Question: 4. (Exercise 4.3*, Problem 9) If the total cost function is given by TC = a@2 + bQ + c, show that d(AC) MC -

4. (Exercise 4.3*, Problem 9) If the total cost function is given by TC = a@2 + bQ + c, show that d(AC)

is P = V1000 - 5Q2, find the value of Q which

4. (Exercise 4.3*, Problem 9) If the total cost function is given by TC = a@2 + bQ + c, show that d(AC) MC - AC dQ Q5. If the demand function of a good is P = V1000 - 5Q2, find the value of Q which maximises total revenue

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