Tc 410000000005q 2 mc tc q 500 001q calculate profit


profit maximization problem
P=MR=1500$
TC= 41,000,000+0.005Q 2
MC= TC/ Q =$500 +0.01Q
calculate profit maximizing activity level and optimal profit, and optimal profit as percentage of sales revenue.

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Econometrics: Tc 410000000005q 2 mc tc q 500 001q calculate profit
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