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stionid=12llumeu-ldisediu-5844595 Out r os vork 18 of 20 (19 complete) R(q) = 100q - 392 C(q) = 200 + 10 Jut level? q= (Enter
Managerial Economics Spring 2020 In Onsite Homework: Week 4 GRADED homewor Score: 0 of 2 pts Text Question 2.2 A firm has rev
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Answer #1

TR= 100q- 3q2

MR= dTR/dq = 100-6q

TC= 200+10q

MC= dTC/dq = 10

At profit maximizing output level : MR=MC.

100-6q = 10

6q = 90

q =90/6

q = 15 units (Profit maximizing output level)

Profit = TR-TC

= [(100)(15)-(3)(15)2] - [(200+10(15)]

= (825- 350) = $475

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