Using your knowledge of economics to apply appropriate
Question: Using your knowledge of economics to apply appropriate restrictions on their domain, say whether or not the following functions have maximum or minimum points.
(a) TC = 12 + 62q - 10q2 + 1.2q3
(b) TC = 6 + 2.5q
(c) p = 285 - 0.4q.
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question 1 a monopoly faces the total revenue schedule tr 300q - 2q2 and the total cost schedule tc 12q3 - 44q2 60q
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