Question: c. Given you answer in b, should the rm increase or decrease output in order to maximize prots? Explain and show your work on a

c. Given you answer in b, should the rm increase or

c. Given you answer in b, should the rm increase or decrease output in order to maximize prots? Explain and show your work on a well labeled graph. (1. What is the prot maximizing output and price? Show and explain all your work and match up your answer to your work in part c

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