Question: a) A profit maximising firm has a marginal cost function given by MC = 6Q2-10Q + 12 and a marginal revenue function given by MR


a) A profit maximising firm has a marginal cost function given by MC = 6Q2-10Q + 12 and a marginal revenue function given by MR = 100-2Q. i) Find expressions for the firm's Total Revenue and Total Cost functions in terms of Q. ii) Find the profit maximising level of output if the firm's fixed costs of production are zero
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