Bundle: Principles of Economics, Loose-leaf Version, 8th + LMS Integrated MindTap Economics, 2 terms (12 months) Printed Access Card
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Chapter 15, Problem 8PA

Subpart (a):

To determine

Profit maximization.

Subpart (b):

To determine

The demand, marginal revenue and marginal cost curves.

Subpart (c):

To determine

Evaluate the shortage.

Subpart (d):

To determine

Evaluate shortage.

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