profit maximising level of output and price from Revenue and Cost functions

The revenue and total cost functions for a market product are given
R(Q)=125Q-Q² and C(Q)=-500+5Q+0.5Q²
Find the profit maximising level
of output and price

[@petererue9306]

5:31PM perfect competition Q = 300 - 2P TC = 150 + 10 Q
Given demand and cost function as below show that the monopolist produces half the output under perfect competition Q = 300 - 2P TC = 150 + 10 Q

[@ECONMATHS]

Uploading righ now

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[@shashanishashikala9199]

Thank you so much 🙏🙏🙏🙏this video usefull to me from srilanka

[@ECONMATHS]

My pleasure

[@adeelasiddique7304]

You're way of teaching is just so awesumeeeeee❤

[@ECONMATHS]

Thanks for the appreciation

[@abrahamyrn]

Thank you so much, this was really helpful ❤️

[@ECONMATHS]

Thanks for the appreciation . Keep shining and stay blessed

[@mamutgabrielwal9659]

Try to answer that question please, I'm in love with your presentation.

[@ECONMATHS]

Thousand apologies brother. I can't help with this

[@TanishaSunar1]

❤

[@janemuchiri5626]

well explained

[@arifahmad4646]

Keep going

[@ankitagarg1334]

Revenue = 20 q-q² , cost = q²+ 8q + 2 , find the equilibrium level of firmv, price , total revenue , total profit ? Please solve this question sir

[@kcee21]

Did you get your answer or can I assist you with it

[@ramsagarshukla4915]

Suppose the cost and revenue functions are as follows: C = 100 +5Q² and R = 150Q-2.5 Q².. Determine the profit maximising output, maximum profit and profitable range of output

[@ECONMATHS]

solved and uploaded

[@ECONMATHS]

please share this channel with your Economics friends.

[@ramsagarshukla4915]

@@ECONMATHS Thank-you So Much Sir 🙏🌹

[@njorogeamos7117]

great hero!,,,,thank you so much

[@nasserzahranalkindi2820]

smooth discription , thank you

[@ECONMATHS]

Thanks for the appreciation

[@gummy-o-taekoo8390]

So happy to see this..thank you so much sir

[@lowkey8770]

Now i understand better got my upcomin exams in a weeks time

[@aajatak477]

Thanks sir ❤❤❤

[@GigiWik10]

Thank you so much sir🙏

[@ECONMATHS]

my pleasure

[@Candyberrie]

Thank you so much🙏🏽 this was so helpful

[@ECONMATHS]

My pleasure

[@innocentdzowera1418]

Thanks...

[@ferihaqureshi5554]

👌keep going

[@AbdallaMohamedAhmed]

Thanks sir ❤

[@taraadhikari4432]

Thank you so much sir ❤

[@sonusanu2204]

Thanks

[@kisakyejemimahmercy540]

Thank u so much

[@ECONMATHS]

Thanks for the appreciation

[@alhassandavidturay3578]

Please help e solve this problem
Assuming the cost and demand function for two competing firms X and Y are given by:
Cx=60,000+10Qx, Cy=30,000+ 15Qy
Qx=15,000- 1000px+750py
Qy=15,000+750px-1000 py
Determine the
(i) price reaction function for each firm
(ii) equilibrium quantities and profit assuming firm x is the leader and firm y is the follower and comment on the result

[@semlinarai5806]

Thank you sir😊🙂

[@ECONMATHS]

My pleasure

[@williammhone8989]

Can you kindly help me solve this question..
The demand curve for a firm producing two products are given by q1=p2-p1+15 and q2=p1-2p2+40 and its cost function is given by c=q1^2+q1q2+q2^2 determine the optimal values for the output of the two products?

[@ECONMATHS]

First find TR for firm 1
, Then Find MR for firm 1, . After that Derive MC from TC for firm 1
And then Equate MR1= MC1
that will give the optimal level of output ie Q1 = (P2 + 15 -Q1)/15
. Similarly do for firm to also

[@adeelasiddique7304]

Awesumeeeeee ❤

[@MysteriousMan-vf2rw]

Hi wat your name

[@byamungusimon3204]

I'm still finding it hard to find a difference between;
1. Profit maximizing level of output; and
2. Revenue maximizing level of output.
Need help

[@mamutgabrielwal9659]

Given a firm that's engaged in production of maize and is faced with a cost function of C:1500+100Q and a revenue function of R:500Q-2Q2 that's squared. Use the above information to answer the following questions.
a) output of a profit maximizer.
b) output of a sales revenue maximizer.
c) Compare the price of a sales revenue maximizer with that of a revenue maximizer.
d) Compare the profit of a sales revenue maximizer with that of a revenue maximizer.
e) suppose now a profit of$ 17988 is set by the stakeholders, establish whether it's operative or non operative profit contraint?
f) suppose the profit is reduced to C: 1000+100Q, determine its impact on the price and revenue maximizer. Assume minimum profit of @17988.

[@ECONMATHS]

Sorry brother I can't solve this as all the space would be taken by the question on white board

[@daone1264]

Can you work this problem:
If a monopolist faces a constant elasticity demand curve given by Q=202500P^-3 and has total cost given by TC=10Q, it’s maximumizing level of output is?

[@RestyanaPutri-iz6ki]

Sir, help me please for the question
2) If the demand function for a good is written, it is
Q=100,000- 200 På the total cost function is TC 150,000 0.003Q 100Q Determine the level of production that produces max profit
What is the maximum profit? b. What selling price produces max profit?

[@williammhone8989]

Thanks 🙌🔥

[@ukpenignatiusigbawase1931]

Please Sir, could you help solve problem for me, this is two weeks with it, yet no understanding.
A firm's average cost function is given by Y=x²-20x+120 where Y is average cost in naira per unit of output and output price is N10 and is same at all levels.
1. Find the output levels at which the firm breaks even(i.e price=average cost)
2. Graph the cost function and show solution
3. Find a range of prices over which the firm makes across at all levels of output

[@student4428]

Make IGNOU MEC videos also

[@ishasah6292]

Sir, this is the case of monopoly right??

[@tabithamuruga-zh6tg]

Hello, help me to work out the following questions, Given the following total profit function (where q output): π= 250000+20000q-2q2.
I.) Determine the level of output that maximizes profit.
2.) Show that the value of A determined in (I.) Maximizes rather than minimizes profit.

[@astitchintime5654]

now if a subsidy of 2 dollar paid to firm thn what will be the profit max price and output? can u give me hint ASAP?

[@abdullahiabdikadir3207]

APPLICATION PROBLEMS IN COST, REVENUE AND PROFIT
PROBLEM 1
Super Toys Ltd. (STL) manufactures and sells toys. “Super car” is one of their popular models. The
marketing department has estimated the demand function for the model to be linear. If the price was
fixed at Sh. 570, the daily sales of the model would be 400 toys, whereas if the price was increased
to Sh. 820, the daily sales would drop to 200 toys
Data from the production department indicate that the incremental cost of producing q toys of the
model is given by the equation;
C (q) = 2q - 570
and that the daily fixed cost is Sh. 1,100.
Required:
(i) The revenue functions if q toys are sold.
(ii) The total cost function.
(iii) The daily break-even number of toys ...please help

[@LinaLina-uq5oh]

The total cost function and the market demand function of a competitive firm
are C C= x310x2 + 9x + 1000 and x = (12p)/9 respectively. The level of output at which profits will be maximised?

[@LinaLina-uq5oh]

Please solve

[@rihanakhan1128]

Sir please help me with this question
A monopolist faces a demand curve given by Q=20/p. The marginal revenue curve is given by
(a)MR(p)= -10/p^2
(b)MR(Q)= -10/Q^2
(C)Q=0
(d)P=0

[@ZakirKhan-jo8ko]

Sir given function π=1/3Q^3-3Q^2+5Q+3
Find the profit maximizing level of output
Find the maximum level of output

[@ZakirKhan-jo8ko]

Sir plz solve it

[@ZakirKhan-jo8ko]

Sir plz solve it

[@ECONMATHS]

Uploaded successfully

[@sasibaratam1709]

find the optimal output in order to maximize profit given that revenue function is R(q)=9000Q-207q^2and the cost function is C(q)=18q^2.find the profit at q=50
Sir can u give the solution for this problem

[@princedayana2987]

use the demand equation given to fill in the below , consider quantity from unit 1 to 6
Q =48-0.02p
quantity price TR AR MR
using the demand equation given above , find the revenue maximizing and output
it the total cost function is given as TC=480 +2Q2 , find the profit maximizing price, output and calculate the maximum profit that can be made.

[@rajusanadi2718]

Sir please suggest me good text book for economics numerical problem

[@DanimanTilahun]

TC=100 + 4Q - 3Q^2 + Q^3 Find level out put when MC=AVC,MC=ATC and MC=AFC.

[@abdubsankalo]

What will happen if you have given q=280000 - 400p
And yet you have given total cost of production c= 350,000 +300q +0.0015q²

[@mdshohaghossen8065]

Please help to solve this question -
The total revenue (TR) and Average Cost (AC) functions of a firm are given by
TR = 4350Q - 13Q ^ 2
AC = Q ^ 2 - 5.5Q + 150 + 675Q ^ 2
Where Q refers to quantity of output. Find the profit maximizing level of output and maximum profit.

[@ECONMATHS]

Please write the question properly

[@mdshohaghossen8065]

@@ECONMATHS what's wrong in this question? I take it from a question paper

[@ECONMATHS]

@@mdshohaghossen8065 exponents are not clear for last term

[@mmjallow7078]

Can u plz help me.
How is it proven that mc=mr when profit is maximised

[@apnachannel1025]

You are from Kashmir?

[@ECONMATHS]

Yes , from Indian Kashmir

[@apnachannel1025]

Han lga he ap ky accent sy Ghalib kha ap NY past paper video mein well ap ki videos achi hn 💐 from Pakistan

[@ECONMATHS]

Thanks for the appreciation

[@apa289]

Suppose the cost and revenue functions are as follows: C = 100 + 5𝑄
2
and R = 150Q - 2.5 𝑄
2
.. Determine the profit maximising output,
maximum profit and profitable range of output.
Can anyone please help me with this sum ?

[@alysakharel8323]

c=Q2+8q+2.
r=20Q-q2
find price that maximizes the output can u solve the problem please

[@ECONMATHS]

What are c and r in question

[@alysakharel8323]

@@ECONMATHS c is cost function and R is revenue function

[@ECONMATHS]

@@alysakharel8323 ok got it. I ll INSHALLAH tomorrow make video on that

[@ramsagarshukla4915]

Sir Please Help me with this 🙏🌹

[@ECONMATHS]

check last video