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3. What is the profit-maximizing price and quantity for this firm? Price (P) $18.00 Quantity (Q) 50 Q4. Calculate the profit (or loss) for this

3. What is the profit-maximizing price and quantity for this firm? Price (P*) $18.00 Quantity (Q*) 50 Q4. Calculate the profit (or loss) for this firm. Profit/loss $50.00

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