Question

AC = RS.5,When Q= 500 units FC = RS.500 if P = RS 10 and Q = 750 units, what is theprofit earned assuming MC is constant​

Answer 1

Answer:

ario.

Answer:

Use the demand curve and the MC curve to solve for the quantity.

100 – Q = 20 + (3/5)Q

500 – 5Q = 100 + 3Q

400 = 8Q

Q = 50 units

P = 100 – 50 = $50