Thank you! I have some questions though
-3+ 15Q- 1.25Q2 is 15- 2(1.25)Q= 15- 2.5Q
What happened to the -3? also , is it 2(1.25) because the Q was squared?
Thank you
Lost
I think I am lost on the differentiated part. I can't believe I had 12^2 as 24! I know better then that sorry :)
Ok I think I did it! Is the dir 0?
I Think I am right on a, but not quite sure on B. I put this in the calc section, because I think B needs to be solved as a dirivitive.
Thank you
Given a firms profit curve of:
Profit= -3 + 15Q - 1.25Q^2
a) Calculate the output that would maximize the firms's profit.
15-1.25Q^2=0...