Business Economics

PART A 1) The demand for a product is given by P=6600-10Q, where Q is the number of the product sold and P is the price. The total cost of production is C(Q)=Q2 and, therefore, marginal cost MC=2Qa) What is the optimal output, price, and profit for the firm,...

Business economicx

ASSESSMENT (a) Structure of assignment and assessment task There is one coursework to be submitted, embedding the reflective task (Part A) and the applied analytical task (Part B). After integration of all tasks, your paper structure should look as follows...