Math Solutions

(See) Suppose a competitive firm sells its goods at the market determined price of $60. If the firm's total cost function is C=128+69Q-14Q 2 +Q 3 Determine

Question: Suppose a competitive firm sells its goods at the market determined price of $60. If the firm's total cost function is C=128+69Q-14Q 2 +Q 3

  1. Determine the profit maximizing level of output for this firm.
    (b) At what price will the firm shut down?
    (c) Find the firm's total profit.
    Price: $2.99
    Solution: The downloadable solution consists of 2 pages
    Deliverable: Word Document


    ∴ Other downloads you may be interested in ∴

log in to your account

Forgot password?
Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in