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A firm faces a demand described by Q = 60 - .5P. Afteran initial fixed cost of $100, every unit produced costs $$40. What is
A firm faces a demand described by Q = 60 - .5P.
Afteran initial fixed cost of $100, every unit produced costs $$40.
What is the maximum profit attainable for this firm?
How many units should the firm produce?
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