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(2B) If the demand, fixed cost (FC), and variable cost per unit (v) are given by the following functions, P = - aQ +b, FC

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(2B) If the demand, fixed cost (FC), and variable cost per unit (v) are given by the following functions, P = - aQ +b, FC = c, and v = d (i) Find the expression for total revenue in terms of Q. 4 marks (ii) Find the expression for total cost in terms of Q. 4 marks (iii) Find the expression for profit in terms of Q. 4 marks

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