# Managerial Econ

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The following schedule shows demand and total cost.
Price Quanity Total cost
\$30 10 \$200
29 11 208
28 12 217
27 13 227
26 14 238
25 15 250
24 16 263
To maximize profit firm should produce _____units of output and charge a price of \$______

• Bus. -

P \$26 X Q 14 = \$ 364 - Cost \$238 = \$126 , Which is max Profit among those.

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