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? Competition: Assume: ???? = 450 – 15?? + 2?? 2 ???? = ???????????? = 6,500 – 100?? ???? = ???????????? = 1,200?? Find Total Revenue, Total Cost, Price, Quantity and Profit ? Monopoly: ???? = 10,000 + 100?? + 0. 20?? 2 ???? = 20,000 – 10?? Find Total Revenue, Total Cost, Price, Quantity, Profit and Elasticity Document Preview:

Computational Exam #1 ? Competition: Assume: 2????=450-15??+2?? ??=????????????=6,500-100?? ????=????????????=1,200?? ??Find Total Revenue, Total Cost, Price, Quantity and Profit ? Monopoly: 2????=10,000+100??+0.20?? ??=20,000-10?? ??Find Total Revenue, Total Cost, Price, Quantity, Profit and Elasticity To get full credit … ? Show your work step by step ? Save your file as “LastName_FirstName_Exam1” ? Please submit your exam in Dropbox under “Computational Exam 1” ? Submit it by Sunday, March 25, 2018 by 11:59 PM (CST)

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