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tc = 100+20q +7q 2 Qd = 130-2p what is the type of this market calculate the profit maximizing level of output and price for

tc = 100+20q +7q2

Qd = 130-2p

  1. what is the type of this market
  2. calculate the profit maximizing level of output and price for this firm
  3. does the firm make profit or loss at this level of output
  4. should the firm produce thiis level of output or shutdown

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