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P = 300 -0.001Q TC= 9,000,000 + 20Q + 0.004Q2 Where P is Price, Q is Output and TC is Total Cost A. Compute Sunflower's optimal price/output combination

 Nov 5, 2016
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You have to know the value of one of the variables: P , Q, TC=A in order to get a numerical solution.

By the way, what is 2 doing at the end of this term: 0.004Q2 ? Is it supposed to be Q^2??.

 Nov 5, 2016

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