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MGRECON - Fall 2021 O Online Assignment 4 For Questions 6 - 7 use the following information. The company Epic Tomatoes (EpicTomatoes) faces the two
MGRECON - Fall 2021 O Online Assignment 4 For Questions 6 - 7 use the following information. The company "Epic Tomatoes" (EpicTomatoes) faces the two demand curves for its Merry Cherry Tomatoes: p1 = 100 -2q1 from its own country; and p2 =20 from the neighboring country of Northland. To produce Q units (Q = q1 + q2) every year, EpicTomatoes incurs a total cost of TC (Q) = 500 + =Q2 4 hence MC (Q) = ,Q. (All monetary amounts are in dollars.)
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