1. Business
  2. Economics
  3. please answer part a and b...

Question: please answer part a and b...

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please answer part A AND B!!!!

Lets assume a firms inverse demand curve and cost equation is given below: P = 175-2Q C400+50QQ (a) Find the optimal quantity, price, and profit (b) With quantity on the x-axis and price on the y-axis, graph the inverse demand, marginal revenue, and marginal cost curves. Show the optimal price and quantity on the graph.

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