Identify optimal production level

Reference no: EM13122592

If total cost function and demand function are as under,

TC = 10,000 + 100Q + 0.02Q^2
Qd =20,000 - 100 P

how do I determine the short-run profit maximizing price and quantity? How do I determine the maximum profit accruable to the firm ?

Reference no: EM13122592

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