Illustrate what is the profit-maximizing price and quantity

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Reference no: EM1363820

Hair Grow Co. has a demand curve of P=101-.00002Q Marginal cost for producing Hair Grow pill is $1. What is the profit-maximizing price and quantity? What is the profit?

Reference no: EM1363820

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Illustrate what is the profit-maximizing price and quantity : Hair Grow Co. has a demand curve of P=101-.00002Q Marginal cost for producing Hair Grow pill is $1. Illustrate what is the profit-maximizing price and quantity. What is the profit.

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