Solution-What happens when demand changes

What happens when demand changes

Reference no: EM13712022

Quantity = 200 - 5 (P) Total Cost = 400 + (4) Q Looking to find P and Q. I have the answers but am looking for step by step instructions. I get to P=40-Q/5 and then I plug that into TR = P x Q but I get stuck shortly after that. I also need help understanding what happens when demand changes to 100 - 5P

Reference no: EM13712022

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What happens when demand changes : Quantity = 200 - 5 (P) Total Cost = 400 + (4) Q Looking to find P and Q. I have the answers but am looking for step by step instructions. I get to P=40-Q/5 and then I plug that into TR = P x Q but I get stuck shortly after that. I al..

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What happens when demand changes

Reference no: EM13712022

Reference no: EM13712022

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