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Suppose marginal costs are $40 and constant. Demand curve of the firm is D = 200-2Q. What is the profit maximising outputs and price? a.

Suppose marginal costs are $40 and constant. Demand curve of the firm is D = 200-2Q. What is the profit maximising outputs and price?

40units and $40

40units and $120

100units and $40

100units and $120

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