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The Total Cost (TC) for a firm is given by the function TC(x) = 50x2 + 100. Please find the marginal revenues (MR) for each

The Total Cost (TC) for a firm is given by the function TC(x) = 50x2 + 100. Please find the marginal revenues

(MR) for each of the following scenarios (if appropriate). Then, find the profit maximising production quantity.

Does the firm make profits of losses with this quantity?

65.1. For a price of 10, the firm can sell as many units as it wants to.

65.2. The demand function is p = 110 20x.

65.3. The demand function is p = 40 20

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