Isabel Vordzorgbe
New member
Demand Equation: Q= 30,000-P
Price: 14,000. If you plug Price in you get Q: 16,000. Then Total Revenue: P*Q= 224,000,000.
How do you find the total cost if given these numbers?
Price: 14,000. If you plug Price in you get Q: 16,000. Then Total Revenue: P*Q= 224,000,000.
How do you find the total cost if given these numbers?