Question: Problem 1 7 . ( 9 points ) The table below shows cost, C ( q ) , and revenue, R ( q ) .
Problem points
The table below shows cost, and revenue,
table
At approximately what production level, is profit maximized?
~~ units
What is the price of the product?
price dollars
What are the fixed costs?
fixed costs dollars
Note: You can earn partial credit on this problem.
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