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July 29, 2014

Homework Help: Economics

Posted by Jeff on Friday, April 6, 2007 at 3:14pm.

P=MR+$750
TC =2,500,000+500q+0.005Q^2 (squared)
Mc =500+0.01Q

Calculate profit maximizing level
Calculate the company's optimal profit and optimal profit as a percentage of sales revenue

Can anyone help here I am lost

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