(Solution Download) Profit maximization

Use the following to calculate profit at each quantity of output.

Total Output (Q) Price (P) Total Revenue (TR) Total Cost (TC)
0 $1,900 $0 $1,000
1 $1,700 $1,700 $2,000
2 $1,650 $3,300 $2,800
3 $1,600 $4,800 $3,500
4 $1,550 $6,200 $4,000
5 $1,500 $7,500 $4,500
6 $1,450 $8,700 $5,200
7 $1,400 $9,800 $6,000
8 ...