Suppose marginal revenue of the firm is estimated to be
$$M R = 15 - 0.5 Q$$ . If the firm has no marginal costs, what is the optimal output that would maximize the profit?

Question

Suppose marginal revenue of the firm is estimated to be 
 $$M R = 15 - 0.5 Q$$ . If the firm has no marginal costs, what is the optimal output that would maximize the profit?

Quizplus · Accepted Answer

The Answer of Suppose marginal revenue of the firm is estimated to be 
 $$M R = 15 - 0.5 Q$$ . If the firm has no marginal costs, what is the optimal output that would maximize the profit?

Suppose Marginal Revenue of the Firm Is Estimated to Be MR=15−0.5QM R = 15 - 0.5 QMR=15−0.5Q

Suppose Marginal Revenue of the Firm Is Estimated to Be $M R = 15 - 0.5 Q$