Juice producers are price takers since they compete in a highly competitive market. The going rate for juice at the market is $20.00. The prices are provided by: Cost overall = 0.2Q2+8Q+40 Cost Margin = 0.4Q+10 a) Determine how many juices the business should sell to increase earnings. CMg=P b) Determine the highest daily benefits. Total revenue = P*Q Costs in total = 0.2Q2+8Q+40 Total income + maximum perks Total price

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