Question

find the (a) maximum profit and (b) level of output for maximum profit,
. Find the minimum average cost if the function is given by TC=36x-10x +27
10. The canand function faced by a firm is p=500-02x and its cost function is C =25x+10,000 (p
price x=output, and C=cost). Find the output at which the profits of the firm are maximum. Also, in
the price is will change
IV FR=10009-202: TC=Q-590 +1315Q +2,000
(1) find the level of output of maximum profit. (ii) find maximum profit.
2
12. A cycle manufacturer produces x cycles per week at a total cost of 2 + 3x + 100. He is a monopolist and
25
the demand for his market isx=75 -3p whate p is the price in rupees per cycle. Show that the maximum ne
recoue is obtained when about 30 cycles are produced per week. What is the monopoly price?
ANSWERS
25
7
4
1 (1)x=4 (1)9 2. 07-12-16 (m) 2-12 (in 9 3.011) 4. (i)
GO 5.x=
icinas
6. (1)x=2" (m) Profit = 14 - 2.0) (a) x=5,60,500 (b)x=7,500 (1) (a) =5.000 (b)x=20
5
9. *=-AC is minimum and minimum AC =23.5. 10. Output = 1.187.50, Price=262.50,
12​

Answer 1

Umm.... Is this for a test?

It is very confusing.