i have exam in this comming up and dont have answer for past questions in this managerial economics exam. i hope you can help
computer solutions, a local firm, manufactures and distributes sophisticated computer systems. currently all its output is sold in the waterford region. the following price and total cost functions are available for the firm p = â¬2,000 - â¬0.03Q TC= â¬1,500,000+1,000Q+â¬0.01Q2
question a assumming the firm operates as an integrated unit , calculate 1. the profit maximising output level, and 2. the profit at this out put level.
does any one know how to answer this much appreciated
computer solutions, a local firm, manufactures and distributes sophisticated computer systems. currently all its output is sold in the waterford region. the following price and total cost functions are available for the firm p = â¬2,000 - â¬0.03Q TC= â¬1,500,000+1,000Q+â¬0.01Q2
question a assumming the firm operates as an integrated unit , calculate 1. the profit maximising output level, and 2. the profit at this out put level.
does any one know how to answer this much appreciated