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Find thethat maximizes the Total Revenue, assuming p=60-3Q (Hint: Total Revenue (TR)= Price (P)x Quantity (Q), therefore ifp=2q+1then TR= 2Q^2 +Q) 10 20 there is
Find thethat maximizes the Total Revenue, assuming p=60-3Q
(Hint: Total Revenue (TR)= Price (P)x Quantity (Q), therefore ifp=2q+1then TR= 2Q^2 +Q)
- 10
- 20
- there is no maximum
- none of the choices
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