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Profit Maximization

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Fill in the missing data for price (P), total revenue (TR), marginal revenue (MR), total cost (TC), marginal cost (MC) profit (ח) and marginal profit (Mח) in the following table.

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A. At what output (Q) Level is profit maximized?
B. At what out put (Q) level is revenue maximized?
C. Discuss any differences in your answers to Parts A and B

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