Demand function q 20 - 02p mc 10 5q given that tfc 2000


Demand function Q = 20 - 0.2P, MC = 10 + 5Q, given that TFC = $2,000. Derive and equation for TC; Calculate the profit at the profit maximizing level.

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Macroeconomics: Demand function q 20 - 02p mc 10 5q given that tfc 2000
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