C = 0.05q2 - 2q +15 + 80/q and sells it according to the demand function q

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C = 0.05q2 - 2q +15 + 80/q and sells it according to the demand function q = 100 - 2P, where P is the price of X. What is Firm A's profit when it produces and sells q = 40 units of X?

1) -430

2) -562

3) 1050

4) 520

Posted Date: Jun 23, 2024 01:03 AM

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C = 0.05q2 - 2q +15 + 80/q and sells it according to the demand function q

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