Calculate the quantity produced in each factory

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Question: A monopoly operates in a market where demand is given by p=40-q. It has two factories. The first one has the following cost function: c(q1)=2q1^2. The second factory has the following cost function: c(q2)=q2^2.

a. Calculate The quantity produced in each factory

b. Calculate the profit of the firm

Reference no: EM132136509

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