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Assume: TC = 450 15???? + 2Q^2 QD = Demand = 6,500 100P QS = Supply = 1,200P Find Total Revenue, Total Cost, Price, Quantity
Assume:
TC = 450 15???? + 2Q^2
QD = Demand = 6,500 100P
QS = Supply = 1,200P
Find Total Revenue, Total Cost, Price, Quantity and Profit
please show me step by step.Thanks!
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