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TC =Q3-21+600Q+1820 P=600 mc=3Q3-42Q+600 1.what is profit maximizing level of output for above hypothetical firm? 2.what is maximum of profit or minimum lose at optimum

TC =Q3-21+600Q+1820 P=600 mc=3Q3-42Q+600

1.what is profit maximizing level of output for above hypothetical firm?

2.what is maximum of profit or minimum lose at optimum output level?

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