Question: 4. The total revenue and total cost function that faces firm A are: TR=30Q TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared) What is firm's A profit maximizing

4. The total revenue and total cost function that faces firm A are:

TR=30Q

TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared)

What is firm's A profit maximizing quantity (Q)?

Select one:

a.

22

b.

30

c.

1,100

d.

100

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

The total revenue and total cost function that faces firm A are: TR=30Q TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared) What is firm's A profit maximizing quantity (Q)? Select one: O a. 1,100 O b. 22 O c....

Q:

The total revenue and total cost function that faces firm A are: TR=30Q TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared) What is firm's A profit maximizing quantity (Q)?

Q:

The total revenue and total cost function that faces firm A are: TR=30Q TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared) What is firm's A profit maximizing quantity (Q)?

Q:

The total revenue and total cost function that faces firm A are: TR=30Q TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared) What is firm's A profit? Select one: a. $33,000 b. $21,000 c. $12,000 d. $0

Q:

The total revenue and total cost function that faces firm A are: TR=30Q TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared) What is firm's A marginal cost(MC)? Select one: a. 100 b. 8Q+0.01Q^2 c. 8+0.02Q . d....

Q:

The total revenue and total cost function that faces firm A are: TR=30Q TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared) What is firm's A profit?

Q:

The total revenue and total cost function that faces firm A are: TR=30Q TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared) What is firm's A marginal cost(MC)?

Q:

The total revenue and total cost function that faces firm A are: TR=30Q TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared) What is firm's A marginal cost (MC)? I don't understand how the answer is 8+.02Q....

Q:

The total revenue and total cost function that faces firm A are: TR=30Q TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared) What is firm's A marginal cost (MC)

Q:

The total revenue and total cost function that faces firm A are: TR=30Q TC=100+8Q+0.01Q^2 (Note: Q^2 is q-squared) What is firm's A marginal cost(MC)?

Q:

About five years ago, Isabelle, Eden, Samara, and Joy formed a partnership to carry on a snow removal and landscape business. All the partners, except Isabelle, made an initial contribution of...

Q:

Mississippi River Shipyards is considering replacing an 8-year-old riveting machine with a new one that will increase earnings before depreciation from $27,000 to $54,000 per year. The new machine...

Q:

\ table [ [ Name: , Ronald and Louise Williams ] , [ Ages: , Ronald 6 8 , Louise 6 4 ] , [ Marital status;,Married for 3 5 years ] , [ Health: , Excellent, no family history of heart disease or...

Q:

Q1 (Show your work!) 10 Points If z = f(x, y) is implicitly defined by the equation xyz + aye 3y = 1, find the maximum rate of change of f(x, y) at the point (2, 1).

Q:

Decreasing the oxidizer particle size increases the burn rate in a solid rocket. Prove this using mathematics.

Q:

For the stake of Prob. 2.5, knowing that the tension in one rope is 120 N, determine by trigonometry the magnitude and direction of the force P so that the resultant is a vertical force of 160 N....

Q:

Two bonds are available for purchase in the financial markets. The first bond is a 2-year, $1,000 bond that pays an annual coupon of 10 percent. The second bond is a 2-year, $1,000, zero-coupon bond....

Q:

A six-year, $10,000 CD pays 6 percent interest annually. What is the duration of the CD? What would be the duration if interest were paid semiannually? What is the relationship of duration to the...

Q:

Among a group of 5 8 programmers, who know either Java or Python or both, 1 5 only know Java and 1 3 only know Python. What is the probability of randomly choosing a programmer who knows both...

Q:

9. What is meant by the statements: a) Experiences are different from what is experienced. b) The description is different from what is described.

Q:

11. What is meant by the statement, as observers of social reality, we are always part of this reality?.

Q:

13. Give four examples of psychological Maginot lines.