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A demand curve is given by P= -1/2Q+100

A marginal cost curve is given by MC=2Q+10

An average Cost curve is given by ATC=Q+10

  1. How many output will the firm produce?
  2. What is the total revenue?
  3. What is the total cost
  4. What is the profit
  5. What is the deadweight loss?

Please show your work so I can understand for future questions.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92568540
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