Objectives
 Show that, at the point of maximum profit, marginal
revenue equals marginal cost.
 Show that, at the point of maximum profit, the slope of
the marginal revenue curve is less than that of marginal
cost.
 Maximize profits of a firm with and without price
discrimination in different markets.
 Show that, at the point of maximum average product of
labour, average product of labour equals marginal
product of labour.
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The previous section demonstrated how mathematics can be used
to optimize particular economic functions. Those examples
suggested two important results:
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Example 1
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Solution
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Hence
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Ada pertanyaan?
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Evaluate the profit under each
policy
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