Слайд 2Cappuccino (1)
Demand function for a cup of cappuccino is Q = 100
- P. Let assume that MC is 0.
Find the best price on the diagram.
Find the best price with algebra.
Which approach is faster?
Слайд 3Cappuccino (2)
Demand function for a cup of cappuccino is Q = 100
- P.
Let assume that MC is 10.
Find the best price on the diagram.
Find the best price with algebra.
Which approach is faster?
Слайд 4Cappuccino (3)
Demand function for a cup of cappuccino is
Q = 100
- P. Let assume that MC=0.1Q
Find the best price on the diagram.
Find the best price with algebra.
Which approach is faster?