Question
The price/output combination at which total profit is maximized is P = $35 and Q =5,000 units. At that point, MR = MC and total
The price/output combination at which total profit is maximized is P = $35 and Q =5,000 units. At that point, MR = MC and total profit is maximized at $37,500. Theprice/output combination at which total revenue is maximized is P = $30 and Q = 6,000units. At that point, MR = 0 and total revenue is maximized at $180,000. Using thePresto table or spreadsheet, a graph with TR, TC, andas dependent variables, andunits of output (Q) as the independent variable appears as follows:
Tabla de Profit vs. Revenue Maximization como se realiza utilizando estos datos
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