I've posted this before, but people aren't actually reading the question so I'd appreciate if you can please read carefu

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answerhappygod
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I've posted this before, but people aren't actually reading the question so I'd appreciate if you can please read carefu

Post by answerhappygod »

I've posted this before, but people aren't actually reading thequestion so I'd appreciate if you can please read carefully. Thankyou!!
Given: Price = 4.2
Given: Total Cost = 40 + .1Quantity^2 - .2Quantity
Given: Marginal Cost = .2Quantity - .2
HOWEVER, if consumer income decreases, what is the NEW QUANTITY to produce and what would the profit be?
I got 22 as the quantity to maximize profit. for ANOTHERquestion. ((he quantity should be different from 22 but I'm notsure how you'd do that.)
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