Question: Please help with this practice question. This is the full question. You manage a rm producing in a perfectly competitive industry. The firm's total cost

Please help with this practice question. This is the full question.

Please help with this practice question. This is the full question. You

You manage a rm producing in a perfectly competitive industry. The firm's total cost function is given by TC = 8 + Q + CLBQ2 meaning that it has a marginal cost of MC =1 + Q. If the market price is constant at $9, how much should you produce to maximize profit and how much prot will you make? Output: units Prot: :5

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