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Marginal revenue curve and total cost curve

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Reference no: EM131205142

OneSource is a producer in a monopoly industry. The demand curve, total revenue curve, marginal revenue curve and total cost curve for OneSource are given as follows:

Q = 160 - 4P TR = 40Q - 0.25Q2 MR = 40 - 0.5Q TC = 4Q MC = 4

a) How much output will Barbara produce?

b) What price will OneSource charge for the output?

c) How much profit will OneSource make?

Need the answer within 4 hours and the work must be shown

Reference no: EM131205142

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