Order
Toll-free 24/7:
+1 725-224-8795
Order

Firm’s Cost Function Assignment | Homework For You

Author:
December 18th, 2019

Define Q to be the level of output produced and sold and assume that the firm’s cost function is given by the relationship. TC=20+5Q+Q^2 Furthermore assume that the demand for the output of the firm is a function of the price P given by the relationship Q=25-PHomework For You

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

a. Define total profit as the difference between total revenue and total costs, and express in terms of Q and total profit function for the firm. (Note Total revenue equals price per unit ties the number of units sold)

b. Determine the output level where total profits are maximized.

c. Calculate total profits and selling price at the profit maximizing output level

d. If fixed costs increase on the profit maximizing output level and toil profits. Get Economics homework help today

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business Studies
This was done in an excellent manner. The writer paid attention to the details that were required when worked on this project. Awesome, Thank you!
Customer 454345, May 7th, 2020
Business and administrative studies
Avoid plagiarism.
Customer 459305, March 29th, 2022
Education
Excellent work!
Customer 463337, April 18th, 2023
Senior Services
Outstanding quality.
Customer 452441, April 13th, 2022
English 101
Good job
Customer 454209, June 2nd, 2020
Nursing
thks
Customer 453939, January 27th, 2020
SEO
A job well done
Customer 463679, April 30th, 2023
Military
good job
Customer 456821, November 21st, 2021
Accounting & Finance
good work
Customer 452441, April 12th, 2022
SEO
The article was well researched on and well written. Thank you for following the instructions. I'm very pleased with the work I received.
Customer 463869, March 20th, 2023
Business
Excellent work!
Customer 463469, October 17th, 2022
Health Care
Thank you so much!
Customer 454001, March 8th, 2020
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Show more