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WAEC GCE Nov/Dec 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 332996

A firm has the following total revenue and total cost function: TR = 100q -...

A firm has the following total revenue and total cost function:
TR = 100q - 2q2
TC = 50 + 40q
a) Derive marginal cost
b) Derive marginal revenue
c) Determine profit maximizing output level
d) Determine the profit maximizing selling price?

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC GCE Nov/Dec 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 332996
Join your school's WhatsApp group
WAEC GCE Nov/Dec 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 332996
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Myschool's prices for products & services are going up in November - Buy what you need now