A firm has a revenue function R(q) = 12q - q² and a cost function C(q) = 2q + 16. The minimum (smaller) break even quantity is The maximum (larger) break even quantity is $.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
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ChapterB: Differential Calculus Techniques In Management
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A firm has a revenue function R(q) = 12q - q² and a
cost function C(q) = 2q + 16.
The minimum (smaller) break even quantity is
The maximum (larger) break even quantity is
$.
Transcribed Image Text:A firm has a revenue function R(q) = 12q - q² and a cost function C(q) = 2q + 16. The minimum (smaller) break even quantity is The maximum (larger) break even quantity is $.
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