Academy of Chinese Culture and Health Sciences Algebra Questions
Need help with algebra question handwritten submissions accepted. I need it asap. Determine [i] the output level that maximises profit and [ii] the maximum profit. [f] A business’ supply function is p(q) = 0.59 +4 and its demand function is p(q) = 25 – 0.2q, where up to 40 items can be produced and sold. Calculate: the output level at equilibrium, and (ii) the market […]