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Dalahla Company Limited, focusing on producing tooth paste (in units) has a demand function 4Q = 35 0.5P. If total fixed cost is GH80 and
Dalahla Company Limited, focusing on producing tooth paste (in units) has a demand function
4Q = 35 0.5P.
If total fixed cost is GH80 and average variable cost per unit function is 3Q 51+320/Q
Where Q, is number of tooth paste produced and P is the price per tooth paste (in GH).
What is the total profit at the profit maximizing level of output, and what is the best pricing policy option?
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