Economy, asked by irammir290, 17 hours ago

In a market, let q = 160 180p, where q is quantity & p is price. Cost of product is 4, it is felt that total profit shall be 500. Find profit & revenue functions. Send full solution​

Answers

Answered by llBrutalEmpirell
8

Explanation:

Answer. In the late 1920s, Max Ringelmann, a German psychologist, set out to determine if individuals put forth the same level of effort in a group as they did when they were working alone

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