Re: jnu 2007

Posted by aastha on May 21, 2012; 10:34am
URL: http://discussion-forum.276.s1.nabble.com/jnu-2007-tp7565621p7568962.html

@ sweta

inverse demand function : p= 1-q
                        TR :p*q=q-q^2
                         MR=1-2q
                          here q = 0.1 so MR = 0.8
                         at profit maximizing condition MR=MC
                         so MC = 0.8