price

demand
unit cost
profit

$6.00
8
$2.00
$32.00

maximum the profit earnd from customer whose demand in kws for power is given by q=20-2p it cost 2$ to produce a unit of p

2$ to produce a unit of power

A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

E
cutoff
HP
LP

cost
2
Midpoint Unit
0.5
1.5
2.5
3.5
4.5
5.5
6.5
7.5
8.5
9.5
10.5
11.5
12.5
13.5
14.5
15.5
16.5
17.5
18.5
19.5

Value
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

9.75
9.25
8.75
8.25
7.75
7.25
6.75
6.25
5.75
5.25
4.75
4.25
3.75
3.25
2.75
2.25
1.75
1.25
0.75
0.25

G
80
20
5

H
Units bought
Revenue
Prod Cost

Max surplus
0
Cum ValuePrice paid
Surplus
9.75
20
-10.25
19
40
-21
27.75
60
-32.25
36
80
-44
43.75
100
-56.25
51
120
-69
57.75
140
-82.25
64
160
-96
69.75
180
-110.25
75
200
-125
79.75
220
-140.25
84
240
-156
87.75
260
-172.25
91
280
-189
93.75
300
-206.25
96
320
-224
97.75
340
-242.25
99
360
-261
99.75
380
-280.25
100
400
-300

Profit
$
-

A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

E
cutoff
HP
LP

cost
2
Midpoint Unit
0.5
1.5
2.5
3.5
4.5
5.5
6.5
7.5
8.5
9.5
10.5
11.5
12.5
13.5
14.5
15.5
16.5
17.5
18.5
19.5

Value
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

9.75
9.25
8.75
8.25
7.75
7.25
6.75
6.25
5.75
5.25
4.75
4.25
3.75
3.25
2.75
2.25
1.75
1.25
0.75
0.25

Max surplus
Cum ValuePrice paid
9.75
19
27.75
36
43.75
51
57.75
64
69.75
75
79.75
84
87.75
91
93.75
96
97.75
99
99.75
100

H
Units bought
Revenue
Prod Cost

0
Surplus

Profit
$
-

A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

G
0

cost

Fixed
var

2
Midpoint Unit
0.5
1.5
2.5
3.5
4.5
5.5
6.5
7.5
8.5
9.5
10.5
11.5
12.5
13.5
14.5
15.5
16.5
17.5
18.5
19.5

Value
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

9.75
9.25
8.75
8.25
7.75
7.25
6.75
6.25
5.75
5.25
4.75
4.25
3.75
3.25
2.75
2.25
1.75
1.25
0.75
0.25

Max surplus
Cum Value Price paid
9.75
19
27.75
36
43.75
51
57.75
64
69.75
75
79.75
84
87.75
91
93.75
96
97.75
99
99.75
100

H
Units bought
Revenue
Prod Cost

J
0

$
$

0
Surplus

Profit
$
-