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1. VC = Q^2/2 MC = Q TC = 100 + Q^2/2 AC = (100/Q) + Q/2 Calculate (1) your profit-maximizing quantity, and (2) your
1.
VC = Q^2/2
MC = Q
TC = 100 + Q^2/2
AC = (100/Q) + Q/2
Calculate (1) your profit-maximizing quantity, and (2) your amount of profit for the prices 10, 12, and 14.
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Principles of Economics
Authors: Gregory Mankiw
7th edition
128516587X, 978-1285165875
