Sorry for the lack of updates over the last few days, I have been working on a profit maximising calculator which took quite a long time to produce! But it is finally done, you can check it out here. Please make sure you enter the values in the specific format outlined. You can either insert the demand function or the total revenue function (don’t insert both) and the total cost function and then the program will calculate the optimal output and the profit produced in order to maximise profits. To find out how the calculator works in principle read this lesson here.

If you encounter any problems with the calculator, or if some functions aren’t producing a result please let us know, or leave a comment below.