Practice 7

Diketahui

P=2QS2 +10QS +10

P=−QD2 −5QD +52

Jawab

Pd =Ps

2 Q S 2+10 Q S+ 10=−Q D 2−5 Q D+52

3 Q 2+1 5 Q−42=0

(3 Q−6)(Q+7)=0

Q=2

P=2−Q D 2−5Q D+52

P=−22−5(2)+52

P=38

Practice 7

Sketch, on the same diagram, graphs of the total revenue and total cost functions, TR =
−2Q2 + 14Q

TC = 2Q + 10

. (1)  Use your graphs to estimate the values of Q for which the firm (a) breaks even;(b)
maximises profit.

. (2)  Confirm your answers to part (1) using algebra.

Jawab: 24,5 TC = 2Q + 10

15

12
10
TR = −2Q2 + 14Q
Q
0 1 3,5 5

2.

a. breakeven

TR=TC

−2Q2 + 14Q = 2Q + 10

−2Q2 + 12Q–10 = 0

(-2Q+10) (Q-1)=0

Q=1

Q=5
TC = 2Q + 10 TC = 2Q + 10

TC = 2(1) + 10 TC = 2(5) + 10

TC=12 TC = 20

TR = −2Q2 + 14Q TR = −2Q2 + 14Q

TR = −2(1)2 + 14(1) TR = −2(5)2 + 14(5)

TR = 12 TR = 20

b. maximize profit

−b
X=
2a

−14
X=
2(−2)

X =3,5

Q = 3,5

−b 2−4 ac
Y=
4a

−14 2−4 (−2)(0)

Y=
4(−2)

Y =24,5

P = 24,5
TR = −2Q2 + 14Q

TR = −2(3,5)2 + 14(3,5)

TR = 24,5 + 49

TR = 73,5

TC = 2Q + 10

TC = 2(3,5) + 10

TC = 17

Profit = TR-TC

= 73,5 – 17

= 56,5