Order the answer to: Giant Screen TV, Inc., is a Miami-based importer and distributor

Order the answer to: Giant Screen TV, Inc., is…

Question	Giant Screen TV, Inc., is a Miami-based importer and distributor of 60-inch screen HDTVs for residential and commercial customers. Revenue and cost relations are as follows: TR = $1,800Q – $0.006Q2 MR = ?TR/?Q = $1,800 – $0.012Q TC = $12,100,000 + $800Q + $0.004Q2 MC = ?TC/?Q = $800 + $0.008Q A. Calculate output, marginal cost, average cost, price, and profit at the average cost-minimizing activity level. B. Calculate these values at the profit-maximizing activity level. C. Compare and discuss your answers to parts A and B.
Subject	business-economics

Question

Giant Screen TV, Inc., is a Miami-based importer and distributor of 60-inch screen HDTVs for residential and commercial customers. Revenue and cost relations are as follows: TR = $1,800Q – $0.006Q2 MR = ?TR/?Q = $1,800 – $0.012Q TC = $12,100,000 + $800Q + $0.004Q2 MC = ?TC/?Q = $800 + $0.008Q A. Calculate output, marginal cost, average cost, price, and profit at the average cost-minimizing activity level. B. Calculate these values at the profit-maximizing activity level. C. Compare and discuss your answers to parts A and B.

Subject

business-economics

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