What price and quantity combination would this firm

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Reference no: EM13896634

Set up a table or a spreadsheet for XYZ's output (Q) price(P), total revenue (TR), marginal revenue (MR), total cost (MC), average cost (AC) total profit (TP) and Marginal profit (MP). Establish a range for Q from 0 to 1,000 in increments of 100 (i.e., 0, 100, 200...1,000).

At what price and quantity combination would this firm maximize her profit?

Calculate her maximum profit.

Reference no: EM13896634

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