Mathematics 1 Deneme Sınavı Sorusu #1357156

Suppose a firm has a demand curve for its product given by D=32-2Q and the firm’s costs of the production and marketing are C(Q)=2Q². Find the formula for profit P, in terms of Q?

P(Q)=32Q-2Q²

P(Q)=32-2Q-2Q²

P(Q)=32Q-4Q²

P(Q)=32Q-2Q-2Q²

P(Q)=32Q-2Q²

Yanıt Açıklaması:

The profit is the revenue minus the cost. In this case the revenue is the demand multiplied by the price giving R(Q)=(32-2Q)Q=32Q-2Q². Inserting revenue and cost into the equation for profit we obtain P(Q)=32Q-2Q²-2Q²=32Q-4Q².

PAYLAŞ:

SORUNUN CEVABI: C

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Mathematics 1 Deneme Sınavı Sorusu #1357156

Suppose a firm has a demand curve for its product given by D=32-2Q and the firm’s costs of the production and marketing are C(Q)=2Q2. Find the formula for profit P, in terms of Q?

SORUNUN CEVABI: C

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Suppose a firm has a demand curve for its product given by D=32-2Q and the firm’s costs of the production and marketing are C(Q)=2Q². Find the formula for profit P, in terms of Q?