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A company has given you the following information: Demand: q=500-5p Cost: TC = 500+16q+q^2 Find the profit maximizing price and quantity. What is the firm's

A company has given you the following information:

Demand: q=500-5p

Cost: TC = 500+16q+q^2

Find the profit maximizing price and quantity. What is the firm's profit?

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