Mathematics, 03.10.2021 14:00 ijohnn15
Consider a monopolist's tatal revennue function TR= 4350Q - 13 Q^{2} where Q is quanlity of product. The monopolist's total cost functionis TC= Q^{3} - 5.5Q^{2} +a . Determine the level of output at which the monopolist should produce in order to maximize her profit. What is the optimal price that corresponds with this optimal quanlity?
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Consider a monopolist's tatal revennue function TR= 4350Q - 13 Q^{2} where Q is quanlity of product....
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