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Your firms research department has estimated your total

Question: Your firm's research department has estimated your total revenues to be??28000,3QQQR??and your total costs to be ??22100QQC??. (Note thatQMB16000, 3 ? ? and Q MC 4 ? .

a. What level of Q maximizes net benefits?

b. What is marginal benefit at this level of Q ?

c. What is marginal cost at this level of Q ?

d. What is the maximum level of net benefits?

e. What is another word for net benefits in this example?

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Microeconomics: Your firms research department has estimated your total

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