3- Faced with two distinct demand functions Qi = 24 - 0.2P, Q2 = 10 – 0.05P2 Where TC 35+40Q, what price will the firm charge (a) with discrimination (b) without discrimination 4- Prove that total...


please solve question 4- Prove that total revenue is maximized for a linear demand function, P = a - bQ point where Q = a / 2 * b .



- Minimize the following cost function:



TC = 1/3 * Q ^ 3 - 8.5Q ^ 2 + 60Q + 27


3- Faced with two distinct demand functions<br>Qi = 24 - 0.2P,<br>Q2 = 10 – 0.05P2<br>Where TC 35+40Q, what price will the firm charge (a) with discrimination<br>(b) without discrimination<br>4- Prove that total revenue is maximized for a linear demand function, P = a -bQ, point<br>where Q = a/2b .<br>- Minimize the following cost function:<br>TC = 1/3Q' - 8.5Q² + 60Q+27<br>%3D<br>80=10-05P<br>P=lo-20<br>

Extracted text: 3- Faced with two distinct demand functions Qi = 24 - 0.2P, Q2 = 10 – 0.05P2 Where TC 35+40Q, what price will the firm charge (a) with discrimination (b) without discrimination 4- Prove that total revenue is maximized for a linear demand function, P = a -bQ, point where Q = a/2b . - Minimize the following cost function: TC = 1/3Q' - 8.5Q² + 60Q+27 %3D 80=10-05P P=lo-20

Jun 10, 2022
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