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p=40-q mc=$2 what quantity should be produced in order to maximize profit
p=40-q mc=$2 what quantity should be produced in order to maximize profit
Answer
In the short term and in perfect comption to maximize profit Mc=mr=p So : p =2 2=40_q 40_2=q Q=38 So the quantity =38 I hope it is right
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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017
This 24 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 162 views.