The demand function for a good is given by the equation  P= 50 – 2Q,  while total cost is given by    TC = 160 + 2Q Write down the equation for the total revenue. Write down the equation for the profit. Find the value of Q when the firm breaks even.

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Q: b) A firm's total cost function is TC = 0.1Q³ -0.5Q² + 8Q + 10 and total revenue is TR = 52Q -0.25Q²…

A: As given TC = 0.1Q3 -0.5Q2+8Q +10 TR = 52Q - 0.25Q2 +8

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A: please find the answer below.

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A: