Question: The original revenue function for the microchip producer is R = 170Q - 20Q2. Derive the expression for marginal revenue, and use it to find

The original revenue function for the microchip producer is R = 170Q - 20Q2. Derive the expression for marginal revenue, and use it to find the output level at which revenue is maximized. Confirm that this is greater than the firm’s profit-maximizing output, and explain why.

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