Question: i am having trouble finding out the right numbers for this one. need help. give me the right numbers. have a good day. A firm

i am having trouble finding out the right numbers for this

i am having trouble finding out the right numbers for this one. need help. give me the right numbers. have a good day.

A firm faces the demand curve P= 60 - Q. Its total cost curve is given by C = 50 + 0.2Q2 a. Find the point where total revenue is maximized. What is the amount? Use the second order condition test to verify it's a maximum. b. Set up the profit function /= f (Q) and find the output level that will maximize its profit. How much profit will the make? Use the second order condition test to verify if it is indeed a maximum. **Please note that you can upload notes to Blackboard after the exam * * For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px A v TX ... P 0 WORDS POWERED BY TINY

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