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sir in prob its asked that calculate price which provide max contribution that firm can earn ??
i am calculating it as profit can be max where MR=MC but i am just considering prob as to whether in equation we should take fixed cost per unit as cont = fixed cost +profit.
plz reply fast if possible i have too much things to wind up in less time
regards
Hi – No need to worry MC = MR is not on CIMA P1 syllabus.
Please post your question – with more detail onto the P2 forum if you still need help with pricing MC = MR.sir asked same over the P2 forum as well bt still no reply received till date.sir its been 7 days around off that i am been struggling with this query bt no reply been received form ur end for the sol.
regards
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