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Rudy Chappa owns a internet running goods website. He sells a single type of shoe: 'Nike elite' cross country shoes. If the revenue function for
Rudy Chappa owns a internet running goods website.
He sells a single type of shoe:
'Nike elite' cross country shoes.
If the revenue function for the shoes is TR = (100- Q)Q
and the cost function is TC = 1200 + 20Q, what is his profit maximizing number of
shoes?
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