Question
suppose a multi plant firm has following demand curve then find equilibrium level of output (Q1and Q2) and prices where profits are maximum P= 135Q
suppose a multi plant firm has following demand curve then find equilibrium level of output (Q1and Q2) and prices where profits are maximum P= 135Q -0.25Q^2, C1 =12-4Q1, C2 = 3.5 Q2
NO IMAGE UPLOAD SHOW CALCULATION IN STEP
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
