Question: Having a diffcult time answer this question. I can only get to to P= 39.8-0.25QD, MR= 39-0.5QD, and TR=39.8Q-0.25Q^2 for question 1A) Determine equations for
Having a diffcult time answer this question. I can only get to to P= 39.8-0.25QD, MR= 39-0.5QD, and TR=39.8Q-0.25Q^2 for question 1A) Determine equations for P=f(Q), MR=f(Q), ATC=f(Q, Q2), AVC=f(Q, Q2), MC=f(Q, Q2). Recall that your marginal equations should be derivatives of your totals!

[Econ 705 Module 6 Assignment 1. You are given the following data for your rm, which sells the only toothpick maker for at- home use (called \"You CAN handle the tooth(pick)\" ). 0. P TC 0 $39.80 $400.00 10 $37.30 $546.00 20 $34.80 $692.00 30 $32.30 $850.00 40 $29.80 $1,032.00 50 $27.30 $1,250.00 50 $24.80 $1,516.00 70 $22.30 $1,842.00 30 $19.80 $2,240.00 90 $17.30 $2,722.00 100 $14.80 $3,300.00 3. Determine equations for P=f(Q), MR=f(Q), ATC=Q, Q2), AVC=f(Q, Q2), MC=f(Q, Q2). Recall that your marginal equations should be derivatives of your totals! 1). Determine the prot-maximizing price and quantity. (Since MC is in terms of Q2, solving with calculus and algebra can be messy. Your table should give an exact answer.) How much total prot would your rm earn if you set P and Q according to part 13? Describe the competitiveness of the market by calculating the Lerner index. 9-9
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