Programme Code : BDP
Course Code : EEC-11
| More

Year : 2013 Views: 992 Submitted By : ishwarya lakshmi On 31st May, 2013

Do you have solution for this Question. If yes    I aslo want solution.

Q.


(a) How does monopolistic firm differ from perfect competitive firm? Explain with

illustration and diagram. Bring out the effect of selling/promotional

costs/advertising outlays on price and output under monopolistic competition.

(b) A firm has the demand function =22-0.5q-P=0,

Cost function =

3

1

q2-8.5q+50+90/q

Find out the output which maximizes total revenue


No Answer Found