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1. Assume that a firm has carefully measured demand and thinks that the table below displays this accurately. The total cost has been measured and
1. Assume that a firm has carefully measured demand and thinks that the table below displays this accurately. The total cost has been measured and can be given as TC = 20 + Q + Q^2, where Q is the level of output. Complete the table and determine the profit-maximizing level of output. (10 points) Output Total Revenue Total Cost Profit $90 Answer here. Answer here. 160 Answer here. Answer here. 210 Answer here. Answer here. 240 Answer here. Answer here. 250 Answer here. Answer here. 240 Answer here. Answer here. 210 Answer here. Answer here. 160 Answer here. Answer here. 90 Answer here. Answer here. 10 0 Answer here. Answer here
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