Question

Suppose a firm in competitive market has the following total cost of production: TC=〖2q〗^2+100. If the...

Suppose a firm in competitive market has the following total cost of production:

TC=〖2q〗^2+100. If the price P=100, the maximum profit will be:

A)1050

B) 1150

C)1250

D) 1350

E) None of above

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Answer #1

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