Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
marginal cost curve is given by MC=2Q+10 An average Cost curve is given by ATC=Q+10 How many output will the firm produce? What is the total revenue?...
A demand curve is given by P= -1/2Q+100
A marginal cost curve is given by MC=2Q+10
An average Cost curve is given by ATC=Q+10
- How many output will the firm produce?
- What is the total revenue?
- What is the total cost
- What is the profit
- What is the deadweight loss?
Please show your work so I can understand for future questions.
