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Calculate total revenue-total cost and profits

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The demand for Professor Bongmore's new book is given by the function Q = 5,000 - 100p. If the cost of having the book typeset is $9,000, if the marginal cost of printing an extra copy is $4, and if he has no other costs, Calculate total revenue, total cost and profits at these Q* and P*.

Reference no: EM131063565

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