Recent content by iceman87

Thanks for your help guys sorry I'm real bad at calculus so the terminology I use may be completely wrong. I think I have worked out revenue maximization is this correct MR = MC 900 - 2Q = 100 2Q = 800 Q = 400 At Q = 400, (1000*400 – 400^2) – (50000 + 100*400) = $150,000 P =...

so now that I have the 900Q - Q^2 - 50000 in differential calc that simplifies to 900Q - 2Q and i know how to work out quantity that is when you have to make the equation equal to 0 so 900 - 2Q = 0 Q = 450 then to get profit maximisation you have to put 450 back in the...

Im having trouble with this equation and not sure if my calculations are correct, i think i have worked out the profit maximisation correct but am unsure how to calculate the revenue maximisation1. Desktop Publishing Software Inc. develops and markets software packages for business computers...