Economy, asked by jindhampranavkrishna, 3 months ago

You are the manager of a firm that sells its product in a competitive market at a price of $50. Your firm’s cost function is C = 40 + 5q2. What are your firm’s maximum profits?​

Answers

Answered by faijzaanraza65
0

ASNWER: 5

Explanation:

The profit-maximizing output for your firm is: 5. You are the manager of a firm that sells its product in a competitive market at a price of $50. Your firm's cost function is C = 40 + 5Q2.

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