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Solution nike air max 90 em 2a. = TR TC = PQ CQ = 32Q 2Q2 2Q2 = = 32Q 4Q2
Solution 2b. uggs sale TR = 32Q 2Q2
FOC d TR/dQ = 32 4Q 0. Thus, Q = 8.
SOC d2 TR/dQ2 = 4 . Thus, Q = 8 is a maximum.
Solution 2c. The quantity that maximizes total revenue is Q = 8, according to the first and second order conditions in Solution 2b. The price that maximizes total revenue is
32 28 = P nike air max running shoes = 16. Total revenue at this level is PQ = 168 = TR =128. We note that AVC here is 2Q = 28 = 16, so price is at least equal to average variable cost.
Solution 2d. FOC d/dQ = 32 uggs for women discount uggs nike air max 360 nike acg air max goadome 8Q = 0. Thus, Q nike air max speed turf dolphins = 4.
SOCd2/dQ2 uggs boots on sale = 8 . Thus, Q nike air max womens = 4 is a maximum.
Solution 2e. The quantity that maximizes profit is Q = 4, according to the first and second order conditions jimmy choo uggs in Solution 2d. The ugg slippers price that maximizes profit is
32 24 = P = 24. Total profit at this level is 324 442 = = 64.
Here, 24 16, so P AVC, and it is optimal for the firm to produce nike air max plus Q = 4.
Solution 2f. The firm will produce at P = MC, where P = 32 2Q. TC = 2Q2, so MC = 4Q. Thus, 32 2Q = 4Q. Thus, 32 = 6Q nike air griffey max and Q = 32/6 = Q = 16/3. P = 32 216/3 = P = 64/3Profit Organizations in Tampa Bay
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Eckerd Youth Alternatives 100 Starcrest Dr., Clearwater, FL 33765Named 2010 Nonprofit Organization of the Year, Eckerd Youth Alternatives has been helping nike air max 2013 mens to change the cheetah print uggs Cyber Monday lives of children since 1968. In 1982, they were asked to operate the first private juvenile justice program in the history of the state of Florida. Today, they remain a leading provider of Day Treatment and Residential Therapeutic Programs for troubled youth.
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727 391 6211 or 727 391 2473
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