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Hiii im stuck :) With a demand curve of Q= 80-4/3P and average total cost of production of ATC= 0.5Q+10+ (1,000)/Q Which is not true?

Hiii im stuck :)

With a demand curve of

Q= 80-4/3P

and average total cost of production of

ATC= 0.5Q+10+ (1,000)/Q

Which is not true?

  • max total profit is positive
  • max value of total revenue function is 1200
  • profit maximizing price is P = 45
  • the total cost of production is TC = 0.5Q^2+10Q+1,000

Thanks <3

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