UGC NET
Sonam Asked a Question
June 20, 2021 3:48 pmpts 30 pts
  • UGC NET
  • Commerce

Price function= 100+2q and cost fumction=2q^2-50q+1500. if q is quantity , at what output will firm earn profit rs 7500?

price function= 100+2Q and cost fumction=2Q^2-50Q+1500. If Q is quantity , at what output will firm earn profit rs 7500?
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  • Sonam
    plz tell me why u didn't multiply cost function by q ? . hume ye kaise pta chlega ki q se multiply krma h ya nhi
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    Priya gulani
    cost function is inclusive of quantity and we always multiply price by quantity to find total revenue
  • Sonam
    thnk you
    Likes(1) Reply(0)
  • Priya gulani
    see if it helps you
    • cropped744859815027154727.jpg
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  • Rucha rajesh shingvekar thankyou
    see this
    • cropped6572123994893633202.jpg
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