Question: If a company's demand function for a machine is p =30 - q and its average cost function is: AC = q2 - 8q +

If a company's demand function for a machine is p =30 - q and its average cost function is: AC = q2 - 8q + 45 + 6 Find the value of output which:


1. Maximizes total revenue 

2. Determine maximize profit

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