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Set up a spreadsheet for output (Q), price (P), total revenue (TR), marginal revenue (MR), total cost (TC), marginal cost (MC), average cost (AC), total
Set up a spreadsheet for output (Q), price (P), total revenue(TR),marginal revenue(MR),total cost (TC), marginal cost (MC), average cost(AC),total profit,. Establish a range forQfrom 0 to 1,000 in increments of 100 (i.e., 0, 100, 200, ..., 1,000).
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