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Find the profit maximizing level of output for the firm

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Reference no: EM132445006

Suppose a firm sells in a highly competitive market where the going price is $15 per unit. Its cost equation is C=$25+.25Q^2.

A. Find the profit maximizing level of output for the firm. determine its level of profit.

B. Suppose that fixed costs rise to $75. Verify this change does not affect the firms level of output.

Reference no: EM132445006

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