Business, 18.12.2019 01:31 zfghiiooi5

Afirm faces the following average revenue (demand) curve: upper p equals 125 minus 0.02 upper q where q is weekly production and p is price, measured in cents per unit. the firm's cost function is given by upper c equals 50 upper q plus 20 comma 000. assume that the firm maximizes profits. a. what is the level of production, price, and total profit per week? (round all responses to two decimal places.) the equilibrium quantity is nothing units, the price is nothing cents, and the total profit is $ nothing per week.

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Afirm faces the following average revenue (demand) curve: upper p equals 125 minus 0.02 upper q whe...

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