How do you calculate profit-maximizing output? - TimesMojo

How do you calculate profit-maximizing price? - TimesMojo

A profit-maximizing firm produces one output and uses one input, x, to produce it. The price per unit of the factor is denoted by W and the price of the output is denoted by p. You observe the firm's behavior over three periods and find the following:Period2.50.25Write an equation that gives the firm's profits as a function of the amount of input x it uses, the amount of output produced, the per-unit cost of the input W, and the price of output p. In the diagram below, draw an isoprofit line for