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Question - If the fixed costs are 25, variable costs per unit are 2 and the demand function is P = 20 - Q.
(a) Find the levels of output which give a profit of 31.
(b) Find the maximum profit and the value of Q at which it is achieved.
Shore Co sells two products, Kayaks and Motors- Last year Shore sold 12,600 units of Kayaks and 23,400 units of Motors. Related data are
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