#HELP: Not even albert Einstein can solve this
47 messages · Page 1 of 1 (latest)
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not even sure what step 1 is
What is marginal revenue and marginal costs?
Answer these questions first, then you can start thinking on the problem
how
need help, someone please
Do you know what th terms mean?
no
Then go and see what they mean
Of course you don't know how to solve the problem because you don't understand what the question asks
Go see what they mean
Then see what the question asks
Then try your best
and then ask for help
I can help you with the math but I don't know economical terms
where can I find out what they mean
on YouTube?
can you help me with that,putting aside the economical terms?
Ye
ok
After you work on the problem with your best then shows what you worked so far and then we will help you
ok
it still maths tho
got this so far
What does marginal revenue and marginal costs mean?
So the marginal revenue and the marginal costs are the derivatives of the total revenue and total cost?
@unique karma
hi
yes
Why is the marginal cost 100$?
isn't 100$ the cost of one unit?
is that what it means?
yes
total revenue is price * quantity
so after I worked out P
I multiplied it by Q
to get 50Q-0.5Q^2
But idk what to do next
i think the answer is B
if u cant add or subtract yes its maths
Its A