When P=MR=MC, equilibrium is reached.
mc=0.3q^2-4q+ 15=55 3q^2-40q-400=0 q = 20
Stop production condition p = Mr = MC = 0.3q2-4q+15 = AVC = 0.1q2-2q+15.
That is P=0.3Q2-4Q+ 15.
0.3q2-4q+ 15=0. 1q^2-2q+ 15
Q= 10 P= 5 when solving equations.
P=5 is the stopping point, not less than 5.
Ensure correct and timely adoption!