Calculate the profit maximizing output

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Reference no: EM13174769

C = Q^2 + 50Q + 81 ; 1)Determine the range of prices for which the firm incurs a loss but continues to produce. 2)Determine the range of prices for which the firm earns a profit. 3) Calculate the profit maximizing output and the resulting profit when price is $101.

Reference no: EM13174769

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