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Anoncompetitive firm with the total cost function tc

A noncompetitive firm with the total cost function TC = 0.4Q3- 7.5Q2+ 85Q + 300 has the following demand function for its product
P = 350 - 5Q

(a) What is the firm's profit maximizing price and output combination?

(b) What is the firm's total profit?

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Microeconomics: Anoncompetitive firm with the total cost function tc

Reference No:- TGS01162793

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