Recent content by jose_m

go it solved! thanks for that little fact i did miss. that equals to 4q^2-40q+80, which its derivative is 8q-40, and its critical value is 5, with a maximum of 5. thanks. :D

Homework Statement For a monopolist's product, the demand equation is: p = 42 - 4q and the average-cost function is c = 2 + (80/q) Find the profit-maximizing price. Homework Equations When i started to solve the problem, i deduced...