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(a)Determine profit maximization using the two methods of profit maximization (a)aggregate demand and (b) Marginal Approach Given that TC = 40+Q+0.4Qsquare and assume demand for

(a)Determine profit maximization using the two methods of profit maximization (a)aggregate demand and (b) Marginal Approach

Given that TC = 40+Q+0.4Qsquare and assume demand for the firms output is Q= 55-0.5P. Determine the level of output that maximizes Profit

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