Question: Find an expression for the profit function given the demand function 20+ P = 25 and the average cost function AC = 32/Q+5 Find the

Find an expression for the profit function given the demand function

20+ P = 25

and the average cost function

AC = 32/Q+5

Find the values of Q for which the firm

(a) breaks even;

(b) makes a loss of 432 units;

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