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With a demand curve of Q= 80-4/3P and average total cost of production of ATC= 0.5Q+10+ (1,000)/Q Which is not true? max total profit is

With a demand curve of

Q= 80-4/3P

and average total cost of production of

ATC= 0.5Q+10+ (1,000)/Q

Which is not true?

  • max total profit is positive
  • max value of the total revenue function is 1200
  • the profit maximizing output level is Q = 20
  • The most profitable price is P= 45
  • The TOTAL cost of production is TC= 0.5Q^2+10Q+1,000

Thank youu :)

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