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Given the total profit () functions of two firms M & N: Total = -2000 + 260Q_M - 3.25Q_M^2 + 300Q_N - 1.25Q_N^2 - 2Q_M
Given the total profit () functions of two firms M & N:
Total = -2000 + 260Q_M - 3.25Q_M^2 + 300Q_N - 1.25Q_N^2 - 2Q_M Q_N
Find:
(a) Partial derivative with respect to M:
(b0 Partial derivative with respect to N:
PLEASE SHOW YOUR WORK.
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