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Homework answers / question archive / Given the following total Revenue and total cost function , find profit by setting up the profit function ,where given TR = 1800Q -7
Given the following total Revenue and total cost function , find profit by setting up the profit function ,where given TR = 1800Q -7.5 Q2 AND TC = Q3- 6 Q2 + 140 Q+ 850 A)find the critical values at which the function may be optimized B) test the second order condition and C) Calculate the maximum profit.