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Perfect CompetitionaSuppose that an Antiguan fruit company .pdf

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Perfect Competitiona.Suppose that an Antiguan fruit company produces and exports fruit at aprice of US$3.40 per unit and currently has the following total cost function:TC = 150030Q + 0.12Q2, where Q is the quantity of fruits produced inthousand of units. What quantity should the company produce in order tomaximize profit and what is the total profit?.

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Perfect Competitiona.Suppose that an Antiguan fruit company produces and exports fruit at aprice of US$3.40 per unit and currently has the following total cost function:TC = 150030Q + 0.12Q2, where Q is the quantity of fruits produced inthousand of units. What quantity should the company produce in order tomaximize profit and what is the total profit?

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Perfect CompetitionaSuppose that an Antiguan fruit company .pdf

  • 1. Perfect Competitiona.Suppose that an Antiguan fruit company produces and exports fruit at aprice of US$3.40 per unit and currently has the following total cost function:TC = 150030Q + 0.12Q2, where Q is the quantity of fruits produced inthousand of units. What quantity should the company produce in order tomaximize profit and what is the total profit?