My Math Forum A monopolist (company A) has the following cost & revenue

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 December 7th, 2010, 07:16 PM #1 Newbie   Joined: Nov 2010 Posts: 6 Thanks: 0 A monopolist (company A) has the following cost & revenue Last question that stumped me I promise: Q TC Price 0 100 170 1 140 160 2 184 150 3 230 140 4 280 130 5 335 120 6 394 110 7 475 100 8 575 90 What is the maximum profit A could earn? What is fixed cost for A when they are maximizing their profits? What price should A charge if their goal is to maximize profits? What is the profit maximizing quantity of output for A?
 December 8th, 2010, 01:35 PM #2 Global Moderator   Joined: May 2007 Posts: 6,823 Thanks: 723 Re: A monopolist (company A) has the following cost & revenu It would help if you defined your terms. Q, TC?
December 8th, 2010, 03:15 PM   #3
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Re: A monopolist (company A) has the following cost & revenu

Quote:
 Originally Posted by mathman It would help if you defined your terms. Q, TC?
Presumably quantity and total cost.

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