The demand curve and marginal revenue curve for widgets are given as follows Q= 250-5p MR= 50- 0.4Q MC = 0.06Q What level of output maximizes revenue ?

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A: Total Revenue: TR = P.Q Marginal Revenue: MR = TRn - TRn-1 Average Cost: AC = TCQ Marginal Cost: MC…

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A: Q = 1350 - 45p p = 30 - (1/45) Q TC = 0.1q3 - 3q2 +40q

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Q: If the demand function is P = Q² – 5Q + 25 what value of Q maximizes Total Revenue?

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: Andrea's Day Spa began to offer a relaxing aromatherapy treatment. The firm asks you how much to…

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