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    Business
  3. Study Set
    Microeconomics Theory with Applications
  4. Exam
    Exam 8: The Theory of Perfect Competition
  5. Question
    Suppose That TC = 2Q<sup>3 </Sup>- 18Q<sup>2 </Sup>+ 100Q
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Suppose That TC = 2Q3 - 18Q2 + 100Q

Question 8

Question 8

Multiple Choice

Suppose that TC = 2Q3 - 18Q2 + 100Q + 50. If price, P, equals 100, the firm's maximum profit is:


A) 120.
B) 154.
C) 166.
D) 186.

Correct Answer:

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