The Bramwell Corporation has estimated its demand ... Bookmark The Bramwell Corporation has estimated its demand function and total cost function to be as follows: Q = 25 – 0.05P Answer the following questions either by developing demand and cost schedules (hint: Use quantities from 1 to 14) or by solving the equation.
Assume the cost function is TC = 780 + 200Q while the demand function remains the same. What will the price and quantity be if Bramwell wants to
Maximize profits
Maximize revenue
Maximize revenue but require the profit to be a minimum of $300