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The company contacts you through LinkedIn and asks for your advice on how to run the firm. You tell them they should be maximizing profits
The company contacts you through LinkedIn and asks for your advice on how to run the firm. You tell them they should be maximizing profits instead of revenue, and they should be producing how many machines?
| Q | cost | MC |
| 0 | 300 | 0 |
| 1 | 650 | 350 |
| 2 | 865 | 215 |
| 3 | 1004 | 139 |
| 4 | 1092 | 88 |
| 5 | 1134 | 42 |
| 6 | 1151 | 17 |
| 7 | 1174 | 23 |
| 8 | 1260 | 86 |
| 9 | 1423 | 163 |
| 10 | 1726 | 306 |
| 11 | 2132 | 403 |
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Principles Of Macroeconomics
Authors: N Gregory Mankiw
8th Edition
1305971507, 9781305971509
