Using the graph below, calculate the firm's profits at the profit maximizing output 105 Price 98 91 84 77 70 63 56 49 42
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Using the graph below, calculate the firm's profits at the profit maximizing output 105 Price 98 91 84 77 70 63 56 49 42
QUESTION 4 Given the demand and cost function shown below, calculate the profit maximizing quantity Q(P)=6,815-47P C(Q)=101Q+8675
Using the graph below, calculate the firm's profits at the profit maximizing output 105 Price 98 91 84 77 70 63 56 49 42 35 28 21 14 7 0 + 0 35 70 105 140 175 210 245 280 315 350 385 420 455 490 525 Quantity MC-AC