A firm’s demand curve in period 1 is Q=25 - P. Fixed costs are 20 and marginal costs per unit are 5.
a. Derive equations for total revenue and marginal revenue.

b. At what output will marginal revenue be zero?

c. At what price will total revenue be maximized?

d. At what price and output will profit be maximized?

e. Calculate the maximum profits the firm makes​

this defines the ability for a flex item to grow if necessary. it accepts a unitless value that serves as a proportion. it dictates what amount of the available space inside the flex container the item should take up.

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a memoir is the correct answer

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