further optimization of economic...
TRANSCRIPT
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 marginalcost. 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 marginalproduct of labour.
5/6/2013 2
The previous section demonstrated how mathematics can be usedto optimize particular economic functions. Those examples
suggested two important results:
The previous section demonstrated how mathematics can be usedto optimize particular economic functions. Those examples
suggested two important results:
5/6/2013 3
5/6/2013 4
5/6/2013 5
5/6/2013 6
5/6/2013 7
Example 1
5/6/2013 8
Solution
5/6/2013 9
Hence
5/6/2013 10
5/6/2013 11
5/6/2013 12
Ada pertanyaan?
5/6/2013 13
5/6/2013 14
5/6/2013 15
5/6/2013 16
Evaluate the profit under eachpolicy
5/6/2013 17
5/6/2013 18
5/6/2013 19