A firm has the following total revenue and total costschedules: TR= $2Q TC= $4000+$1.5Q a....
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A firm has the following total revenue and total costschedules: TR= $2Q TC= $4000+$1.5Q a. What is the break-even level of output? What is the level ofprofits at sales of 9,000 units? b. As the result of a major technological breakthrough, the totalcost schedule is changed to: TC= $6000+0.5Q
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