Given: TR = 193Q -4Q² TC = 1/3Q³-12Q²+179Q+100 (A). Find Q to get maximum TR (Notes: Use 3 digits after decimal point) Following previous question: (B).Find maximum TR (C). Find average cost when Q = 7
Given: TR = 193Q -4Q² TC = 1/3Q³-12Q²+179Q+100 (A). Find Q to get maximum TR (Notes: Use 3 digits after decimal point) Following previous question: (B).Find maximum TR (C). Find average cost when Q = 7
Chapter4: Economic Evaluation In Health Care
Section: Chapter Questions
Problem 7QAP
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![Question
Given:
TR = 193Q -4Q²
TC =
1/3Q³-12Q²+179Q+100
(A). Find Q to get maximum TR
(Notes: Use 3 digits after decimal point)
Following previous question:
(B).Find maximum TR
(C). Find average cost when Q=7](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F27da7cfc-6aa3-4649-bc58-88fba4a008ac%2F382d8e4d-6e6d-45aa-8cee-6f7a855f648e%2Fx17w3eb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question
Given:
TR = 193Q -4Q²
TC =
1/3Q³-12Q²+179Q+100
(A). Find Q to get maximum TR
(Notes: Use 3 digits after decimal point)
Following previous question:
(B).Find maximum TR
(C). Find average cost when Q=7
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