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Home / Questions / 1. The Bramwell Corporation has estimated its demand function and total cost function to be as.

1. The Bramwell Corporation has estimated its demand function and total cost function to be as.

1. The Bramwell Corporation has estimated its demand function and total cost function to be as follows:

Q = 25 – 0.05p
TC = 780 + 200Q

What will be the price and quantity if Bramwell Corporation wants to

a. Maximize profits?

b. Maximize revenue?

c. Maximize revenue but require the profit to be a minimum of RM300?

Apr 06 2020 View more View Less

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