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A firm knows that its marginal cost for a product is MC = 3 x + 20, that its marginal revenue is MR = 68

A firm knows that its marginal cost for a product is

MC = 3x + 20,

that its marginal revenue is

MR = 68 5x,

and that the cost of production of 80 units is $11,380.

(a) Find the optimal level of production.

(b)Find the profit function.

(b) Find the profit function. There is loss/profit of ?

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