Determine its provit maximizing level of exports

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Consider a firm in some foreign country producing a good as a monopoly. Its export demand function is given by Q=40- .5p. Its Total Cost function is given by TC=150+8Q, a) Determine its provit maximizing level of exports, and the export price the firm will sell each unit for. Draw a graph that depicts these results.

Reference no: EM131088816

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