Calculate the optimal amount of production under the method of maximizing income (IMA=0) given the following economic
Fantastic news! We've Found the answer you've been seeking!
Question:
Calculate the optimal amount of production under the method of maximizing income (IMA=0) given the following economic equations: marginal income=500-.05Q and marginal cost = 100+2Q to.
A. 10k units
b. 7500 units
c. 2500 units
d. 6k units
d. 5k units
Expert Answer:
Posted Date:
