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2) InvaseCorp has a patent for a unique activity tracking app. The market demand for the app is given by P = 124 - 0.1Q.

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2) InvaseCorp has a patent for a unique activity tracking app. The market demand for the app is given by P = 124 - 0.1Q. The total cost of producing the app is given by TC = 2000 + Q+ 0.0502 and the marginal cost is MC = 1 + 0.1Q. a) What is InvaseCorp's profit-maximizing choice of price and quantity? b) How much profit does InvaseCorp make at the profit-maximizing choice

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