Ex: Given the Cost and Demand Functions, Maximize Profit

[@Julavo]

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[@jethryyerta1619]

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[@carterrr523]

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[@indomitablegaurav]

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[@ok-lc8uz]

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[@jethryyerta1619]

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[@s.smahapatra2164]

Please, if possible request to you kindly solve the problem. A monopolist faces the demand curve Q=60-P/2. The cost function is C=Q×Q. Find the output that maximises this monopolist's profit.What are the prices at profits and that output? Find the elasticity of demand at the profit maximising output.

[@hoaxgaming7978]

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[@GEORGIANATOR123]

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[@Zoooooooooooo]

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[@_bravegirljessica_]

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[@EKWANGEBEN-qs4iz]

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[@priyap4909]

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[@Scrizal]

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[@towerguarder]

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[@Mathispower4u]

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[@shrutibarhanpurkar6373]

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[@alanshaksakan7785]

Pls sent answers this question (Q=80-5p, C=30+2Q+0.5Q²