What would be the profit maximizing number of lunches

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Problem: Sure. Although Francis and I own competing food trucks, we sell very similar, high-quality lunches. Kim We face the same market demand for our lunches and we have the same costs ($1 per lunch). Here is a summary of our market demand, the corresponding market marginal revenue, and our marginal costs: Samuel In my research on street businesses, I have found that firms want to maximize their profits. Kim, if you and Francis were not competitors, but were instead one firm - a monopoly what would be the profit maximizing number of lunches to make per lunch hour?

Reference no: EM133616858

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