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Your total cost of production is given by TC(Q)=80+2 Q+ Q2 and your demand is Q (P) = 30 P: (i) Solve for your

 

Your total cost of production is given by TC(Q)=80+2 Q+ Q2 and your demand is Q (P) = 30 P: (i) Solve for your pro't-maximizing output level and price. (ii) Should you be in the business or shut your doors?

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