San Francisco State University

2251 ECON 301 01Z J1 1027 Quiz 7 (1% of Course Grade) Chapter 20 Profit Maximization

7

Questions

43%

Verification Rate

Question Preview

7 questions

short_answer_questionSolved

Suppose that the demand function for a computer is q = 64– 2 p. If the firm has a constant average and marginal cost of $9, what is the profit maximizing output q? Round your answer to the nearest 0.0...

11 months agoView Solution →

Log in to view

Log in to view

View all 7 questions

Sign up for free to access the full question bank and detailed solutions