Firm''s marginal revenue function, Econometrics

Assignment Help:

 A firm has the following inverse demand function:

50_123.png


      where Q  is Quantity and P  is Price
 
(a) Find the firm's marginal revenue function.

(b) Find the level of output where the firm maximises its total revenue

 


Related Discussions:- Firm''s marginal revenue function

Compute the cpi and inflation rate, In a simple economy, people consume onl...

In a simple economy, people consume only 2 goods, food and clothing. The market basket of goods used to compute the CPI has 50 units of food and 10 units of clothing.

Coursework, Following the general methodology used by econometricians as ex...

Following the general methodology used by econometricians as explained in the session for week 1 (eight steps), explain how you would proceed to determine if a good complies with t

E-views, The following table gives data on the Consumer Price Index (CPI) a...

The following table gives data on the Consumer Price Index (CPI) and the Standard & Poor (S&P) company''s index of 500 common stock prices. Year CPI Index S&P 500 Index 1978 65.2 9

Structural break on GARCH model, I need help on using eviews for Iterated c...

I need help on using eviews for Iterated cumulative sums of squares (ICSS) algorithm for detecing structural break. How much would it be?

Stata, Please help me in using Stata

Please help me in using Stata

Matrix., how do l get a co factor of a matrix

how do l get a co factor of a matrix

Calculate the elasticity of the premium, You are a property insurer and one...

You are a property insurer and one of your potential clients, whose current wealth is $450,000, wants to insure her $250,000 house.  The chances of the house burning down in any gi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd