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    Maximize Profit and Revenue

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    An oligopolist, the Bramwell Corporation has estimated its demand function and total cost functions to be as follows:


    Quanitites to be used 1 to 14

    What will be the price and quantity if Bramwell wnat to
    1) Maximize Profit
    2) Maximize Revenue
    3) Determine the maximum revenue and the maximum profit for the oligopolist

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    Solution Summary

    Maximize profit and revenue are explicated.