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Q: economics for managers, sample question ( No Answer,   0 Comments )
Subject: economics for managers, sample question
Category: Business and Money > Economics
Asked by: jeg68-ga
List Price: $20.00
Posted: 30 Jun 2006 12:14 PDT
Expires: 30 Jun 2006 13:06 PDT
Question ID: 742398
7.  Smith Co. has the following demand curve: P = 1000 ? 0.5Q.  The
total cost of production for Smith Co. is: TC = 200,000 + 200Q +
0.125Q2.  How many ice cubes should Smith produce?  What price should
Smith sell for?  What is Smith?s profit?
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