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A firm has a revenue function R(q) = 8q - q 2 and a cost function C(q) = 2q + 5. The profit maximizing quantity
A firm has a revenue function R(q) = 8q - q2 and a
cost function C(q) = 2q + 5.
The profit maximizing quantity is .
When the firm is producing the profit maximizing quantity they earn a profit of $ .
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