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Question: Using your knowledge of economics to apply appropriate restrictions on their domain, say whether or not the following functions have maximum or minimum points.

(a) TC = 12 + 62q - 10q2 + 1.2q3

(b) TC = 6 + 2.5q

(c) p = 285 - 0.4q.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92290941

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