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A firm has the following Demand Curve My-20 and total cost function CCQ) =Q3-6Q?+9Q + 40 a Calculatte Profit function = R-C Find first derivative
A firm has the following Demand Curve My-20 and total cost function CCQ) =Q3-6Q?+9Q + 40 a Calculatte Profit function = R-C Find first derivative 7:0 Solve for Q, Q2 QI,Q2 -bt 62-4ac 2a w Find second derivative ". Chock for relative MAXIMUM d) Substitute value of Q* to find MAXIMUM PROFIT
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