Answer to Question #73972 in Microeconomics for Zulfiqar Ali
Given the following function that relates total revenue (TR) to output (Q),
TR = 20Q - 2Q^2
a. The marginal and average cost functions.
b. The Marginal revenue function
C. The rate of output for which marginal revenue is zero.
d. if there is any connection between your answer to parts (a) and (c)? Explain
A.it is impossible to find cost functions based on revenue function B.MR=20-4Q C.Q=5 D.-
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