What price and quantity should produce to maximize profit

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Reference no: EM133336903

Question: The weekly cost of producing toys is TC= C (Q) = 1+2*Q^2 and the demand for your product is given by Q(P) = 4-0.5*P

What price and quantity should you produce to maximize profit?
What profits do you expect to earn? (Please use graphs to support your answer)

Reference no: EM133336903

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