Further Optimization of Economic Functions Al Muizzuddin F Mat.Ek.Lanjutan

Objectives Show that, at the point of maximum profit, marginal revenue equals marginal cost. Show that, at the point of maximum profit, the slope of the marginal revenue curve is less than that of marginal cost. Maximize profits of a firm with and without price discrimination in different markets. Show that, at the point of maximum average product of labour, average product of labour equals marginal product of labour. 5/6/2013

The previous section demonstrated how mathematics can be used to optimize particular economic functions. Those examples suggested two important results: 5/6/2013

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Diskriminasi Harga 5/6/2013

Example 1 5/6/2013

Solution 5/6/2013

Hence 5/6/2013

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Ada pertanyaan? 5/6/2013

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Evaluate the profit under each policy 5/6/2013

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