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Part a} A price-taking company produces desks and its total cost information is given as below. The number of desks per day Total cost ($/day)

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Part a} A price-taking company produces desks and its total cost information is given as below. The number of desks per day Total cost ($/day) 100 2 150 W 220 310 405 510 650 8 800 i) If the market price is $120 per desk, how many desks should the company produce per day to maximise its profit? (3 marks) ii) If the market price per desk reduces to $100, how many desks should the company produce per day? (2 marks)

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