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Now let's use this information to make decisions about production and pricing.Suppose the inverse demand for these shirts is given by P = 30 -

Now let's use this information to make decisions about production and pricing.Suppose the inverse demand for these shirts is given by P = 30 - Q/1000, and we want to know how many shirts the firm should make, what inputs it will need, and what price the firm should charge to maximize profits.

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