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Question: 7 a manger of an engineering firm faces the following...

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7. A manger of an engineering firm faces the following benefit and cost structure:

B(Q) = 300Q – 6Q^2

and C(Q) = 4Q^2

What is the quantity that the manager of the firm should produce to maximize the total benefits?

. What is the quantity that the manager of the firm should produce to maximize the net benefits?

The manager is asked to determine the maximum net benefit at a net benefit maximizing level of

output. He calculates output?

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