Profit maximization problem with Advertising expenditure

Описание к видео Profit maximization problem with Advertising expenditure

A firm with market power faces the demand curve given by P = 100-3Q +4√A, where P, Q and A denote price, quantity and expenditure on advertising respectively. The total cost is given as C = 4Q² + 10Q + A. Find the firm's profit maximising price.

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