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The demand and cost functions for a company are estimated as follows: = 100 8 = 50 + 80 102 + 0.63 a. What price
The demand and cost functions for a company are estimated as follows: = 100 8 = 50 + 80 102 + 0.63 a. What price should the company charge if it wants to maximize its profit in the short run? b. What price should it charge if instead it wants to maximize its revenue in the short run
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