1. What is the profit-maximizing price and quantity? What is the profit?

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: Estimate profit-maximizing price and quantity
Reference No:- TGS066773

Expected delivery within 24 Hours