Calculating profit maximizing output level in the given case

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• Determining profit maximizing output level

  For profit maximization or loss minimization MR=MC=P In the given case MR=MC=P=$3.50 So, we can say that firm is maximizing its profits or minimizing its losses at this output level.

• The answer to calculating optimal output and profit

  Total costs include a normal profit. A. Calculate Calvin's profit-maximizing output level. B. Calculate the Calvin's economic profits at this activity level. Is this activity level sustainable in the long run? A.

• What is his profit maximizing level of output and price?

  Therefore profit maximizing level of output is 600 units Price at this level is P = 1200 - 600 = 600 This posting offers help with calculating profit maximizing level of output and price of this monopolist.

• Managerial Economics: Calculating optimal price and number of lockers rented.

  Profit maximization output level and Revenue maximizing output level are same in the case where Marginal cost is zero. Solution describes the steps to calculate optimal monthly rental price and monthly number of lockers rented.

• Calculating profit maximizing output and price level

  As a monopoly, calculate output, price and profits at the profit maximizing level.

• Calculating profit maximizing output level and price

  /100000=$50 The solution describes the steps for calculating profit maximizing price and output level for a monopoly firm.

• Output, price, total revenue and total profit

  Calculate output, price, total revenue and total profit at the revenue maximizing activity level and then at the profit maximizing level (present each with relevant diagrams).

• Managerial Economics: Calculating Maximum Profit and Revenue

  Revenue=$533.33 Profit=$66.66 This solution describes the steps to calculate profit and revenue maximizing output level.

• Calculating optimal output and profit

  Calculate the profit-maximizing activity level.

• Calculating profit-maximizing output and price level

  Solution describes the steps and formulas for calculating profit-maximizing output and price level for a monopolist. It also calculates corresponding total cost, total revenue and profit/loss.