writing excel formula in cell C3 through D11 in a spreadsheet-like the following calculate the values of
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writing excel formula in cell C3 through D11 in a spreadsheet-like the following calculate the values of TR = 32Q - 2Q for values of Q from 0 to 8 by 1's.
a) what is the revenue-maximizing quality?
b) Now subtract TC = 30 + 0.5 Q3 - Q2 from the TR function. Calculate profit for values of Q from 0 to 8 by 1's. What is the profit-maximizing quality?
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