Suppose you are considering growing and selling maize., Ask an Expert

Economics

suppose you are considering growing and selling maize. you would be operating within a competitive market with no influence over price. assume the current price for maize is $70 per 100kg bag and the short run cost function, where Q represents bags of maize per year, is TC=800+16Q+Q^2. Illustrate what is the profit maximising out put?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9284360

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