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Managerial Economics Profit Max Turn in your spreadsheet only. Assume: P = 100 -.05Q Cost = .5Q2 +10,000 Calculate: P, Q, TR, TC and profit.
Managerial Economics
Profit Max
Turn in your spreadsheet only.
Assume:
P = 100 -.05Q
Cost = .5Q2 +10,000
Calculate: P, Q, TR, TC and profit. Do you notice anything wrong with your answers?
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