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how do you solve for profit to get optimal level for both firms and optimal selling price? Suppose that demand equals: P = 1,000 -
how do you solve for profit to get optimal level for both firms and optimal selling price? 
Suppose that demand equals: P = 1,000 - Qs - Qt; where Qs and Q are quantities sold, and P is the selling price. The cost functions for the respective firms are: TCs = 70,000 + 5Qs +0.25Qs TC, = 110,000 + 5Q+ 0.15 Step by Step Solution
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The Palgrave Handbook Of Government Budget Forecasting
Authors: Daniel Williams, Thad Calabrese
1st Edition
3030181944, 978-3030181949
