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{"ops":[{"insert":"A firm's demand and total cost functions for a good are 4P+Q-16=0 and TC = 4+2Q-((3Q^2)\/10)+((Q^3)\/20) respectively.\n() What level of output, Q, should the firm produce if it wants to maximize profit)\n() Show that at the point of maximum profit, MR = MC.\n"}]}
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