A. Fill in the missing data for price (P), total revenue (TR), marginal revenue (MR), total cost

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A. Fill in the missing data for price (P), total revenue (TR), marginal revenue (MR), total cost (TC), marginal cost (MC), profit (Ï€), and marginal profit (Me) in the following table:


A. Fill in the missing data for price (P), total


B. At what output level is profit maximized?
C. At what output level is revenue maximized?
D. Discuss any differences in your answers to parts B andC.

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