00:01
Firstly, we need to evaluate the profit over here.
00:04
Sorry price over here.
00:06
So profit is evaluated as p wherein we subtract mc which is marginal cost multiplied by q which is said to be wherein we subtract fixed cost.
00:22
Q is said to be quantity.
00:24
So then profit is 30 ,000 wherein we subtract 0 .1 q wherein we subtract 20 ,000 multiplied by q wherein we subtract 18 crore.
00:44
So then differentiating the profit by dq we get 30 ,000 wherein we subtract 0 .1 q wherein we subtract 20 ,000 to which we subtract 0 .1 q.
01:06
So the value then is 10 ,000 wherein we subtract 0 .2 q we put the value equal to 0.
01:15
So 10 ,000 wherein we subtract 0 .2 q is equal to 0.
01:21
So the value of q then we have is 50 ,000.
01:26
So then p value is evaluated as 30 ,000 wherein we subtract 0 .1 multiplied by 50 ,000...