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SADCO is a pure water producing company whose total revenue and total cost functions are as follows: TR = 90Q - 2Q 2 TC =
SADCO is a pure water producing company whose total revenue and total cost functions are as follows:
TR = 90Q - 2Q2
TC = 200 + 10Q + 2Q2
a.Determine the profit function of the company
b.Calculate the profit maximizing level of output
c.Given the various level of output produced by the company, calculate the missing columns
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