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Benefit and total cost from a continuous activity

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Reference no: EM131060596

Suppose that the total benefit and total cost from a continuous activity are, respectively, given by the following equations:

B(Q) = 100 + 36Q - 4Q2 and C(Q) =80 + 12Q.

(Note: MB(Q) = 36 - 8Q and MC(Q) = 12.)

N(Q) = 20 + 24Q + ____

The correct answer is 20 + 24Q - Q^2

Reference no: EM131060596

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