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1.A firm has the following total revenue and total cost functions: TR = 21Q - Q 2 , and TC = 1/3 Q 3 -

1.A firm has the following total revenue and total cost functions:

TR = 21Q - Q², and

TC = 1/3 Q³ - 3Q² + 9Q + 6

a.At what level of output dies the firm maximize total revenues?

b.At what level of output dies the firm maximize total profits?

c.What is the firm's total profits at its maximum?

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