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Consider the following cost and benefit functions. (8) (m3 7:132 9m + 16) C( B cc) (cc) FMS-Hahl a. At what production level is there

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Consider the following cost and benefit functions. (8) (m3 7:132 9m + 16) C( B cc) (cc) FMS-Hahl a. At what production level is there maximum net benefit? b. At what production level is there maximum gross benefit while still having cost not exceed benefit?

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