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If the demand function for a good is P= 10- Q and the firms total cost function, TC. is Q + 6Q-10 what level of output maximize profit? Select one Oa 15 Ob.8 Od None Oe4

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Iif the demand function for a good is P= 10-Qand the firms total cost function, TC. is Q + 6Q - 10 what level of output masemize profit?
Select one
Oa 15
Ob.8
Od None
Oe-4

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