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Assume a profit maximizing firm's short-run cost is TC = 700 + 60Q. If its demand curve is P = 300 - 15Q, what is
Assume a profit maximizing firm's short-run cost is TC = 700 + 60Q. If its demand curve is P = 300 - 15Q, what is the profit maximizing quantity?
Select one:
a. 16
b. 0
c. 15
d. 700
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