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Business, 26.09.2019 18:30 Kadancepiggott7

Silky inc., which sells custom silk ties designed by famous people, faces a demand curve of q = 150 – 0.2p, where q is measured in hundreds of ties and p is the price per tie. the marginal cost of production is given by mc = 5q. what is silky's profit-maximizing output level? (hint: add two zeros to the number you get.)

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Silky inc., which sells custom silk ties designed by famous people, faces a demand curve of q = 150...
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