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You are the manager of a firm that sells its product in a competitive market at a price of $48. Your firm's cost function is
You are the manager of a firm that sells its product in a competitive market at a price of $48. Your firm's cost function is C = 60 + 2Q2. Your firm's maximum profits are:
Multiple Choice
- $192.
- $228.
- $348.
- $576.
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